100 million $GNOT will be attributed between New Tendermint Inc. and Jae Kwon; the repartition is expected to be communicated publicly.
100 million $GNOT will be given to the Core Mission DAO, which will manage the community efforts and ecosystem around the project. This DAO is yet to be defined.
Gnoland, the next generation of interoperable concurrent smart contracts created by Cosmos founder Jae Kwon, is a fork of the popular programming language Golang. Gno is deterministic, intuitive, and even better as a smart contract platform. A clear advantage of Golang compared to other languages is apparent when dealing with concurrency. While a majority of programming languages such as C++ or Java use multithreading for running concurrent programs, Go uses Goroutines.
As suggested by Jae Kwon, a dual token model that uses a fee token with a fixed-constant-inflation (not exponential as in staking tokens) will have the following advantages over a single token model:
