Gnoland, the smart contract platform built on Gno, a Go-based interpreted language, has opened a live public sale for its native token GNOT, running as a uniform-price English auction to July 27, 2026.

The sale offers 38,760,000 GNOT (~2.9% of total supply) with a starting price of $0.0645, a $100 minimum commitment, and a $2.5M soft cap, accepting USDC and USDT on Ethereum mainnet.

Total supply is fixed at 1.33B GNOT, with only ~14.8% circulating at TGE. Allocation breaks down across a Cosmos governance snapshot airdrop (26.26%), NewTendermint LLC (24.91%), investors (22.51%), an AtomOne snapshot airdrop (17.33%), plus smaller ecosystem, core, and validator treasuries.

US investors face a 1-year lockup, and at the $0.0645 sale price, FDV lands at roughly $86M.

Participation requires identity verification through Echo's Sonar compliance platform before connecting a wallet and bidding.

Founded by Jae Kwon, co-founder of Cosmos and Tendermint, Gnoland positions itself as a "language-based, multi-user OS", letting Go developers deploy fully on-chain, human-readable smart contracts without learning a new language.