Julian Zawistowski, an executive at the Golem Foundation, said the project's November 2016 token sale raised about 820,000 ETH in under 30 minutes and minted 1bn tokens, first called GNT and now GLM. He said the foundation has staked 100,000 ETH since 2023, sharing staking rewards with GLM holders through Octant and backing Ethereum public goods.
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