A decade after Golem’s token sale, foundation executive Julian Zawistowski revisited the project’s beginnings. Golem launched the sale on November 11, 2016, raising approximately 820,000 ETH in under 30 minutes. It minted one billion tokens, originally called GNT and now known as GLM.
Zawistowski also said the Golem Foundation has staked 100,000 ETH since 2023. According to his account, it distributes staking proceeds to GLM holders who participate through Octant and supports Ethereum public goods. He described the foundation’s long-term goal as safeguarding those reserves for the benefit of GLM holders and the wider Ethereum ecosystem.
Originally reported by Odaily on November 12, 2026, at 08:19 (UTC+8).