Golem’s original token, GNT, is now called GLM. In a 10-year retrospective reported by ChainCatcher on November 12, 2026, Golem Foundation executive Julian Zawistowski revisited the project’s November 11, 2016 token sale. He said it raised about 820,000 ETH in less than 30 minutes and minted 1 billion tokens.
Zawistowski also said the foundation has staked 100,000 ETH since 2023. According to his account, it distributes staking rewards to GLM holders who participate through Octant and supports Ethereum public goods. He described the foundation’s long-term goal as safeguarding that reserve for the benefit of GLM holders and the wider Ethereum ecosystem. Those aims are the foundation’s stated intentions, not a guaranteed outcome.
Original report: ChainCatcher · Published November 12, 2026, at 08:19 UTC+8.