Julian Zawistowski, an executive at the Golem Foundation, reflected on the project's 10th anniversary. On November 11, 2016, the Golem project launched a token sale, raising approximately 820,000 ETH in less than 30 minutes and minting 1 billion tokens, initially named GNT, now renamed GLM.
Since 2023, the Golem Foundation has staked 100,000 ETH and distributed the staking rewards to GLM holders who participate through Octant, while also supporting the construction of Ethereum public goods.