Gno.land is a Layer 1 from NewTendermint and Jae Kwon, who previously co-created Tendermint and Cosmos. Its main features contracts published as readable Gno source - a deterministic, interpreted dialect of Go, so users can inspect, import, or fork what they sign without learning Solidity or Rust.
GNOT is the native project token that pays gas, locks as a refundable storage deposit for every byte kept on-chain, and is the planned fee asset for IBC once cross-chain links are live.
The public ICO ran on Sonar by Echo as a uniform-price English auction from 20 July 2026 12:00 UTC to 27 July 2026 12:00 UTC. The auction closed at $0.0645 and raised $1,183,664 from 122 settled wallets (about 21.60M GNOT after the stage bonus), implying an $85.98M FDV.
100% at TGE unlocked
This Echo ICO is closed. The contribution window ran 20–27 July 2026 on sale.gno.land through Sonar, Echo’s KYC layer (the same stack Coinbase acquired). Eligible users completed a one-time Sonar identity check (~3 minutes), connected a self-custody Ethereum wallet, and bid USDC or USDT on mainnet. U.S. participation was limited to accredited investors. Country blocks were enforced at registration; the disclosure points to the Sonar form rather than publishing a final banned-jurisdiction list.
The sale was a uniform-price auction, not a FCFS pool. You named a max price per GNOT in $0.0215 steps at or above $0.0645 and locked the matching stablecoins. Everyone who cleared paid the same final price. If demand at that price had exceeded 38,760,000 GNOT, fills would have been pro-rata with refunds.
In this sale the book stayed at the floor, and the $2.5M soft cap was not reached, so qualifying bids filled and excess bid premium (none, at the floor) was irrelevant. After close, buyers had to bind a Gno.land address on sale.gno.land/distribution by signing with the same Ethereum wallet used to bid; tokens were not claimed on Ethereum.

💡 Pro tip: The only extra tokens in this auction were the staged contribution bonus, not an early-bird timer: 15% on the portion of the book up to $1M, then 10%/5%/3% through $2.5M.
The raise stopped at $1.18M, so every filled bid sat in the 15% band and spilled a thin slice into 10%. Bonus GNOT shipped with the September allocation and was not a separate claim. If you bid and still have no Gno address bound, the distribution portal is the remaining action - the Ethereum settlement wallet is the only ID Sonar will honor.
Open the sale page and finish Sonar KYC before you fund a bid;
Connect a self-custody Ethereum mainnet wallet and fund it with USDC or USDT plus gas. Minimum commitment was $100 with no cap.
Submit a uniform-price bid at $0.0645 or higher in $0.0215 increments and wait for the single clearing price at 12:00 UTC on 27 July 2026.
Bind a Gno.land address by signing with the same Ethereum wallet, then wait for the September TGE drop.