PANews reported on July 9 that according to Decrypt, the Ethereum NFT series Goblintown has launched the official Meme coin "GOB" on the Solana blockchain. The token was launched by Exploding Goblin LLC, a subsidiary of Truth Arts, to solve the lifespan problem of new Meme coins. The project will grant the ownership of GOB tokens to a single NFT in the Truth Arts ecosystem, and the quota is reserved for current NFT holders. GOB tokens will not be fully vested, but will be vested in part every second within 24 months, and holders can claim them weekly (the vesting period for companies and team members is 30 months, and the first 6 months are locked).
In addition, in order to deal with the "sniper" problem, Goblintown launched GOB through the community without prior announcement, and the proportion of available tokens on the first day was small. The project will also implement a 2.5% token tax to solve liquidity management problems, and the tax will be used to supplement the liquidity pool, etc., to create a deflationary effect. The founder of the project believes that although the elements of the GOB token design are not innovative, the combination will help maintain the token.


Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week. Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more
