On July 9, CoinWorld reported that the Ethereum NFT series Goblintown has launched the official Meme coin 'GOB' on the Solana blockchain. This token was introduced by Truth Arts' subsidiary Exploding Goblin LLC, aimed at addressing the lifespan issues of new Meme coins. The project assigns the ownership of the GOB tokens to individual NFTs within the Truth Arts ecosystem, with a quota reserved for current NFT holders. The GOB tokens will not be fully owned at once but will vest gradually over 24 months, with holders able to claim weekly (the vesting period for company and team members is 30 months, with a 6-month lock-up period).
In addition, to address the 'sniper' issue, GOB was launched through the community without prior announcement, resulting in a low proportion of tokens available on the first day. The project will also implement a 2.5% token tax to manage liquidity, with the tax funds used to replenish the liquidity pool, creating a deflationary effect. The project's founder believes that while the various elements of the GOB token design are not innovative, their combination will help maintain the token.

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