Great Dane New is a community-led token inspired by Elon Musk's support. It features no ownership and implements a 5% tax on buy/sell transactions, distributed as 3% to the market and 2% to development. The project team has a previous successful project, Great Dane 100X. It aims to rebuild market confidence and enthusiasm with potential support from Musk on Twitter, and plans for global hot searches. No private sales were conducted.