NetMind.AI tokenomics upgrades were completed, and a total of 98.5% of the total NMT was destroyed

Odaily Planet Daily News NetMind.AI announced on the X platform that it has completed tokenomics upgrades, and the main updates are as follows: As of April 16, 2024, the circulating supply is 34,571,163 NMT. From now on, 113,000,000 NMTs will be issued over the next 10 years. The Mining, stake and team fund categories will remain unchanged, and the community fund will be restructured into eco-rise and strategic investors and advisors. Including the current issuance, the maximum total supply of NMT is 147,571,163. The team has burned approximately 9.85 billion NMTs, reducing the supply by 98.5%. The team has burned 869,817 NMT from circulation, which Token were initially allocated to the Zearly Airdrop rewards program.

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