NetMind.AI: The tokenomics upgrade has been completed, with a total of 98.5% of tokens burned

ChainCatcher news, NetMind.AI announced on social media that it has completed the upgrade of its tokenomics. As of April 17, 2024, the circulating supply is 34,571,163 NMT. Starting today, a total of 113,000,000 NMT will be issued over the next 10 years. The categories for mining, staking, and team funds remain unchanged, while the community fund will be restructured for ecosystem growth and strategic investors and advisors. This change aims to enhance the long-term viability and functionality of the NetMind ecosystem.

The total maximum supply of NMT is now set at 147,571,163 tokens, with approximately 9.85 billion tokens successfully burned, reducing the supply by 98.5%.