NetMind.Ai: Will redesign the token economy to significantly adjust the release plan

ChainCatcher news, NetMind.Ai officially stated on social media that yesterday's rapid decline was due to early miners liquidating 442,000 NMT (approximately $2.85 million), and there were no hacker attacks or security flaws involved. Measures will be taken in the future to prevent large-scale one-time sell-offs and to redesign the token economy to significantly adjust the emission schedule.

NetMind.Ai suggested locking early miner tokens in a smart contract on the NMT chain and setting a structured vesting period to ensure a gradual release into the market. The emission schedule will be drastically shortened from 100 years to 5-10 years to adjust supply dynamics and incentivize sustainable growth. Complete details will be shared soon. Additionally, a cap will be implemented on the number of tokens that any single entity can hold or mine within a certain timeframe to prevent potential concentrated sell-offs that could threaten the project's sustainability in the future.