TechFlow News, the AI project NetMind.AI has released an updated tokenomics model. As of April 16, 2024, the circulating supply stands at 34,571,163 NMT. Starting today, 113 million NMT will be issued over the next 10 years. The community fund has been restructured into two categories: ecosystem growth, and strategic investors and advisors.
The total maximum supply of NMT is now set at 147,571,000, including the current circulating amount. Approximately 9.85 billion tokens have been burned (a 98.5% reduction in supply).
869,817 tokens have been burned from circulation, originally allocated to the Zearly airdrop rewards program.
Mining rewards will be distributed to computing power providers, with early GPU contributors also receiving a portion. The team fund and restructured community fund will support ecosystem growth and strategic partnerships.
Actual issuance may be lower than the maximum to maintain stability. Mining rewards will halve every four years, while staking rewards will be distributed based on participation levels.
