NetMind.AI completed the upgrade of token economics and destroyed 98.5% of the total NMT.

On April 17, the NetMind.AI announced on the X platform that it has completed the upgrade of token economics. 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 NMT will be issued in the next 10 years. The mining, staking and team fund categories remain unchanged, and the community fund will be restructured into ecological growth and strategic investors and advisors.
Including the current issuance, the maximum total supply of NMTs is 147,571,163. The team has destroyed approximately 9.85 billion NMTs, a decrease of 98.5% in supply. The team has destroyed 869,817 NMTs from circulation, which were originally allocated to the Zearly Airdrop Reward Program.