According to ChainCatcher, NetMind.AI announced on social media that it has completed the upgrade of token economics. As of April 17, 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 reorganized into ecosystem growth and strategic investors and advisors. This change is intended 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, and approximately 9.85 billion tokens have been successfully destroyed, reducing the supply by 98.5%.