NetMind.AI Presents New Tokenomics Model, Prioritizes Sustainability and Stakeholder Rewards

Bittime - NetMind.AI, a leading player in the AI ​​space, has announced a significant overhaul of their tokenomics model. This update prioritizes long-term sustainability and rewards stakeholders who contribute to the NetMind ecosystem.

Streamlining Supply and Eliminating Excess Tokens

The most impactful change involved a massive reduction in the circulating supply of NMT . Through strategic burning, approximately 9.85 billion tokens were removed from circulation, resulting in a current supply of approximately 34.57 million NMT. 

This represents a 98.5% drop, effectively eliminating the tokens originally allocated to the Zearly airdrop program.

Check Today's Crypto Market:

Establish a Clear Roadmap with New Maximum Supply

Source: @NetmindAi/

To ensure responsible token distribution in the future, NetMind has set a new maximum supply of 1.47571 billion NMT tokens. This covers the current circulating supply, with an additional 113 million tokens to be issued in stages over the next ten years.

Reorganization of Community Funds for Targeted Support

Previously categorized as a single entity, the project's community fund has been restructured into two distinct categories:

• Ecological Growth Fund: This special fund aims to drive the long-term growth and sustainability of the NetMind ecosystem.
• Strategic Investor & Advisory Fund: This fund works to foster partnerships and collaboration with key strategic players in the industry.

Also Read How to Buy Crypto:

Aligning Token Distribution 

NetMind's revised token distribution strategy focuses on providing incentives to those who contribute directly to network operations.

• Computing Power Providers: Mining rewards will be directed primarily towards these providers who contribute vital computing power to network functionality.
• Early GPU Contributors: Acknowledging their initial support, a portion of the mining rewards will also be allocated to those who provided GPU resources during NetMind's early stages.
• Team and Community Funds: The reorganized team funds and community funds will be used strategically to support the overall growth of the NetMind ecosystem and encourage collaboration with strategic partners.

Maintaining Market Stability and Adaptive Reward System

NetMind recognizes the importance of market stability and has the flexibility to adjust actual token issuance to maintain a healthy market environment. 

In addition, the mining reward system will follow the halving model, namely halving every four years. Meanwhile, staking rewards will be distributed based on user participation in the NetMind ecosystem.

Check Crypto Prices Today:

Commitment to Growth 

NetMind's updated tokenomics model reflects a commitment to responsible growth and long-term sustainability. 

By streamlining token supply, implementing a strategic reward system, and focusing on ecosystem contributors, NetMind aims to encourage participation and build a thriving NetMind ecosystem.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime .  Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.  

To be able to buy crypto assets on  Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.

Learn  Complete Guide How to Buy Crypto on Bittime . 

Monitor price chart movements of Bitcoin (BTC) ,  Ethereum (ETH) ,  Solana (SOL)  and other cryptos to find out today's crypto market trends in real-time on Bittime. 

Also read:

Soon we will enter the Excess Phase, what are the factors behind it?

Ahead of Bitcoin Halving: Realization of Price Increase or Just Speculation?

Surefire Tips for 10x Profits When the Crypto Market Experiences a Correction Due to the Impact of the Middle East Conflict

DISCLAIMER:  This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.