NetMind.AI completes token economics upgrade, destroys 98.5% of total NMT

NetMind.AI announced on the X platform that it has completed the token economics upgrade, with the following major updates: As of April 16, 2024, the circulating supply is 34,571,163 NMT. ​​Starting today, 113,000,000 NMT will be issued over the next 10 years. Mining, staking, and team fund categories remain unchanged, and the community fund will be reorganized into ecological growth and strategic investors and advisors. Including the current issuance, the maximum total supply of NMT is 147,571,163. The team has destroyed approximately 9.85 billion NMT, reducing the supply by 98.5%. The team has destroyed 869,817 NMT from circulation, which were originally allocated to the Zearly airdrop reward program.