NetMind.Ai: Token economy will be redesigned to adjust emission plans and take steps to prevent massive sell-offs from happening again
On March 16th, NetMind.Ai officially stated on social media that yesterday's rapid decline was due to early miners selling off 442,000 NMT (approximately $2.85 million), and did not involve any hacking attacks or security vulnerabilities. Measures will be taken in the future to prevent large-scale one-time sales and redesign the token economy to significantly adjust the emission plan.
NetMind.Ai suggests locking early miner tokens in a smart contract on the NMT chain and setting a structured vesting period to ensure gradual release into the market. The emission schedule will be shortened from 100 years to 5-10 years to adjust the supply dynamics and incentivize sustainable growth. Complete details will be shared soon. In addition, a limit will be imposed on the number of tokens that any single entity can hold or mine within a certain time frame to prevent future token concentration sales that may threaten the project's sustainability.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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