NFTfi announces token economics: total supply of 2 billion tokens, planned to open the claiming portal at the end of April

2024-04-10 08:16:45
Collection

ChainCatcher news, the peer-to-peer NFT lending protocol NFTfi Foundation has announced the tokenomics of its governance token NFTFI, with a total supply of 2 billion (ERC-20), an initial circulating supply expected to be 220 million, and the NFTFI claim portal expected to open later in April. The details are as follows:

  1. Community and rewards (25% -- 500,000,000 NFTFI);
  2. Foundation and ecosystem (23.3% -- 465,952,487 NFTFI);
  3. Early strategic supporters and strategic supporters (15.2% + 20.4% -- 712,356,127 NFTFI);
  4. Core contributors (16.1% -- 321,691,386 NFTFI).

In addition, the NFTfi Foundation also stated that it will soon announce and establish the NFTfi Council as the first step towards a decentralized governance system.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators