NetMind TokenPrice(NMT)
Details NetMind Token (NMT) Price information (USD)
The current real-time price of NMT is $0.0847. In the past 24 hours, NMT has traded between $0.0843 and $0.0862, showing strong market activity. The all-time high of NMT is $16.09, and the all-time low is $0.0808.
From a short-term perspective, the price change of NMT over the past 1 hour is
NetMind Token (NMT) Market Information
NetMind Token (NMT) Today's Price
The live price of NMT today is $0.0847, with a current market cap of $4.972M. The 24-hour trading volume is 197K. The price of NMT to USD is updated in real time.
NetMind Token (NMT) Price History (USD)
What is NETMIND TOKEN (NMT)?
When is the right time to buy NMT? Should I buy or sell NMT now?
Before deciding whether to buy or sell NMT, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s NMT technical analysis can provide you with trading references.
Future price trend of NMT
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for NMT.
How much will NMT be worth tomorrow, next week, or next month in ? What about your NMT assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! NMT Price Prediction
How to buy NETMIND TOKEN (NMT)
Convert NMT to local currency
NMT Resources
To learn more about NMT, consider exploring other resources such as the whitepaper, official website, and other published information:
Blockchain explorer
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
binance-smart-chain | 0xc8d3...4b90d5  | 2.461M | 14.22% |
binance-smart-chain | 0x118e...be1a2b | 1.993M | 11.52% |
ethereum | 0x9b08...502a69 | 1.374M | 7.94% |
binance-smart-chain | 0x4982...6e89cb | 668.904K | 3.87% |
binance-smart-chain | 0xddd0...478b18 | 654.757K | 3.78% |
Other | 10.152M | 58.67% |
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NETMIND TOKEN (NMT) FAQ
What is the NetMind Token (NMT) and what are its primary functions within the ecosystem?
NMT is the native utility token of the NetMind Chain, a Layer 1 blockchain purpose-built for decentralized AI computing. It acts as the primary medium of exchange within the NetMind Power platform. Developers use NMT to pay for high-performance computing power needed to train and deploy AI models. Users who contribute their idle GPU resources to the network are rewarded in NMT. Additionally, holders can stake their tokens to secure the network and participate in governance, while all transaction gas fees on the chain are paid in NMT.
Why was there a significant change to the NMT total supply in April 2024?
On April 16, 2024, NetMind implemented a major tokenomics overhaul to improve long-term sustainability. The project burned approximately 98.5% of its original 10-billion token supply, resulting in a new fixed maximum supply of 147,571,163 NMT. This strategic shift moved the ecosystem from a 100-year distribution schedule to a more accelerated 10-year model. This change was designed to better incentivize current miners and stakers, ensuring a more balanced and Web3-friendly economic structure for the network's participants.
What are the different ways for users to acquire or earn NetMind Tokens?
Users can earn or acquire NMT through three main methods. First, through mining or 'Volunteer Computing,' where users connect idle GPU hardware to the NetMind Power platform and earn rewards based on hardware performance and network demand. Second, by staking NMT with one of the 21 Master Nodes to receive a share of network staking rewards. Third, NMT can be acquired through reputable cryptocurrency exchanges, such as LBank, which provide liquidity and trading pairs for the token across various blockchain networks.
How does the 'Stake-to-Participate' model function and why was it introduced?
The 'Stake-to-Participate' model is a deflationary mechanism that aligns the interests of resource providers with the network's growth. Under this system, GPU providers must stake a required amount of NMT to claim 100% of their earned mining rewards. If a miner chooses not to stake the required amount, a portion of their rewards is automatically burned. This mechanism effectively reduces the circulating supply of NMT and ensures that those contributing hardware are also committed to the long-term success of the ecosystem.
What is the underlying technology of the NetMind Chain and its benefits?
NetMind Chain is an independent Layer 1 blockchain, rather than a simple application built on another network. It utilizes Ethereum-compatible technology, which allows for seamless integration with existing tools while maintaining its own infrastructure. The chain employs a Proof of Authority (PoA) consensus mechanism. This architecture is specifically chosen to provide the high transaction speeds and low gas fees necessary to support the intensive and frequent data exchanges required for decentralized artificial intelligence operations.
What flagship AI applications are currently being developed on the NetMind infrastructure?
Several key applications demonstrate the power of the NetMind network. NetMind Chat is a decentralized AI chatbot powered by the network's distributed GPU resources. NetMind Avagi allows users to create and customize digital personas or AI agents. Furthermore, NetMind Life focuses on utilizing AI to advance health and longevity research. These projects showcase how the decentralized computing power of the NetMind Chain can be applied to diverse fields ranging from everyday communication to complex scientific research.
