The total supply of NMT is 10 billion tokens. All tokens are locked in a smart contract, which will gradually unlock the tokens according to the distribution plan outlined below.
* 40% of the total supply (4 billion NMT) is allocated as rewards for providers of computational power to the network, used for training and inference. This reward is known as the Volunteer Computing Network Connection Reward
* 30% of the total supply is reserved for rewarding users who participate in staking. Users can choose to stake against any Mind Node, with an incentive to stake against the top 21 (Master Nodes).
* 20% of the total supply (2 billion NMT) is reserved for the NetMind DAO community.
* 10% of the total supply (1 billion NMT) is reserved for the NetMind technical team.Tokens will be unlocked at a rate of 0.1% annually over 100 years.
## Who Are the Founders of NMT?
NetMind Power, a decentralized computing platform, is developed by NetMind.AI, an AI research and software company based in London, UK.
How to Buy NMT on an Exchange
Step 1: Choose a Reputable Exchange Platform
Select a trusted platform from among many available options for purchasing NMT. Some reputable platforms include HTX、Bybit、Bitget, and others.
Step 2: Register an Account
Here, we'll register an account on the Bybit(registration link) trading platform. You may need to provide personal information such as phone number and email to complete the registration process.
Step 3: Complete Identity Verification
For security purposes, some platforms may require you to complete identity verification. Follow the platform's instructions to provide necessary identity information (such as country/ID number) and undergo facial recognition. Once your identity is confirmed, you'll receive notification.
Step 4: Link Bank or Payment Method
Link your bank account or other payment methods to the exchange platform for making payments when purchasing NMT.
Step 5: Purchase NMT
Find the option to buy coins on the exchange platform, choose the C2C coin purchase process, and then input the quantity of NMT you wish to purchase. Typically, you'll choose to buy USDT first and select your preferred payment method. Simply place the order, make the payment to the seller, and you'll receive the cryptocurrency. Once payment is complete, you can use your exchange assets to buy NMT.
Step 6: Store Your NMT
After purchasing, you can choose to store your NMT in the digital wallet provided by the exchange platform or transfer it to a hardware wallet under your control.
Step 7: Security Reminder
To protect your exchange account and NMT assets, be sure to use a strong password and enable two-factor authentication.
NMT Price:NetMind Power is a platform designed for training, fine-tuning, and inference in machine learning and artificial intelligence. It caters to machine learning professionals, researchers, and software developers.The price fluctuates daily, you can go to the exchange: Bybitto check the price.
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