NFTfi Foundation Announces Details of NFTFI Token Economics, 2 Billion Total Supply
The NFTfi Foundation of the NFT lending protocol NFTfi announces the launch of the governance token NFTFI and publishes token economics, NFTFI is the original ERC-20 token and is planned to be the mechanism for voting on the NFTFI governance proposal, the supply of tokens is 2 billion, with a projected initial circulation of 220 million tokens, tokens have been created on March 19th, 2024 on April The NFTFI claiming portal opens later in the year (exact date to be determined), and the token distribution details are as follows: 1. Communities and Rewards (25% - 500,000,000 NFTFI); 2. Foundations and Ecosystems (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).
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