Cointime

Download App
iOS & Android

Mint Blockchain releases details of MINT token economic model, 12% due to airdrop

The Ethereum Layer2 network Mint Blockchain today announced the details of the $MINT token economic model. The total amount of MINT is 1 billion, with Mint DAO organization allocated 50%, community airdrop 12%, early supporters and contributors 20%, and MintCore team 18%. Among them, Mint DAO organization will be mainly responsible for the global development of Mint developers ecosystem, brand building, and community development; MintCore team is responsible for developing core modules including Mint Studio, IP Layer, Mint Liquid, AI Agent, etc., and building a decentralized distribution mechanism for Mint network revenue to achieve long-term sharing of network future development revenue with community developers and users.

Regarding the use of MINT tokens, $MINT will play a key role in decentralized validator nodes of Mint network, community governance voting, pricing of new asset issuance, on-chain transactions, encrypted payments, etc., and is the core asset of the Mint Blockchain economy.

Comments

All Comments

Recommended for you

  • Trump: May Consider Striking Iran if Negotiations Fail

    On June 8, when asked what plans he would have if such an agreement fails to materialize, U.S. President Trump stated that he would consider launching a raid on Iran. He said, "This means two possible actions: first, we might deploy troops to address previously unaddressed targets through military means; or, we will maintain a blockade against Iran, as the power of the blockade may be more effective than any previous attacks on the country."
  • ETH Surpasses $1700

    Market data shows that ETH has surpassed $1700, currently priced at $1705, with a 24-hour increase of 9.54%. The market is experiencing significant volatility, so please ensure proper risk management.
  • BTC Breaks $63,500

    Market data shows that BTC has surpassed $63,500, currently priced at $63,530.94, with a 24-hour increase of 4.79%. Due to significant market fluctuations, please ensure proper risk management.
  • Iran Strikes Israel Again After Two Months; U.S. Oil Opens Up About 3%

    On June 8, during early trading in the Asia-Pacific region, WTI crude oil futures rose by 2.98%, reaching $93.235 per barrel. U.S. stock index futures fell across the board, with Dow Jones futures down 0.46%, S&P 500 futures down 0.50%, and Nasdaq 100 futures down 0.62%. In news, after a ceasefire between the U.S., Israel, and Iran on April 8, Iran has launched missiles at Israel again after two months. Trump stated, 'My advice to Iran is, you have launched missiles, that is enough. Now you should return to the negotiating table and reach an agreement.' Trump also mentioned that he plans to call Israeli Prime Minister Netanyahu to tell him 'not to retaliate.'
  • BTC Surpasses $64,000

    Market data shows that BTC has surpassed $64,000, currently priced at $64,000, with a 24-hour increase of 5.53%. The market is experiencing significant volatility, so please ensure proper risk management.
  • 97% Probability of Fed Keeping Rates Unchanged in June

    On June 8, according to CME's 'FedWatch': The probability of the Federal Reserve maintaining interest rates unchanged in June is 97%, while the probability of a cumulative rate cut of 25 basis points is 3%. The probability of the Fed keeping rates unchanged until July is 81.9%, with a cumulative rate hike of 25 basis points at 15.5%, and a cumulative rate cut of 25 basis points at 2.5%.
  • CITIC Securities: US Stocks May Experience a Volatility Period of at Least One to Two Months

    On June 7, CITIC Securities' research report stated that the continued better-than-expected non-farm payroll data in May further signals a stabilization and recovery in the US labor market, catalyzing market expectations for interest rate hikes and leading to significant adjustments in asset prices. The US dollar strengthened, US Treasury yields surged, US stocks fell sharply, and gold weakened. CITIC Securities believes that there are still significant internal disagreements within the Federal Reserve, and it may not raise interest rates within the year. However, the market in June may temporarily be affected by liquidity shocks, and US stocks may face a volatility period of at least one to two months.
  • Michael Saylor Releases New Information on Bitcoin Tracker

    On June 7, news emerged that Michael Saylor, founder of Bitcoin treasury company Strategy, has once again released information regarding the Bitcoin Tracker. Following previous patterns, Strategy typically discloses information about increasing Bitcoin holdings the day after relevant news is announced.
  • ZEC Surpasses $400

    Market data shows that ZEC has surpassed $400, currently priced at $405.93, with a 24-hour increase of 9.65%. The market is experiencing significant volatility, so please ensure proper risk management.
  • BTC Briefly Surpasses $62,000

    Market data shows that BTC briefly surpassed $62,000, currently priced at $61,780.01, with a 24-hour increase of 1.65%. The market is experiencing significant volatility, so please ensure proper risk management.