Question 1

What is NanoByte Token (NBT)?

Accepted Answer

NanoByte Token (NBT) is a utility token issued by the NanoByte project, intended to connect its publicly presented wallet, fiat-related products, and in-project service use cases. It is not evidence of equity in the project company or of a fixed return; whether a user can actually use a particular function depends on whether that function supports NBT and on the applicable service rules.

Question 2

What can NBT be used for?

Accepted Answer

NBT's publicly described uses include payment for NBT-supported goods in the NanoByte Marketplace, NBT Web Staking, and partner services. These have different functions: payment delivers tokens to a merchant or service that accepts that method; staking locks or delegates tokens according to the relevant staking service's rules; and partner services require the specific partner to expressly support NBT. Therefore, being "usable" does not mean that every product, region, or partner service must accept NBT.

Question 3

Can NBT be used for consumer payments?

Accepted Answer

Yes, but only for products or orders in the NanoByte Marketplace that explicitly support NBT. When paying, the user settles that order with NBT; product availability, price, delivery coverage, and refund rules are determined by the relevant product or service page. NBT being listed as a marketplace use case does not mean it can be used directly at every merchant or in every offline setting.

Question 4

What does NBT staking mean?

Accepted Answer

NBT Web Staking is one of the NBT uses listed by the project: users place NBT into the relevant staking service to participate in the reward arrangement defined by that service. The key point is not merely holding tokens, but whether they have entered the staking state under the service's operational requirements; whether rewards accrue, their amount, the lock-up period, claiming method, and consequences of early exit are governed by the staking page or protocol rules in effect at that time. The public utilities page does not provide a uniform yield or eligibility parameter, so staking should not be treated as a fixed return.

Question 5

What is NBT's supply?

Accepted Answer

NanoByte states that NBT has a total supply of 10 billion tokens. This is a total-supply measure in the tokenomics, describing the planned supply cap or total issuance scale; it is not the same as the freely tradable circulating supply at a given time. Assessing the quantity actually tradable in the market would also require verifiable data on allocations, locks, releases, burns, and cross-chain versions, and the currently public materials do not allow a specific circulating supply to be derived.

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