Question 1

What is NMT?

Accepted Answer

NMT is the NetMind Token and the native utility token of NetMind Chain. It is used on the NetMind Power platform to pay for certain computing services and as an incentive for contributing idle GPU resources to the network; therefore, its uses connect both service demand and computing-power supply, rather than representing platform equity or fixed returns.

Question 2

Which platform services can NMT pay for?

Accepted Answer

The platform page lists NMT as usable for model training and fine-tuning, serverless inference and model APIs, creating AI agent agents, and renting GPU clusters. Users pay NMT for their selected services; specific fees, available models, and task conditions depend on the platform's product rules at that time, rather than services being obtained automatically merely by holding NMT.

Question 3

How can I earn NMT by providing GPU computing power?

Accepted Answer

After providers connect idle GPUs to the NetMind Power network, they may earn NMT for contributing computing resources. The official information states that connecting a machine to the network is a prerequisite for beginning to earn rewards, and more additional rewards can be earned when GPUs are actually used; in other words, connecting equipment, remaining available, and task usage are different stages, and rewards should not be understood as being generated at a fixed rate merely by holding tokens or merely registering equipment.

Question 4

What is the difference between NMT's total supply and circulating supply?

Accepted Answer

NMT has a total supply of 147,571,163 tokens. The white paper states that all tokens are locked in smart contracts and gradually unlocked according to an allocation schedule; total supply is the quantity-cap measure for the entire tokenomics model and is not the same as the amount already circulating and tradable at a given time.

Question 5

What did the 2024 NMT tokenomics update change?

Accepted Answer

On April 16, 2024, the project updated its tokenomics model. The prior one-year model had already put 34,571,163 NMT into circulation; under the new framework, a further 113,000,000 tokens were scheduled for issuance beginning on that date over ten years. This update changed the issuance pace and allocation schedule for the remaining tokens, rather than recalculating the amount already in circulation as future issuance.

Question 6

How are NMT computing-power rewards issued in installments?

Accepted Answer

The 113,000,000 additional tokens are not released all at once, but in installments over ten years. Computing-power provider rewards total 62,500,000 tokens: 20,000,000 tokens are allocated in the first two years, followed by 15,000,000, 10,000,000, 7,500,000, and 5,000,000 tokens in each subsequent two-year period. The installment schedule means that different quantities enter the respective allocation channels at different stages.

Question 7

How are NMT staking and liquidity rewards arranged?

Accepted Answer

Of the additional issuance, 16,500,000 tokens are allocated as staking rewards for users participating in staking and providing liquidity. The white paper schedules 4,000,000 tokens for the first two years, followed by 3,500,000, 3,000,000, 3,000,000, and 3,000,000 tokens in each subsequent two-year period; whether a user can participate, how rewards are calculated, and how they are claimed still depend on the specific conditions of the applicable mechanism.

Question 8

What other areas receive allocations of newly issued NMT?

Accepted Answer

In addition to computing-power rewards and staking/liquidity rewards, the new issuance includes 16,500,000 tokens for an ecosystem growth fund, 7,500,000 tokens allocated to strategic investors and advisors, and 10,000,000 tokens for a team fund. These correspond to different purposes and release schedules; conflating these categories with rewards for GPU providers would misunderstand the paths by which additional tokens may enter the market or ecosystem.

Question 9

When will NMT for early GPU contributors be released?

Accepted Answer

The early GPU contributor portion of the additional issuance was revised to 5,000,000 tokens and begins vesting over four years from April 16, 2026. Here, “vesting” means the tokens meet release conditions over time; it does not mean that this portion was all freely available when the 2024 update occurred.

Question 10

How is a “year” calculated in NMT's issuance plan?

Accepted Answer

The white paper specifies that a year in the reward rules is calculated as 365 days, without adjustment for leap years. This timing convention is used to understand the phased periods in the ten-year issuance plan; it indicates that each stage is timed according to the rules, but does not replace the platform's actual determination of eligibility or reward settlement for a particular account.

Question 11

What is the relationship between NMT service payments and GPU rewards?

Accepted Answer

NMT service payments and GPU rewards form an internal platform cycle: service users pay tokens to use training, inference, or computing resources, while resource providers may receive rewards for contributing GPUs to the network. The two are related, but service demand, task scheduling, equipment availability, and specific reward rules all affect actual payments and rewards, so the quantity of one cannot be derived from the other alone.

Question 12

What conditions should be distinguished before using NMT or participating in the network?

Accepted Answer

Before using NMT or participating in the network, distinguish between paying for services, contributing GPUs, staking, and providing liquidity: the eligibility requirements, technical requirements, lockups, and market risks involved in these activities are not the same. In particular, GPU contribution requires equipment connection and actual operation; staking or liquidity rewards are another allocation channel listed in the white paper, and no arrangement should be understood as unconditional returns.

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