NFTfi announces token economics: total supply of 2 billion tokens, planned to open the claiming portal at the end of April

ChainCatcher news, the peer-to-peer NFT lending protocol NFTfi Foundation has announced the tokenomics of its governance token NFTFI, with a total supply of 2 billion (ERC-20), an initial circulating supply expected to be 220 million, and the NFTFI claim portal expected to open later in April. The details are as follows:

1. Community and rewards (25% -- 500,000,000 NFTFI);
2. Foundation and ecosystem (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).

In addition, the NFTfi Foundation also stated that it will soon announce and establish the NFTfi Council as the first step towards a decentralized governance system.