Mind Network opens airdrop application and announces token economy model, accounting for 7.5% of the total supply of TGE space-time investment

According to Foresight News, Mind Network, a fully homomorphic encryption (FHE) re staking layer, is open for airdrop applications with a validity period of 30 days. The token FHE economic model has been released, with a total supply of 1000000000 tokens and an initial circulation of 24.9%. The total airdrop quota is 75000000 FHE (7.5% of the total supply). In addition, Mind Network also offers FHE staking functionality. In token distribution: The total airdrop distribution is 11.7%, of which 7.5% is unlocked in TGE, 1% is distributed in Binance Wallet activities, and the remaining portion will be released in future airdrops; Community allocation of 30%, distributed over 60 months; 5% allocation for public sales, fully unlocked on TGE; Investors allocate 20%, unlock within 48 months, lock up for 12 months; Team allocation is 17%, with 48 months of unlocking and 12 months of lock up; Consultant allocation of 1.3%; Liquidity providers allocate 5%; 10% of the fiscal allocation, which is 1.5% of the total supply, will be released on TGE, and the remaining portion will be linearly released within 48 months starting from 12 months for ecosystem subsidies and strategic planning.