NMD is a BNB Chain token for NexusMind, a decentralized social platform on Nostr with privacy and governance features. More
| Fully Diluted Valuation | $981.74M |
|---|---|
| 24H Trading Volume | $356 |
| 24H Low / High | $9.42 / $ 10.36 |
| Circulating Supply | 10.26 M |
| Total Supply | 100.00 M |
| Max Supply | 100.00 M |
| Categories | BNB Chain Ecosystem 1 more |
|---|---|
| Founder | Anonymous |
| Website | nexusmind.io Whitepaper |
| Socials | 1 more |
| Chains | Binance-smart-chain Ecosystem |
| Explorer | Bscscan 3 more |
| Contracts | 0xa67....3a68f |
| Name | Pair | OG Score |
|---|
NexusMind ($NMD) is the native BEP-20 governance token of the NexusMind platform, a decentralized social media network built on the Nostr protocol, operating primarily on the BNB Chain for its fast transactions and low fees. Launched to redefine social networking, NexusMind emphasizes user control, privacy, and transparency, distinguishing itself from centralized platforms by leveraging Nostr’s open, censorship-resistant architecture.
With a total supply of 100 million tokens, $NMD serves multiple roles within the ecosystem: it facilitates on-chain transactions for services like premium features or content monetization, supports staking for network security and user rewards, and enables governance through a decentralized autonomous organization (DAO), where holders vote on platform upgrades, privacy settings, and community initiatives.
The platform offers customizable profiles, real-time messaging, and advanced privacy controls, allowing users to manage data visibility without reliance on a central authority. NexusMind’s tokenomics allocate 40% to a community treasury, released over 40 months, 20% for operations and ecological construction, and 10% for early contributors, with linear vesting to ensure long-term alignment.
The ecosystem encourages user participation through a dual-token model, with $NMD as the governance token and a secondary utility token, UNMD, for broader platform interactions like tipping or marketplace purchases. Security is bolstered by Proof-of-Stake (PoS) consensus and open protocols, making the network auditable and resistant to breaches.
NexusMind’s vision extends to applications beyond social media, including decentralized finance (DeFi), peer-to-peer payments, and NFT creation, fostering a versatile digital environment. While the anonymous team advises caution, the project’s community-driven approach and integration with BNB Chain’s infrastructure position $NMD as a promising asset for those prioritizing privacy and decentralization in Web3.
$NMD powers NexusMind’s decentralized social platform on Nostr, offering user-controlled data, customizable privacy, and a dual-token economy with $NMD for governance and UNMD for utility, uniquely blending secure networking with DeFi and NFT potential.
The founders of NexusMind are anonymous, developed under the NexusMind team with no specific individuals publicly named.
The backers of NexusMind are not explicitly disclosed, relying on community-driven support within the BNB Chain ecosystem, with no named institutional investors.
