strong buy
Meer Token Distribution and Reward Model Analysis
The initial distribution of Meer tokens includes a 24% share from the genesis output, with the founding team holding around 4% (approximately 8.41 million Meer), and the Medina testnet phase accounting for about 20% (42.05 million Meer). The remaining 76% comes from the Proof of Work (PoW) output. Notably, the Qitmeer network employs a "smooth decay" method for block reward reduction, diverging from the traditional halving approach used by other cryptocurrencies like Bitcoin. Further details can be explored through the provided links.
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AI Analysis
The distribution of Meer tokens reveals a substantial initial allocation through the genesis output, which accounts for 24% of the total supply. This allocation includes a specific share for the found...
AI Recommendation
Given the initial distribution and reward decay model, investors should closely monitor the ongoing token release schedule and the mining ecosystem's health. The "smooth decay" approach may offer more...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.