Market cap
$91.51K
-0.14 %
Volume (24h)
$27.19
-0.14 %
Circulating supply
8,773,145 MINDS
Total supply
250,000,000 MINDS
Max. supply
250,000,000 MINDS
Minds (MINDS)
$ 0.01
-0.14 %
Main info
News
Comments
Markets
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Key data
updated $0Market cap$91.51K
Volume 24h$27.19
Circulating supply8.77M4% of max 250M
All-time high$4.07-100% from peak · 2021-12-13
Minds (MINDS) is the native token of Minds, a decentralized social network built on the Ethereum blockchain as an ERC-20 token. In simple terms, it's a reward currency: users earn MINDS for creating content, engaging with posts, and referring others, and they can spend it to boost their content's visibility or support creators directly. Think of it as an attempt to fix the attention economy — instead of a platform pocketing all the ad revenue, users get paid in tokens for their activity.
Frequently asked questions
What is Minds (MINDS) and how is it different from other social media?
Minds is a decentralized, open-source social network that positions itself as a privacy-focused alternative to mainstream platforms. The key difference is that users are rewarded in MINDS tokens for their contributions rather than just generating ad revenue for the company. Content moderation is also handled differently, with community-driven tools instead of opaque centralized policies.
How does the Minds token work technically?
MINDS is an ERC-20 token running on the Ethereum blockchain, which means transactions are transparent and verifiable by anyone. The token integrates with the Minds platform through smart contracts that handle rewards, boosts, and payments. Being on Ethereum also means it inherits the network's security model, specifically proof-of-stake consensus since the Merge.
How is the MINDS supply and emission structured?
MINDS has a fixed maximum supply, with tokens distributed through a combination of daily rewards to active users and purchases on the platform. Rewards are capped per user per day, which is designed to prevent farming and keep distribution somewhat even. A portion of tokens spent on the platform is effectively removed from circulation, creating a burn mechanism that offsets new emissions.
How can you store and use MINDS tokens?
Since MINDS is an ERC-20 token, it can be stored in any Ethereum-compatible wallet like MetaMask or a hardware wallet. On the platform itself, tokens are used to boost content reach, tip creators, unlock premium features, and subscribe to channels. If you want to move tokens off-platform, you can transfer them to an external wallet, though you'll need to cover standard Ethereum network fees for on-chain transactions.