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RIN will be distributed to Hashflops NFT holders a total of 11 times, from the annular eclipse on October 2, 2024 (UTC), to the hybrid eclipse on November 14, 2031 (UTC).
What is RIN?
RIN is a new expression in Web3 through art, gaming, and entertainment. The possibilities for blockchain’s impact on culture are so vast that they cannot all be predicted yet. RIN is a token designed to support Hashflops NFT holders. It is controlled and built by ICEI (Ice Computer Enterprise Inc.) and serves as a decentralized protocol layer for initiatives that drive culture forward into the metaverse.
RIN ALLOCATION
The total supply of RIN is permanently fixed at 21,000,000 tokens, which is the same as Bitcoin, including the decimal specification. All tokens will be distributed exclusively to Hashflops holders and will not be allocated to ICEI. The distribution will occur at specified times in Coordinated Universal Time (UTC). No minting capability is exposed through the contract interface, thus the total supply will never increase. Similarly, the contract interface does not expose any token burning capability, so the total supply will never decrease.
Distribution schedule for Hashflops NFT holders
The snapshot for NFT holders is taken at UTC 00:00.