Hemi Network Confirms 10 Billion HEMI Token Supply Ahead of Anticipated Token Generation Event

Hemi Network, a modular blockchain project, has confirmed an initial total supply of 10 billion HEMI tokens, designed to secure its network, reward participation, and sustain long-term growth. The announcement, made via the official Hemi social media account, indicates that the Token Generation Event (TGE) is approaching, a significant milestone for the project. This fixed supply aims to ensure predictability and scarcity for the native token of Hemi's ecosystem.

The 10 billion HEMI tokens are strategically allocated across various stakeholders to foster a robust and decentralized environment. A substantial 32% of the total supply is designated for the community and ecosystem, intended to fund initiatives that benefit the broader network, such as developer incentives and governance participation. Investors and strategic partners are allocated 28% to provide necessary capital and industry alliances for development and expansion.

Furthermore, 25% of the tokens are earmarked for the team and core contributors, serving as an incentive for ongoing innovation and aligning their interests with the platform's long-term success. The remaining 15% is allocated to the Hemispheres Foundation, which will oversee governance, support ecosystem development, and safeguard the project's foundational mission. This structured tokenomics model aims to attract developers, users, and partners, enhancing the network effect.

Hemi Network operates as a modular Layer-2 protocol, enhancing scalability, security, and interoperability by integrating features from both Bitcoin and Ethereum into a unified "supernetwork." The HEMI token will serve multiple utilities, including transaction fees, staking, and governance within the network. The project's mainnet officially launched on March 12, 2025, marking its transition to a fully operational platform.

As the TGE nears, Hemi plans to introduce governance tools, although currently inactive, to enable user participation in protocol decisions. Future developments include the launch of hBitVM to facilitate Bitcoin settlement on Ethereum through ZK proofs, and sequencer decentralization, allowing HEMI token holders to stake and earn revenue. Airdrop initiatives, such as the Hemi Booster Event by Binance Wallet, are also underway to incentivize user engagement and adoption of the network.