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Registrants of premium domain names for any of the new gTLDs wholly-owned by MMX (formerly Minds + Machines), and whose domains were first registered on or after 6 January 2017, will now pay the standard domain renewal prices the company announced. MMX is the second new gTLD registry to announce such a move that will appeal to, among others, domain investors.
http://www.domainpulse.com/2017/01/24/mmx-abolishes-premium-renewal-prices-for-new-premium-domains/
Worthless even at regular renewals.
FYI, Minds and Machines doesn't use a new gTLD for the corporate site, they use MMX.co.
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