Notcoin, also called NOT, is a gaming token which is causing quite a stir in the cryptocurrency community after launching with a fully diluted value of $1 billion. Find out more below:
Notcoin & Ton Blockchain
The launch of TON was delayed by the organisation for a later date (originally April 20 to align with the Bitcoin halving). To make sure everything tech is in place and that the user experience will be smooth enough following the bitcoin halving, Notcoin – the issuance company of these tokens – decided to postpone this decision on TON.
Airdrop and Exchanges:
Notcoin was initially distributed through an airdrop, allowing early adopters to accumulate tokens. Users engaged with the game on Telegram, by clicking on virtual coins and completing challenges. The game’s popularity led to its listing on several exchanges, making Notcoin available to a broader audience.
Trading Volume:
Within just one hour of trading, Notcoin achieved an impressive 4 million in trading volume. This rapid adoption by notcoin underscores the enthusiasm of over 35 million users who interacted with the game.
Conversion Ratio:
In-game balances were converted at a favourable rate of 1000:1. This means that for every 1000 virtual coins collected, players received 1 Notcoin.
Supply and Allocations:
Notcoin’s maximum supply is 102 billion tokens. Approximately 3% of the supply was allocated to Binance Launchpool users, while an additional 1.5% was reserved for OKX Jumpstart users.
Staking Mechanism:
To incentivize token holders, Notcoin introduced staking. By staking their tokens, users can “earn extra rewards” and access more lucrative staking pools based on their game level.
Founder’s Pride:
Sasha Plotvinov, the founder of Notcoin developers Open Builders, expressed high pride in the token’s popular growth. Notcoin has introduced millions of users to crypto and TON’s ecosystem.
Conclusion-
In summary, Notcoin’s billion-dollar FDV and widespread adoption demonstrate the power of gamified experiences in driving crypto awareness. As users continue to engage with the game, Notcoin’s impact on the blockchain world is likely to grow even further!
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Disclaimer: This post is intended solely for informational purposes and should not be taken as legal, tax, investment, financial, or any other form of advice. Although all the information provided is true to the best of our knowledge, it is advisable to research well before making any kind of investments or decisions in general. The team of ReadingCrypto bears no responsibility in the event of any adverse outcomes.
