Notcoin ($NOT), a community token that gained popularity through a viral Telegram game, is finally launching on major cryptocurrency exchanges. After a period of delays, users can now look forward to acquiring $NOT through OKX Jumpstart, Binance Launchpool, and Bybit’s Spot Trading platform.
Notcoin rose to fame earlier this year with its Telegram-based game that rewarded players with trillions of in-game tokens. The addictive gameplay attracted a staggering 35 million users who mined $NOT in anticipation of the upcoming airdrop. The project garnered significant community interest, and the promise of an airdrop fueled excitement.
Launch Details and Exchange Support
Launch Details
- Date: May 16, 2024
- Initial Exchanges: OKX (Jumpstart Mining), Binance (Launchpool), Bybit (Spot Trading)
- Total Supply: 102,719,221,714 NOT
- Circulating Supply: 102,719,221,714 NOT (100%)
To celebrate the launch, Notcoin is collaborating with several cryptocurrency exchanges to offer users various opportunities to acquire NOT tokens. Here’s a breakdown of the launch activities on each platform:
OKX Jumpstart Mining Event (May13-16): OKX will be giving away 1.28 billion NOT tokens (1.25% of the total supply) to users who stake their TON coins. Users can stake and unstake at any time during the event, with rewards calculated in real-time and withdrawable anytime.
Binance Launchpool (May13-15): Binance will be the first platform to officially list $NOT. Users can farm NOT tokens by staking either BNB or the FDUSD stablecoin for three days, starting May 13. A total of 3 billion NOT tokens (3% of the total supply) will be distributed as rewards, with 85% allocated to the BNB pool and 15% to the FDUSD pool.
Bybit Spot Trading (May16): Bybit has also listed $NOT on its Spot trading platform, allowing users to buy, sell, and trade the token. Deposits and withdrawals will be facilitated through the TON network.
Important Notes for Users
- Claim Process for In-Game NOT: While the exact date for claiming in-game $NOT tokens earned through the Telegram game remains unclear, Notcoin co-creator Sasha Plotvinov assures users that the option to transfer these tokens to a centralized exchange or a self-custody wallet will be available.
- Potential Price Fluctuations: An important disclosure from Binance highlights the possibility of price drops after the initial airdrop, as more tokens will be continuously distributed. Additionally, delays in claiming airdropped tokens might lead to further price volatility.
Community Response
The Notcoin launch has generated considerable excitement within the crypto community. The listing of NOT on major exchanges has the potential to impact the price of Toncoin (TON), the blockchain that Notcoin is built on. In the days leading up to the launch, TON saw an 11% price increase, likely due to the disclosure by Pantera Capital about their “largest investment ever” in TON. This positive sentiment suggests that $NOT has the potential to perform well in the market, especially with its backing from major exchanges.
Looking Ahead
While the initial mining phase of the Telegram game has concluded, Notcoin’s developers have plans to extend its reach. The project aims to become the “Netflix of social, viral games” by introducing new social games and experiences that utilize the NOT token as stated by Plotvinov. This could potentially lead to a wider user base and more utility for the token.
Notcoin’s launch marks a significant milestone for the project. With major exchange listings, a passionate community, and plans for future development, Notcoin is poised to make its mark in the ever-evolving Web3 landscape. However, users should be mindful of the potential price volatility and conduct their own research before investing.
