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Notcoin Introduces Pre-Market Vouchers for Hardcore Players
Notcoin, the popular tap-to-earn game on Telegram, has unveiled a new feature on Thursday that allows high-level players to trade their future NOT tokens before the official airdrop. These pre-market vouchers are in the form of NFTs that are built on The Open Network (TON). Interested players must have mined a minimum of 10 million Notcoin to be eligible for the NFT voucher, with larger vouchers available for those who have amassed 100 million coins or more. This exclusive opportunity is reserved for dedicated players who have accumulated substantial in-game wealth.
The Functionality of the Vouchers
These vouchers enable players to engage in trading NOT tokens before the official token launch. Once the tokens are live, the vouchers can be converted into NOT tokens. Players who prefer not to participate in pre-market trading can simply exchange their Notcoin balance for NOT tokens when the token is officially launched.
Notcoin is a game where users earn in-game coins by tapping on a coin image within the Telegram interface. The game’s developers have confirmed an upcoming airdrop for the user base of 26 million players, scheduled for late March or early April.
Trading and Speculation
While the conversion rate of in-game currency to NOT tokens post-launch remains unknown, the introduction of the NFT voucher system allows players to speculate on the future value of the token. The top voucher sale on the Getgems NFT marketplace on The Open Network saw 100 million Notcoin being exchanged for $2,760 worth of Toncoin (100 TON). A 20% royalty fee on these vouchers will contribute to funding liquidity for NOT token listings once it becomes available on-chain.
Developments and Details
The Notcoin team hosted a Twitter Space session to explain the voucher system and discuss an upcoming token burn. They highlighted the burning of in-game tokens for inactive users and outlined the gradual removal of token balances for users with prolonged inactivity. Over 5 billion in-game coins have already been eliminated, with a daily burn rate of 5% for inactive users until they resume playing.
Furthermore, the team disclosed that the highest possible allocation of NOT tokens for users is set at 0.03% of the total token supply. Users who have successfully invited new players to join Notcoin stand a better chance of receiving a larger token allocation. The game will be managed by a DAO with 158,000 members, though specific responsibilities and voting proposals are yet to be revealed.
Notable developments within the game include a “meta game” involving a morse code sound clip that intrigued users. By inputting the code into the Notcoin app, users were prompted with a choice between a red or blue pill, leading them to explore the NOT DAO manifesto.
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