Notcoin Token Launch: What You Need to Know

0 0
Read Time:3 Minute

The Notcoin Token Launch: A Comprehensive Overview

The highly anticipated Notcoin token is on the brink of release, following a series of delays earlier in April. Scheduled to debut on The Open Network (TON) imminently, the NOT token is primed for listing on prominent exchanges like Binance and OKX on May 16. This event is poised to mark a significant milestone in the realm of gaming tokens for 2024 and potentially rank among the most substantial crypto launches of the year.

If one has not been diligently tracking the latest developments, there are imperative aspects to be aware of, whether intending to acquire NOT tokens, participate in staking campaigns, or explore various investment opportunities. Here is a comprehensive guide to a final primer before the grand release of Notcoin:

1) Staking Campaigns

Notcoin collaborated with renowned cryptocurrency exchanges Binance and OKX to distribute billions of NOT tokens among their respective clientele, broadening the spectrum of NOT holders and traders. With over 4 billion NOT tokens allocated through these campaigns, users staked roughly $14 billion on Binance alone to seize a share of the rewards. The window for securing rewards through Binance is rapidly closing, while the timeframe for OKX remains slightly more extended. Therefore, prompt action is crucial for interested participants.

2) Listings on Major Exchanges

Per official announcements from Notcoin on Wednesday, major exchanges are slated to list the token at 12:00 UTC on Thursday, equivalent to 9:00 am Eastern Time. Binance, OKX, Bybit, KuCoin, and Bitfinex are among the platforms poised to list the NOT token promptly. The overall supply of NOT amounts to just over 102.7 billion tokens, with approximately 80.2 billion tokens earmarked for distribution during the airdrop claim phase.

3) Claim Your Tokens

Players who engaged in mining in-game coins between January and the termination of the mining phase on April 1 are eligible to claim their on-chain NOT tokens. A total of 35 million players participated in the Telegram-based clicker game, with NOT tokens distributed at a rate of 1,000-to-1 concerning in-game coins mined. Players can opt to transfer the tokens to a centralized exchange account or stake them for future rewards. The claim process commenced on Tuesday, allowing withdrawals to self-custody wallets upon the token listing on Thursday.

4) Consider Staking

While the launch of the NOT token may conclude the initial journey for some players, Notcoin aims to retain millions of users within the ecosystem. By opting to stake their tokens within the game for a 30-day period, players gain access to additional rewards and exclusive staking pools based on their player status. Although staking involves an element of risk, potentially restricting token withdrawal or sale, the approach can yield long-term benefits for individuals not immediately seeking to liquidate their holdings.

5) Future Prospects

Looking ahead, Notcoin intends to reintroduce its coin-tapping game, ushering in a novel rewards system. Beyond this, the project harbors ambitious aspirations, with plans to transform into a platform facilitating third-party developers to deploy engaging, token-driven games for a wide audience. Through this initiative, content creators and companies can integrate NOT tokens into games, incentivizing player engagement and fostering an expansive ecosystem for social, viral games.

Image/Photo credit: source url

About Post Author

Chris Jones

Hey there! 👋 I'm Chris, 34 yo from Toronto (CA), I'm a journalist with a PhD in journalism and mass communication. For 5 years, I worked for some local publications as an envoy and reporter. Today, I work as 'content publisher' for InformOverload. 📰🌐 Passionate about global news, I cover a wide range of topics including technology, business, healthcare, sports, finance, and more. If you want to know more or interact with me, visit my social channels, or send me a message.
Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %