What is NOT token? Potential of Web3 Notcoin game

Notcoin (NOT token) employs a tap-to-earn mechanism, operating through Telegram and attracting tens of millions of participants.

Notcoin (NOT token) is the latest project to join Binance Launchpool. The exchange states that users can stake BNB and FDUSD to farm NOT for three days. The farming period runs from 2024-05-13 00:00 (UTC) to 2024-05-15 23:59 (UTC).

Binance will list NOT at 12:00 (UTC) on May 16th and open trading for pairs NOT/BTC, NOT/USDT, NOT/BNB, NOT/FDUSD, and NOT/TRY.

Pool information:

Token name: Notcoin (NOT)
Total token supply: 102,719,221,714 NOT
Launchpool reward: 3,081,576,651 NOT (3% of total supply)
Initial circulating supply: 102,719,221,714 NOT (100% of total supply)

See more: Notcoin (NOT token) – the 54th project on Binance Launchpool

What is Notcoin?

Notcoin is a community-driven Web3 game built on the TON blockchain. The platform leverages the popular tap-to-earn mechanism to build and promote a strong Web3 gaming community. NOT is the project's native token designed to exploit the potential of gaming and cryptocurrency marketing on Telegram.

Notcoin launched its beta version in November 2023 on Telegram, inspired by the internet meme phenomenon. The platform spreads strongly, bringing fun moments during the cryptocurrency minting process. In just a few weeks, the beta version had more than 650,000 players, generating billions of in-game tokens.

The project has a community of over 64 million members, actively engaged in recent times. This natural growth attracted the attention of the TON Foundation and created the right conditions for the development of the native NOT token.

See more: Instructions for hunting Notcoin airdrop

Tokenomics

Token name: Notcoin
Symbol: NOT
Total token supply: 102,719,221,714 NOT

Investors can convert 10 million Notcoins (equivalent to 1.03 TON ttokens) in the game into Vouchers in the form of NFTs to trade on the GetGems marketplace. NFTs can be redeemed for NOT tokens in the future.

See more: Predicting the price of NOT token

Features of Notcoin

Community-centered: The team focuses on users, thereby building a strong Web3 community. Anyone can play Notcoin completely for free with simple operations, without needing to set up a cryptocurrency wallet or register for exchanges to buy paid tokens in the game.
Tap-to-earn mechanism: Notcoin uses a tap-to-earn mechanism that is quite popular in the cryptocurrency world to encourage players to participate and create their own appeal while competing with other investors on the board ratings. This mechanism simulates the real mining experience of repeatedly clicking on the coin animation in the chat application. The platform plans to launch native tokens in the near future to realize the monetary value of coins minted by investors.
Integration on Telegram: The project deploys the game through the Telegram platform, creating a convenient environment and quick access for any smart design with an internet connection.
Conversion: The conversion of in-game Notcoins to NOT tokens is not at a 1:1 ratio. The project team will adjust the value and total supply of NOT tokens to suit market fluctuations at the time of official listing. This conversion will not affect previous pre-sale transactions.

Tap-to-earn mechanism of Notcoin

Mint by clicking: The main action of the game is to repeatedly tap the coin icon on the screen, each click corresponding to one “mint”. Participants can upgrade their accounts to increase the number of Notcoin mints per click.
Energy: To prevent abuse, the project implements an energy system that limits the number of clicks per session and recovers after a certain period of time. Investors can also purchase energy through minted Notcoins to expand available energy storage, speed up the energy recharge process, and provide the option to automatically earn Notcoins even when offline.
Rewards: The game organizes a number of other activities for users to earn Notcoins such as inviting friends or joining a group. Teams compete against each other on the leaderboard and receive corresponding rewards.
Tokenization: The platform plans to turn Notcoin into a real cryptocurrency (NOT token) on the TON blockchain in the future. This allows players to transfer or sell owned Notcoins and earn real profits.