What is Notcoin? Information about NOT Token

What is Notcoin?

Notcoin is a gaming token that allows users to earn profits for free through the Tap to Earn mechanism on the messaging app Telegram. By participating in Notcoin, users receive rewards in NOT – the project’s native token, deployed on the TON blockchain, which they can sell for future profits.

With Notcoin, users not only earn NOT by continuously tapping on the screen but can also utilize features like Boost or invite friends to earn more NOT. Since its launch in January 2024, Notcoin has attracted over 35 million users to join the game, with the highest daily active user count reaching over 6 million.

Additionally, Notcoin has introduced pre-market NFT trading, allowing users to own NOT memecoins and convert them into NFTs for collection or trading on exchanges. This provides users with opportunities to profit from NFT trading activities.

What Makes Notcoin Special?

Notcoin has gained significant attention in the cryptocurrency community due to its simplicity and accessibility in coin mining. This has led many to compare it to Pi Network, a similar project in the past. However, Notcoin’s standout feature is its effective utilization of the massive user base of cryptocurrency enthusiasts available on the Telegram platform.

Strong support from Telegram itself and its founder Pavel Durov has helped Notcoin create a powerful ripple effect. Positioned as a “Community Coin” on Telegram, with its large existing user base, the project has been easily accessible and has achieved impressive numbers.

Notably, Notcoin has attracted nearly 30 million users, with over 4 million daily active users. In February 2024, the project reached 20 million monthly active users, far surpassing previous well-known projects like StepN (700,000 users) and Axie Infinity (over 2 million users).

Moreover, Notcoin has caused many users to experience “FOMO” due to the potential for a large airdrop as the project announced plans for listing and allowing users to convert Notcoin into tokens in the coming months.

Related: Binance Announces Listing of Notcoin (NOT) on Launchpool

Team

Notcoin is developed by the Open Builders team, which is also the team behind the Ton Starter platform.

• Valeriy Bukharkov, CBDO (Chief Business Development Officer): He leads business development at Tonstarter and Notcoin. With prior experience in the technology sector, he previously worked at DAO Maker for 2 years as Director of Business Development.
• Sergey Chikirev, CTO (Chief Technology Officer): With over 10 years of programming experience, he graduated from Saint Petersburg State University and has been the Chief Technology Officer at Tonstarter for 2 years to date.

Investors

Notcoin emphasizes that there will be no investors in the fundraising rounds, and all tokens will be transferred to users.

Partners

Notcoin is currently collaborating with the TON blockchain and some projects in the ecosystem such as Tonstarter, Getgems, and OpenRating.

Notcoin has also partnered with exchanges like ByBit, OKX, and Binance.

What is NOT Token?

On April 12, 2024, Notcoin revealed information about NOT tokenomics as follows:

• Total supply: 102,719,221,714 NOT
• Token allocation:
  • Miners and NFT vouchers: 78%
  • Development team: 17.75%
  • OKXJumpstart: 1.25%
  • Binance Launchpool: 3%

Roadmap

Initially, the project planned to release the NOT token on the TON blockchain on April 20, 2024, coinciding with the Bitcoin Halving event. However, the project team later announced that it would be listed in mid-May 2024.

Similar Projects

Given its memecoin-like activities, similar projects include PEPE, DOGE Coin, and WIF.

Personal Opinion

The Notcoin team has executed an excellent strategy, opening up opportunities for new users and those expecting an attractive airdrop. With its impressive user base and remarkable success, it’s not surprising if Notcoin is released with a market value of hundreds of millions of USD FDV or even several billion dollars.

The important thing is that Notcoin has created a strong and positive community, which may be a key factor in attracting many users to the Ton Blockchain. However, we need to wait and see in the future whether Notcoin has significant utility value or is simply a developing memecoin.

Project Information

• Twitter
• Website
• Telegram

Conclusion

Notcoin is a cryptocurrency developed within the Ton Blockchain and Telegram ecosystem and has attracted a large community. Its appearance has spawned similar “copy” projects, such as Hotcoin on Near.

With its easy-to-play model and prize-winning potential, Notcoin is highly regarded by the community and is becoming a noteworthy name in the future, especially as the project prepares to launch its official token.

Have you understood Notcoin through the article “What is Notcoin? Information about NOT Token“? If not, leave a comment to have your questions answered!