Notcoin started as a viral Telegram game that introduced millions of people to the world of web3 through a unique tap-to-earn mining mechanic.
As a community token, $NOT aims to encourage engagement, play and contribution within its ecosystem. With the upcoming launch on Binance Launchpool, users can stake BNB and FDUSD to farm Notcoin tokens, making it an exciting opportunity for cryptocurrency enthusiasts.
This article will explore the origins, mechanics, and future prospects of Notcoin, as well as the details of the staking process on Binance.
Origins of Notcoin
Notcoin emerged as a simple but addictive game within the Telegram messaging application. Developed by Open Builders, the game invited users to tap a gold coin displayed on their screens to win an in-game currency called Notcoin.
This tap-to-win mechanism quickly gained traction, attracting 35 million players in total and peaking at six million daily active users. The game's success can be attributed to its simple gameplay, community involvement, and the promise of future crypto rewards.
Game mechanics
Players start by opening the Telegram app and tapping on the Notcoin bot. A gold coin appears on the screen, which players tap to earn Notcoin. Energy is depleted with each touch and slowly recharges over time, avoiding endless clicks.
Players can increase their earnings through daily “Full Energy” and “Turbo” boosts or by purchasing permanent boosts with Notcoin.
Additionally, players advance through a world ranking divided into tiers, from the Silver League to the Diamond League. Completing quests, such as following a twitter account or joining a Telegram community, also earns additional tokens. Cosmetic upgrades, such as changing the game background or currency appearance, can be purchased with Notcoin, improving the user experience.
Transition to $NOT token
The culmination of Notcoin's in-game efforts is the transition to the $NOT token, which will be launched on The Open Network (TON). Unlike many crypto projects with early whales, Notcoin aims for fair distribution by airdropping 100% of $NOT tokens to the community.
The total supply of $NOT is 102,719,221,714, with an equal circulating supply upon listing. However, this does not mean that all tokens will immediately enter trading; Unclaimed airdrops and other allocations will gradually enter the secondary market.
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Staking BNB and FDUSD to Farm Notcoin Tokens
As part of Binance Launchpool, users can stake BNB and FDUSD to farm $NOT tokens. The staking process is simple and rewards participants with a significant portion of the total token supply. Here are the details:
Betting period and rewards
- Cultivation period: May 13, 2024, 00:00 (UTC) to May 15, 2024, 23:59 (UTC).
- Total rewards: 3,081,576,650 NO tokens.
- BNB Bet: 2,619,340,153 NO (85% of rewards).
- FDUSD Bet: 462,236,497 NO (15% of rewards).
How to take part
- Sign up on Binance: Create an account on Binance using the referral link: Binance Registration.
- Bet BNB or FDUSD: Visit the Launchpool website (available 24 hours before farming starts) and stake your BNB or FDUSD.
- Earn rewards: Tokens will be distributed daily based on the amount of BNB or FDUSD staked.
Binance Listing
After the cultivation period, $NOT will appear on Binance on May 16, 2024 at 12:00 (UTC). Trading pairs will include NOT/btc, NOT/USDT, NOT/BNB, NOT/FDUSD and NOT/TRY. The seed tag will be applied to $NOT, indicating its significant growth potential.
The broader ecosystem and future prospects
Explore, play, contribute and offer
The Notcoin ecosystem revolves around four key pillars:
- Explore: Users get rewards by discovering new web3 products.
- Play: Participation in games generates additional rewards.
- Contribute: Adding value to the ecosystem through various means also generates rewards.
- Offer: Web3 creators can promote their products through Notcoin campaigns.
Integration with other projects
Notcoin plans to integrate with other web3 projects, allowing users to earn rewards by interacting with different content. These projects will need to purchase NOT tokens on the open market and deposit them into a smart contract to activate these features.
Pre-market vouchers
Before the launch of the $NOT token, Notcoin introduced nft vouchers. Players with more than 10 million Notcoin can convert their coins into vouchers, which can be exchanged before the token launch. This system allows high-level players to speculate on the future value of $NOT.
Future developments
After launch, Notcoin gameplay will resume with some changes. While no new tokens will be minted, companies can sponsor in-game rewards to gain exposure to Notcoin's wide audience. Additionally, Open Builders plans to introduce trading bot functionality, which will allow users to buy and sell crypto tokens directly within Telegram.
Personal opinions and price predictions
Given Notcoin's huge user base and fair distribution model, the $NOT token has significant growth potential. The token price could initially range between $0.002 and $0.003, with an all-time high (ATH) of around $0.004. With a market capitalization potentially between $400 million and $500 million, $NOT presents an interesting investment opportunity.
Conclusion
Notcoin's journey from a viral Telegram game to a community-driven token on Binance Launchpool exemplifies the innovative potential of web3 projects. By staking BNB and FDUSD, users can farm $NOT tokens and participate in a dynamic ecosystem that rewards exploration, play, and contribution. With its upcoming listing on Binance and plans for future integrations, Notcoin is poised to become a major player in the crypto space.
For more information on how to participate in the airdrop, visit the official Binance research and announcement pages:
Join the Notcoin community and start your journey into the exciting world of web3 today!
