Notcoin started as a viral telegram game that introduced millions of people to the world of Web3 through a unique mining-to-earn mechanism.
As a community token, $NOT aims to foster engagement, play, and contribution within its ecosystem. With the upcoming launch on Binance Launchpool, users can stake BNB and FDUSD to mine Notcoin tokens, making it an exciting opportunity for crypto enthusiasts.
This article will explore the origins, mechanics and future prospects of Notcoin, as well as the specifics of the staking process on Binance.
Origins of Notcoin
Notcoin emerged as a simple but addictive game within the messaging app Telegram. Developed by Open Builders, the game invited users to tap a gold coin displayed on their screens to earn an in-game currency called Notcoin.
This Tap-to-Earn mechanic quickly gained traction, attracting 35 million total players and peaking at six million daily active users. The game’s success can be attributed to its simple gameplay, community engagement, and 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 depletes with each press and slowly recharges over time, avoiding endless clicks.
Players can increase their earnings with daily “Full Energy” and “Turbo” boosts or by purchasing permanent boosts with Notcoin.
Additionally, players climb a global 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 room appearance, can be purchased with Notcoin, improving the user experience.
Transition to the $NOT token
The culmination of Notcoin’s gaming efforts is the transition to the $NOT token, which is expected to launch 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 equal circulating supply at registration. However, this does not mean that all tokens will immediately enter trading; unclaimed airdrops and other allocations will gradually enter the secondary market.
Staking BNB and FDUSD to mine Notcoin tokens
As part of the Binance Launchpool, users can stake BNB and FDUSD to mine $NOT tokens. The staking process is simple and rewards participants with a significant portion of the total token supply. Here are the details:
Wagering Period and Rewards
- Agricultural period: from May 13, 2024, 00:00 (UTC) to May 15, 2024, 23:59 (UTC).
- Total rewards: 3,081,576,650 NON tokens.
- Stake BNB: 2,619,340,153 PAS (85% of rewards).
- FDUSD Staking: 462,236,497 PAS (15% of rewards).
How to participate
- Register on Binance: Create an account on Binance using the referral link: Binance Registration.
- Stake BNB or FDUSD: Visit the Launchpool webpage (available 24 hours before the start of farming) and stake your BNB or FDUSD.
- Earn rewards: Tokens will be distributed daily based on the amount of BNB or FDUSD staked.
Registration on Binance
After the farming period, $NOT will be listed on Binance on May 16, 2024 at 12:00 p.m. (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 potential for significant growth.
The broader ecosystem and future prospects
Explore, play, contribute and suggest
The Notcoin ecosystem is built around four key pillars:
- Explore: Users earn rewards by discovering new web3 products.
- Play: Participating in games earns additional rewards.
- Contribute: Adding value to the ecosystem through various means also brings rewards.
- Offer: Web3 builders can promote their products via 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 enable 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 redeemed before the token launches. 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. Although no new tokens are created, companies can sponsor in-game rewards to gain exposure to Notcoin’s vast audience. Additionally, Open Builders plans to introduce a trading bot feature, allowing users to buy and sell crypto tokens directly in Telegram.
Personal opinions and price predictions
Considering Notcoin’s massive user base and fair distribution model, the $NOT token has significant growth potential. The token’s price could initially range between $0.002 and $0.003, with an all-time high (ATH) around $0.004. With a market capitalization potentially between $400 million and $500 million, $NOT presents an exciting investment opportunity.
Conclusion
Notcoin’s journey from a viral Telegram game to a community token on Binance Launchpool illustrates the innovative potential of web3 projects. By staking BNB and FDUSD, users can mine $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 significant player in the crypto space.
For more information on how to participate in the airdrop, visit the official Binance announcement and research pages:
Join the Notcoin community and start your journey into the exciting world of web3 today!
