Bitrabo Editorial
Notcoin first gained popularity as a viral Telegram game that introduced millions to the web3 world through a unique tap-to-earn mining concept.
Functioning as a community token, $NOT aims to encourage engagement, playfulness, and contribution within its ecosystem. The upcoming launch on Binance Launchpool allows users to stake BNB and FDUSD to farm Notcoin tokens, providing an enticing opportunity for cryptocurrency enthusiasts.
This article delves into the origins, mechanics, and future potential of Notcoin, along with details about the staking process on the Binance platform.
Genesis of Notcoin
Notcoin originated as an engaging game on the Telegram messaging app. Developed by Open Builders, the game enticed users to tap a golden coin on their screens to earn an in-game currency named Notcoin.
The tap-to-earn concept quickly gained momentum, attracting a total of 35 million players and reaching six million daily active users. The game’s success can be attributed to its simple gameplay, community interaction, and the promise of future cryptocurrency rewards.
Gameplay Overview
Players kick off by launching the Telegram app and interacting with the Notcoin bot. A golden coin pops up on the screen, which players tap to earn Notcoin. Energy diminishes with each tap, gradually replenishing over time to prevent continuous clicking.
Players can enhance their earnings through daily “Full Energy” and “Turbo” boosts or opt for permanent boosts purchased with Notcoin. Climbing the global leaderboard across varying tiers, from Silver to Diamond league, is achievable by completing quests like following Twitter accounts or joining Telegram communities, which also yield additional tokens. Cosmetic upgrades such as altering the game background or the coin’s appearance can be acquired with Notcoin to enrich the user experience.
Transition to $NOT Token
Notcoin’s game-related efforts culminate in the transition to the $NOT token, set for launch on The Open Network (TON). Differing from many crypto projects with early large holders, Notcoin aims at a fair distribution by airdropping 100% of the $NOT tokens to the community.
The total $NOT supply amounts to 102,719,221,714 tokens, with an equivalent circulating supply at the time of listing. However, not all tokens will flood the market immediately; unclaimed airdrops and other allocations will gradually enter the secondary market.
Utilizing BNB and FDUSD for Notcoin Token Farming through Staking
As part of Binance Launchpool, users have the opportunity to stake BNB and FDUSD to farm $NOT tokens. The staking process is straightforward and rewards participants with a significant share of the total token supply. Here are the specifics:
Staking Period and Rewards
- Farming Period: May 13, 2024, 00:00 (UTC) to May 15, 2024, 23:59 (UTC).
- Total Rewards: 3,081,576,650 NOT tokens.
- Stake BNB: 2,619,340,153 NOT (85% of rewards).
- Stake FDUSD: 462,236,497 NOT (15% of rewards).
How to Engage
- Register on Binance: Sign up on Binance via the referral link: Binance Registration.
- Stake BNB or FDUSD: Head to the Launchpool webpage (accessible 24 hours before farming begins) and stake your BNB or FDUSD.
- Reap Rewards: Tokens are distributed daily based on the staked amount of BNB or FDUSD.
Listing on Binance
Following the farming period, $NOT will debut 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. A Seed Tag will mark $NOT, indicating its growth potential.
Envisioning the Broader Ecosystem and Future Prospects
Notcoin’s ecosystem centers on four key pillars:
- Explore: Users earn rewards by uncovering new web3 products.
- Play: Game participation leads to additional rewards.
- Contribute: Adding value to the ecosystem through various methods earns rewards.
- Offer: Web3 developers can showcase their products through Notcoin campaigns.
Integration with Other Projects
Notcoin intends to integrate with other web3 projects, enabling users to earn rewards by interacting with diverse content. To activate these features, these projects will need to purchase NOT tokens from the open market and deposit them into a smart contract.
Pre-Market Vouchers
Prior to the $NOT token launch, Notcoin introduced NFT vouchers. Players holding over 10 million Notcoin could convert their coins into vouchers, tradable before the token launch. This system enables advanced players to speculate on $NOT’s future value.
Future Developments
Post-launch, Notcoin’s gameplay will resume with some modifications. While no new tokens will be generated, companies can sponsor in-game rewards to capture Notcoin’s expansive audience. Additionally, Open Builders plans to introduce trading bot functionality, enabling users to buy and sell crypto tokens directly within Telegram.
Personal viewpoints and Price Predictions
Given Notcoin’s substantial user base and equitable distribution model, the $NOT token holds significant growth potential. Initially, the token’s price may vary between $0.002 to $0.003, with a potential all-time high (ATH) around $0.004. With a potential market cap ranging from $400 million to $500 million, $NOT presents an appealing investment opportunity.
Concluding Thoughts
Notcoin’s evolution from a popular Telegram game to a community-centric token on Binance Launchpool showcases the innovative nature of web3 projects. By staking BNB and FDUSD, users can farm $NOT tokens and engage in a dynamic ecosystem that rewards exploration, play, and contribution. With its upcoming debut on Binance and plans for future integrations, Notcoin stands poised to make a significant impact in the cryptocurrency realm.
For additional details on participating in the airdrop, refer to the official Binance announcement and research pages:
Join the Notcoin community and embark on your journey into the thrilling domain of web3 today!