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Notcoin halts deposits in preparation for token launch

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The Notcoin project team has announced a temporary suspension of token deposits to crypto exchanges from May 14 until after the coin’s listing on May 16. This measure is part of the project’s plan for a smooth token launch and ecosystem expansion.

Launched on January 1 as a web3 gaming initiative within The Open Network (TON) ecosystem, Notcoin offers a unique gaming experience on the Telegram messenger platform. Users can earn coins by a simple tap on their phone screens and boost their earnings through various activities.

In an effort to involve the community, the team plans to allocate 5% of the total token supply to community members and clients of cryptocurrency exchanges. A billion NOT tokens have been earmarked for users of the Telegram wallet bot, with the campaign slated to conclude by May 25. After May 16, users can freely access NOT and trade it on the P2P market or exchange it for TON, USDT, or BTC. The token can also be sent to Telegram contacts for payments.

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Adding to its progress, NOT has been included on the OKX crypto exchange’s Jumpstart marketplace launchpad. Traders can now stake TON from May 13 to May 16 and earn Notcoin. This listing signifies a significant advancement for Notcoin, broadening its appeal to a larger audience.

The decision to pause deposits on exchanges serves a strategic purpose of ensuring a successful token launch and listing process. Users will retain the ability to withdraw their NOT coins post the May 16 listing date. The Notcoin team is dedicated to providing users with a seamless experience and establishing a strong ecosystem for web3 gaming and cryptocurrency enthusiasts.

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