Key Points
- The Notcoin (NOT) token’s launch didn’t happen as planned on April 20, Bitcoin’s halving day.
- During Dubai’s Token 2049 conference, Open Builders founder Sasha Plotvinov offers a new ETA for NOT.
Notcoin (NOT)‘s launch was initially scheduled for April 20, the same day as the Bitcoin halving. Last week, the team behind the project announced that the token’s launch would be delayed.
During the Token 2049 conference that took place in Dubai last week, Open Builders founder Sasha Plotvinov addressed the reasons why the token launch got pushed back. He also offered a new ETA for NOT’s launch on The Open Network (TON).
Plotvinov said that three weeks ago, the original launch date was planned to be April 20, highlighting that the number was not only funny, but it was also the Bitcoin halving event date.
The NOT launch was supposed to be linked with Bitcoin’s halving, but as the date neared, the team decided that they needed more time to make sure that the token launch went as planned without any issues.
Anytime soon pic.twitter.com/9vsi2RCHZK
— Notcoin Ø (@thenotcoin) April 17, 2024
New ETA for NOT launch
After all, the game is played by millions, and if they all tried to claim the token at once, problems could have occurred.
Plotvinov said that the team realized that there are about 35 million people who want to go on-chain, and this was a challenging task. They had to make sure that everything worked flawlessly, including the blockchain, infrastructure, wallets, and so on.
He explained that users could not be limited, and the team could not afford to allow some users to mint tokens and make the rest wait until everything worked properly again. Overall, he said that the team realized that there were a lot of things to be perfected ahead of the launch, and this is the main reason for it being postponed.
He also offered a new ETA, which is reportedly by the end of this month.
The Notcoin launch will be one of the most important tests for The Open Network, considering the large amount of users that the project has.
Plotvinov also mentioned the launch of pre-market vouchers that allowed heavy users to trade some of their in-game Notcoin allocations via NFTs – this was reportedly an early test, but the real event is on its way.
A couple of days ago, the team announced via X that the new era of profit sharing begins, highlighting $34k in Toncoin from Telegram for this month.
https://twitter.com/thenotcoin/status/1782017217959231946
What is Notcoin?
The clicker game called Notcoin has become very popular, with millions of users tapping on a coin graphic to earn in-game currency.
The play-to-earn game is integrated into the Telegram messaging platform. Players can “mine” Notcoin, the game’s digital currency, by simply clicking on an animated coin that appears in the chat interface.
The game’s popularity stems from its ease of use and its integration with Telegram. It started as a closed beta in November 2023.
The project’s currency is called “Gram,” and it’s been designed to pay transaction fees and settle payments while at the same time validating network transactions.
NOT is the digital currency associated with the game.