Key Points
- Notcoin (NOT) is finally live on Binance, OKX, Gate.io, Bitget, KuCoin, Bitfinex and more exchanges.
- NOT launched with a total market cap of $984 million.
Notcoin (NOT) is live on multiple exchanges. Trading began today, May 16, on Binance, OKX, Gate.io, Bitfinex, Bitget, KuCoin, and more exchanges, as revealed by the team behind the project earlier.
— Notcoin Ø (@thenotcoin) May 16, 2024
The market cap of NOT is $984 million.
The project’s launch was initially scheduled for April 20, the same day when the Bitcoin halving event took place. The original launch was postponed and $NOT started trading today.
The total and circulating supply of NOT at launch was set at 102,719,221,714 tokens. 100% of these tokens were made available at listing.
The distribution strategy was significant for keeping token stability post-launch.
Ntocoin’s listing on CoinMarketCap was also a move that made waves in the project’s community, highlighting that the token’s presence on the platform meant that after its listing, users would be able to start tracking the price and data of the coin.
Claiming the NOT coins
Users who mined in-game coins between January and April 1, which marked the end of the mining phase, can now claim their on-chain NOT tokens. These are awarded at a 1,000 to 1 conversion rate. If someone mined 100,000 in-game coins, they can claim 100 NOT tokens.
Notcoin also opened up the in-game claim process to players on April 14, beginning with the ability to either transfer the tokens to a centralized exchange or stake them for future rewards and access.
Today Notcoin added the ability to withdraw any earned NOT to a self-custody wallet as well.
What is Notcoin (NOT)?
Notcoin’s story began in 2024, and involved a social clicker game requiring players to tap a virtual golden coin in order to earn in-game currency.
The game sparked friendly competition among players and social features encouraged them to connect and build squads. The game was surrounded by easy playing and the approach managed to attract a huge user base – the peak involved 0.44% of the world population, 35 million users, playing the game.
Notcoin morphed from a simple casual game into a gateway to the world of crypto for millions of users. This shift took place when the hype around the project intensified as devs revealed an airdrop of a real token called NOT for players who took part in the mining phase.
The NOT token is the core of the whole Notcoin ecosystem, and it’s a coin driven by the community, empowering users to become a part of the project.
Becoming part of the Notcoin ecosystem includes exploring and discovering new Web3 projects and services, earning NOT tokens at the same time. Engagement with new games built on the platform can also get users NOT rewards.
Contributing to the ecosystem, while adding value to it, can be achieved via users’ actions. Web3 builders can also leverage Notcoin campaigns to deliver their products to the community.
The uniqueness of the project also lies in the fact that the majority of NOT tokens have been distributed to players who took place in the original Notcoin game, unlike other projects which see a smaller group that controls a larger portion of the tokens.
The Notcoin ecosystem revolved around equitable distribution and empowerment for the community. Users can shape the project’s future with their own actions.
Binance announced Notcoin as the 54th project on the Binance Launchpool.
