Notcoin has taken the crypto world by storm. What began as a simple clicker game within the Telegram messaging app has evolved into a project with a dedicated community and an token launch.
This article will delve into Notcoin’s journey, explain the NOT token, and detail the exciting opportunity to farm NOT on Binance Launchpool by staking BNB and FDUSD.
The Rise of Notcoin
Notcoin’s story starts in early 2024 with a social clicker game. Players tapped a virtual golden coin to earn in-game Notcoin currency.
Leaderboards fueled friendly competition, while social features encouraged players to connect and build squads. Notcoin’s simplicity and gamified approach to crypto attracted a massive player base, reaching a staggering 35 million users at its peak.
The intrigue surrounding Notcoin intensified when the developers announced an airdrop of a real token, NOT, for players who participated in the “mining phase.”
This surprise announcement transformed Notcoin from a casual game into a gateway to the world of crypto for millions.
What is the NOT Token?
The NOT token is the heart of the Notcoin ecosystem. It aims to be a community-driven token, empowering users to participate in various ways:
- Explore: Users can discover new web3 products and services while earning NOT tokens.
- Play: Engage with new games built on the Notcoin platform and be rewarded with NOT.
- Contribute: Add value to the Notcoin ecosystem through your actions and earn NOT tokens.
- Offer: Web3 builders can leverage Notcoin campaigns to offer their products to the engaged Notcoin community.
The core principle behind the NOT token is community ownership. Unlike many crypto projects where a small group controls a large portion of the tokens, the vast majority of NOT tokens were distributed to players who participated in the original Notcoin game.
This ensures a more equitable distribution and empowers the community to shape the future of the project.
Tokenomics
The total and circulating supply of $NOT at launch is set at 102,719,221,714 tokens. Notably, 100% of these tokens were made available at listing, although this doesn’t imply immediate market availability due to phased claims and allocations.
Such a distribution strategy is importnant for maintaining token stability post-launch.
For a deeper dive into the technical aspects of the NOT token, including its total supply, detailed distribution schedule, and future development plans, head over to the Binance Research report on the project: NOT Token – Binance Research.
A Guide to Participating in Binance Launchpool
Notcoin’s NOT token is set to launch on Binance, the leading crypto exchange. But before it hits the open market, you have a chance to farm NOT tokens through Binance Launchpool. Here’s a step-by-step guide to help you participate:
Before You Begin:
- Have a Binance Account: This is a prerequisite for participating in Launchpool. If you don’t have one yet, head to Binance using this link and sign up for a free account. Remember to complete the verification process for full functionality.
- Fund Your Account: You’ll need BNB or FDUSD to stake in Launchpool. Deposit the necessary funds into your Binance wallet before the farming period starts. You can deposit crypto or use fiat currency to purchase BNB or FDUSD directly on the platform.
The NOT Token Pool
The Binance Launchpool for NOT will offer two distinct pools, catering to different investment preferences:
-
BNB Pool: This pool is ideal for users comfortable with a bit more risk in exchange for potentially higher rewards.
- Total NOT Available: 2,619,340,153 NOT (85% of the total pool)
-
FDUSD Pool: This pool offers a more stable option with potentially lower rewards. It’s suitable for users who prefer less volatility.
- Total NOT Available: 462,236,497 NOT (15% of the total pool)
Stake BNB
While both BNB and FDUSD offer opportunities to earn NOT tokens through Launchpool, staking BNB unlocks a unique advantage: participation in the MEGADROP event. Here’s how it works:
Launchpool Earnings: As with FDUSD, staking BNB in the Launchpool allows you to passively earn NOT tokens based on your contribution to the pool. The earlier you stake and the larger your stake, the more NOT tokens you can potentially accumulate.
MEGADROP Bounty: Here’s where things get interesting. By simply holding BNB in your Binance wallet during a designated snapshot period, you become eligible for a share of the MEGADROP. This means you can potentially earn even more tokens.
By strategically staking BNB, you’re essentially doubling your chances of profiting.
How to Claim Your Notcoin ($NOT) Airdrop from Telegram
- Navigate to the Notcoin Telegram Bot:
- Open the Telegram app and go to the Notcoin bot by visiting this link: Notcoin Bot.
- Start the Bot:
- In the chat with the Notcoin bot, type
/startand send it.
- In the chat with the Notcoin bot, type
- Claim Your Notcoin:
- After starting the bot, tap on the “Claim” button that appears in the chat.
- Connect Your Wallet:
- You will be prompted to connect a Tonkeeper or Telegram (TG) wallet. Follow the instructions to connect your wallet.
- Identify the Icon:
- You will encounter an arrow icon (⬆️) or a minus sign (-). Tap on the arrow icon (⬆️).
- Transfer to an Exchange:
- After tapping the arrow icon, you can select the option to transfer your Notcoin to Binance.
NOT – A Community-Driven Crypto
While the origins might seem lighthearted – a simple tapping game on Telegram – Notcoin’s journey reflects a strategic shift towards building a user-centric ecosystem powered by the NOT token.
The promise of free tokens was a major driver behind Notcoin’s explosive growth. The team behind Notcoin, Open Builders, remained tight-lipped about the token’s utility and value, further fueling the mystery and speculation.
To add another layer of intrigue, Notcoin launched pre-market trading vouchers – NFTs representing future NOT tokens – allowing players to gamble on the token’s price before it even launched.
While the initial “mining phase” of the game has ended, Notcoin isn’t going anywhere. The game will return with a revamped format.
Since no new tokens will be minted, the company will need to buy NOT tokens on the open market to integrate with the game and incentivize players. Open Builders also has ambitious plans to expand Notcoin’s ecosystem, envisioning it as a “Netflix of social, viral games.”
This could involve features like built-in trading bots for buying and selling crypto directly within Telegram.
Notcoin’s success is undeniable. It has brought a wave of new users to the crypto space through a gamified and accessible experience
Notcoin price prediction
The pre-market trading vouchers offer a glimpse into investor sentiment. 10,000 $NOT vouchers trading for $100 (12-14 TON) implies a valuation of roughly $0.01 per NOT token
This translates to a $1 billion market cap if all 102,719,221,714 NOT tokens were valued at $0.01.
Reaching a $1 billion market cap is certainly possible, but it hinges on several critical factors:
- Total NOT in Circulation: It’s important to remember that not all 100% of the airdropped tokens will immediately enter circulation. Some users might choose to hold, while others may sell right away. A smaller circulating supply would push the price per token higher to reach the $1 billion mark.
- Trading Frenzy vs. Sustainable Demand: The initial launch might experience a surge in trading activity fueled by hype and speculation. However, for the price to stay at $0.01 or climb higher, there needs to be sustained demand for the token beyond the initial frenzy.
