What is Notcoin?
Notcoin is a simple, free-to-play game accessible via a Telegram bot. Its design and ease of access quickly attracted a large user base, with 35 million total users and over six million daily active users (DAUs) at its peak. The game involved tapping a coin in the middle of the screen to earn points, called Notcoins, with an initial rate of one Notcoin per tap. The mining phase of the game concluded on April 1.
Notcoin Boosts
Players could enhance their earning potential by purchasing Boosts with Notcoins. These Boosts provided benefits such as increased energy capacity, faster energy recovery, higher Notcoin rewards per tap, and an auto-tapper function that operated for up to 12 hours. Daily free Boosts were also available, including the Turbo Boost, which temporarily increased Notcoin rewards per tap, and the Full Energy Boost, which fully replenished energy bars.
The game acted as a mining phase for the Notcoin token (NOT) on the TON blockchain, aiming to distribute Notcoins fairly among users.
Notcoin Earn
In addition to tapping, users could earn Notcoins through various methods, such as reaching milestones like earning 1,000 Notcoins or achieving referral goals. Other ways included completing tasks with partner projects and within the TON ecosystem. Referrals were crucial, as both referrers and referees earned bonus Notcoins, with more rewards for referrers as their referees earned more Notcoins. Squads, or user communities within the app, competed on the Notcoin leaderboard, adding an element of competition.
Notcoin Pre-Market Vouchers
Before the NOT token’s official release, the Notcoin team allowed pre-market trading of the token through vouchers on the GetGems NFT marketplace, using the TON cryptocurrency. These vouchers could be redeemed for actual NOT tokens after the token generation event (TGE), allowing users to speculate on the token’s value before its launch.
Notcoin Airdrop and Tokenomics
The Notcoin mining phase ended on April 1, recording all users’ Notcoin balances. During this phase, users made over 8.888 trillion taps and spent more than 17 trillion Notcoins. Users caught using bots or scripts were penalized by losing their entire NOT token allocation. Users who did not participate in referrals or campaigns were also penalized.
Notcoin announced the conversion of in-game Notcoins to NOT tokens at a rate of 1,000 Notcoins per 1 NOT token, claimable at the TGE. The NOT token has a maximum supply of 102,719,221,714 tokens, with 78% allocated to miners and voucher holders, and 22% reserved for new users, exchange listings, and future development.
Notcoin has no investors, ensuring a fair launch with the entire token supply available at the TGE. The actual circulating amount depends on how many users claim their NOT token airdrop or vouchers.
Binance Launchpool and Token Launch
Binance announced the NOT token’s launchpool on May 9 as its 54th project. Users could stake BNB or FDUSD in separate pools for three days to farm NOT tokens. The NOT token began trading on Binance on May 16.
