As a researcher with a background in blockchain technology and gaming, I find Notcoin’s origin story incredibly intriguing. The game’s success in attracting millions of players to the world of web3 through its simple yet addictive tap-to-earn mechanism is impressive.
“Notcoin originated as a popular Telegram pastime with a novel tap-to-mine mechanism, which drew in millions of people and introduced them to the realm of web3.”
As a community token analyst, I’d describe $NOT as a digital currency that encourages participation, entertainment, and collaboration within its network. Upcoming on Binance Launchpool, users can deposit BNB and FDUSD to cultivate Notcoin tokens through staking. This presents an enticing prospect for crypto aficionados.
In this article, we delve into the background, workings, and potential developments of Notcoin. Additionally, we’ll provide details about the staking procedure for Notcoin on Binance.
Origins of Notcoin
Open Builders introduced Notcoin as an engaging and addictive pastime within the Telegram messaging platform. Users could easily earn the virtual currency, Notcoin, by tapping a golden coin symbol that appeared on their screens.
The “tap-to-earn” feature of this game swiftly gained popularity, drawing in a massive player base of 35 million in total and reaching a peak of six million active users daily. The game’s success can be attributed to its simplified gameplay, strong sense of community engagement, and the enticing prospect of future crypto rewards for players.
Gameplay Mechanics
In simpler terms, To get started, users need to launch Telegram and interact with the Notcoin bot. A virtual gold coin materializes upon screen contact, which they tap to collect Notcoins. However, this action depletes energy, which recharges gradually, thus preventing excessive tapping.
As a crypto investor, I can enhance my returns by making use of daily “Full Energy” and “Turbo” boosts. Alternatively, I can opt for permanent boosts by investing in Notcoin.
Players progress through various tiers on a global leaderboard by completing tasks, such as following a Twitter account or joining a Telegram community. Extra tokens are awarded for these accomplishments. The user experience is customizable with cosmetic upgrades, which can be purchased using Notcoin. These upgrades allow players to modify the game’s background and coin appearance.
Transition to $NOT Token
Notcoin’s in-game endeavors reach their peak with the introduction of the $NOT token on The Open Network (TON). Unlike other crypto projects that favor early investors, Notcoin strives for equity by distributing all $100 NOT tokens amongst its community through airdrops.
The entire issuance of $NOT amounts to 102,719,221,714 tokens, and an equal portion of this will be available for circulation upon listing. Nevertheless, not all of these tokens will be put up for trade right away. Unclaimed airdrops and other reserves will be released progressively into the secondary market over time.
Staking BNB and FDUSD to Farm Notcoin Tokens
Through Binance Launchpool, users have the opportunity to earn $NOT tokens by depositing BNB and FDUSD as stake. The procedure is straightforward, and participants will be generously compensated with a substantial allocation of the token issuance. Detailed instructions follow:
Staking Period and Rewards
- Farming Period: May 13, 2024, 00:00 (UTC) to May 15, 2024, 23:59 (UTC).
Total Rewards: 3,081,576,650 NOT tokens.
Stake BNB: 2,619,340,153 NOT (85% of rewards).
Stake FDUSD: 462,236,497 NOT (15% of rewards).
How to Participate
- Register on Binance: Create an account on Binance using the referral link: Binance Registration.
Stake BNB or FDUSD: Visit the Launchpool webpage (available 24 hours before the farming starts) and stake your BNB or FDUSD.
Earn Rewards: Tokens will be distributed daily based on the amount of BNB or FDUSD staked.
Listing on Binance
As a researcher, I’d like to share some exciting news regarding the upcoming listing of $NOT on Binance. Following the farming phase, this cryptocurrency is set to join Binance’s vibrant marketplace on May 16, 2024, at 12:00 (UTC). The trading pairs will consist of NOT/BTC, NOT/USDT, NOT/BNB, NOT/FDUSD, and NOT/TRY. Furthermore, the Seed Tag will be applied to $NOT due to its promising potential for substantial growth.
The Broader Ecosystem and Future Prospects
Explore, Play, Contribute, and Offer
Notcoin’s ecosystem revolves around four key pillars:
- Explore: Users earn rewards by discovering new web3 products.
- Play: Participation in games yields additional rewards.
- Contribute: Adding value to the ecosystem through various means also earns rewards.
- Offer: Web3 builders can promote their products through Notcoin campaigns.
Integration with Other Projects
Notcoin plans to integrate with other web3 projects, allowing users to earn rewards by engaging with different content. These projects will need to purchase NOT tokens on the open market and deposit them into a smart contract to activate these features.
Pre-Market Vouchers
Prior to the introduction of the $NOT token, Notcoin offered NFT vouchers as a pre-launch feature to its top-tier players. Those holding more than 10 million Notcoins had the opportunity to exchange their coins for these vouchers. These vouchers could then be traded among players before the token’s official launch, providing an avenue for speculation regarding the future value of $NOT.
Future Developments
After the launch, I, as an analyst, would note that Notcoin’s gameplay will carry on with certain adjustments. No more tokens will be generated, but corporations can sponsor in-game prizes to boost their visibility among Notcoin’s extensive user base. Furthermore, Open Builders is set to incorporate trading bot functionality. This feature allows users to buy and sell crypto tokens directly through Telegram.
Personal Opinions and Price Predictions
Due to Notcoin’s large user base and equitable distribution system, the $NOT token holds promising growth prospects. Its starting price might fluctuate between $0.002 and $0.003, with a peak (all-time high) value around $0.004. With a projected market capitalization of $400 million to $500 million, investing in $NOT offers an enticing opportunity.
Conclusion
The transformation of Notcoin from a popular Telegram game into a community-owned token listed on Binance Launchpool showcases the inventive capabilities of web3 projects. Through staking BNB and FDUSD, users can cultivate $NOT tokens and engage in an evolving environment that honors discovery, amusement, and collaboration. With its forthcoming Binance listing and future collaborations, Notcoin is set to make a substantial impact within the crypto realm.
As a crypto investor eager to learn about the airdrop opportunity, I would recommend checking out the official Binance announcement and research pages for comprehensive details.
- Binance Research on Notcoin
- Binance Support Announcement
Join the Notcoin community and start your journey into the exciting world of web3 today!
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2024-05-15 12:57