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Is Phemex Safe? Pros and Cons
Is Phemex Safe? Pros and Cons
November 11, 2024
How to Trade Options, Futures, and Perpetual Swaps
How to Trade Options, Futures, and Perpetual Swaps
November 11, 2024
Published by admin on November 11, 2024
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  • Altcoin Guides: Cryptocurrencies Besides Bitcoin
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  • Telegram
What is Notcoin (NOT)? The Viral Token Coming to The Open Network


The Open Community (TON) has been booming all through the previous 12 months, turning into one of many largest tasks within the trade via complete market capitalization.

This has been attributed to its bustling ecosystem, with extra builders and customers turning their consideration to the TON blockchain.

Notcoin is a undertaking that’s the present proof of the above. Let’s see why.

What’s Notcoin (NOT)?

NOT began out as a viral Telegram sport that was designed to onboard customers into the realm of Web3 on the TON blockchain.

Screenshot 2024-05-15 111629

It takes a really attention-grabbing method as a result of the undertaking’s official web site solely incorporates a immediate to affix a Telegram neighborhood, in addition to hyperlinks to its social media accounts and whitepaper.

Usually, a undertaking’s whitepaper is probably the most elementary doc introduced to the neighborhood and potential buyers. It incorporates all of the details about the undertaking, together with technical structure, parameters, background on workforce members, plans, and whatnot.

Notcoin’s Whitepaper is actually … a white paper – it incorporates 9 pages, the primary one titled “Notcoin Whitepaper November 2023,†and the remaining eight are … nicely, clean white sheets with nothing written on them.

The undertaking has launched the so-called “tap-to-earn†mining mechanic, and it seems that NOT itself is broadly a neighborhood token, the place customers are capable of earn it by way of:

  • Discovering Web3 Merchandise
  • Collaborating in varied video games
  • Including worth to the ecosystem
  • Web3 builders can supply their merchandise to the neighborhood by way of Notcoin campaigns.

Earlier in Might, the workforce launched one other replace on a function known as Notcoin Discover. Along with the beta model of their clicking sport, Notcoin Discover provides one thing “extra superior†to the undertaking. It primarily permits customers to discover new Web3 merchandise and earn NOT within the course of.

The method is twofold: The brand new Web3 tasks will purchase NOT from the market and add it to the marketing campaign pool, which is able to then reward NOT neighborhood members who work together.

In any case, Notcoin has grown right into a viral cryptocurrency, internet hosting virtually 7 million individuals in its Telegram group and virtually 2 million on X.

The workforce has additionally acknowledged that they’ll start burning tokens from the whole provide as soon as the undertaking goes reside on-chain.

A Totally different Method to Tokenomics

Many tasks give you some form of a vesting schedule for his or her complete provide with the purpose to forestall extreme promoting stress on the day of the preliminary itemizing.

True to its mysterious nature, Notcoin has taken a special method, pushing 100% of the availability to be unlocked on day one.

Now, it’s vital to notice that this doesn’t imply that 100% of the tokens will enter buying and selling proper off the bat. The distribution of the tokens additionally contains airdrops that belong to miners. These will not be absolutely claimed.

In essence, the whole provide is 102,719,221,714 NOT tokens, and the distribution appears to be like like this:

Binance Launchpool: 3% of Provide

Miners: 78% of provide

Ecosystem Fund: 9% of provide

Neighborhood Incentives: 5% of provide

Improvement: 5% of provide

token_allocation_notcoin
Supply: Binance

We gained’t publish the discharge schedule as a result of… nicely, all of it is going to be launched directly.

Collaborating within the Binance Launchpool

As you possibly can see, 3% of the whole provide is reserved for members within the Binance Launchpool.

Collaborating in this can be very simple. You’ll need a Binance account. In the event you don’t have one, be sure that to register utilizing this hyperlink.

From there, navigate to the highest menu and hit “Extra.†You will notice a dropdown: choose the Launchpad & Launchpool choice.

img1

As soon as you might be within the Launchpool, the Notcoin undertaking will seem on prime. You need to choose the pool that you just wish to take part in – both FDUSD or BNB. We’ve chosen FDUSD.

Right here, it is possible for you to to see all the small print concerning the Launchpool. This contains the farming interval, the whole variety of tokens staked, most hourly rewards, in addition to how many individuals have joined and what’s your present stake:

img3

To start out farming the Launchpool, simply hit “stake,†enter the quantity that you just wish to commit (you possibly can withdraw immediately at any time) and ensure the motion.

img4

That’s all the pieces there may be to find out about taking part within the Notcoin Launchpool on Binance.

Buying and selling will begin on Might sixteenth at 12:00 UTC, when NOT can be listed on the Binance Spot alternate with the next buying and selling pairs:

  • NOT/BTC
  • NOT/USDT
  • NOT/BNB
  • NOT/FDUSD
  • NOT/TRY

This put up has been powered by Notcoin. 

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