The Notcoin cryptocurrency will launch on May 16 after several delays.
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Notcoin cryptocurrency
Millions of people were intrigued by the Telegram-based game Notcoin, but Notcoin was put on hold in April for the much-awaited token launch. However, the game is currently scheduled to launch on May 16th.
The NOT token will be listed on OKX and Bybit after it is created on the Open Network (TON). In conjunction with the token, OKX intends to launch a “jumpstart” campaign that will provide users who stake Toncoin (TON) with a portion of Notcoin tokens.
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1.28 billion NOT tokens, or 1.25% of the total NOT token supply, will be made available to OKX customers as part of the campaign starting on May 13. As of now, Bybit has not disclosed any such incentive schemes.
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Notcoin players
The claims process for Notcoin players who earn money outside of games remains unclear. Notcoin co-creator Sasha Plotvinov recently explained that players can transfer NOT tokens to centralized exchanges or withdraw them to self-custody wallets.
Notcoin became a viral sensation earlier this year, attracting 35 million players who earn in-game coins by tapping images of tokens. The game ended its mining phase on April 1st. The team originally planned to launch the token on April 20, coinciding with Bitcoin’s halving.
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However, the launch was delayed twice as the team worked to ensure a smooth rollout. Plotvinov emphasized that the launch of NOT tokens is just the beginning, as Notcoin aims to continue developing new social games and experiences with ongoing NOT token rewards.
NOT announcing on Binance Launchpool
NOT is the 54th project on Binance Launchpool, according to Binance. Before trading commences with a variety of pairs on May 16, users can farm NOT tokens by staking BNB and FDUSD into separate pools between May 13 and May 15.
The initiative uses a tap-to-earn mechanism to onboard users. Price swings could result from ongoing airdrops, and staking requires KYC.
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