News

Notcoin First Campaigns Prepared to Launch Next Week

Key Points:

  • Notcoin first campaigns will be launched next week, offering rewards but cautioning against unstaking.
  • With 35M+ users, Notcoin launched at $1B value via airdrops and exchanges.
  • Staking incentivizes token retention; 78% is allocated to miners and 22% to growth.
The web3 clicker game Notcoin (NOT) unveiled its forthcoming plans, highlighting the imminent launch of Notcoin first campaigns and products set for the upcoming week.
Notcoin First Campaigns Prepared to Launch Next Week 2

Notcoin First Campaigns Revealed With Reward System

Following these Notcoin first campaigns, Gold and Platinum users are set to receive allocations from subsequent launches. However, users should note that unstaking Notcoin and withdrawing on-chain will result in the forfeiture of Level benefits and access to the prize pool.

Notcoin, a gaming token boasting over 35 million users, has made waves by debuting with a fully diluted value (FDV) of $1 billion. Its distribution occurred through a combination of airdrops and various exchanges.

Early players engaged with the game via the Telegram app, accruing Notcoin from January to April through virtual coin clicks and in-game challenges. These in-game balances underwent conversion at a ratio of 1000:1.

Staking Mechanism Introduced as Notcoin Allocates Tokens for Growth

Preceding the token generation event on Thursday, pre-market trading commenced in March through an NFT trading system, with nearly 800,000 NFT vouchers now convertible into NOT tokens at the same ratio via the Notcoin app.

The total NOT token supply amounts to 102.7 billion, with 78% allocated to miners and NFT voucher holders, while the remaining 22% is earmarked for new users, traders, and future development endeavors, as outlined by the Notcoin team.

Additionally, the project has implemented a staking mechanism to incentivize airdrop participants to retain their tokens. Staking is integral for earning supplementary rewards and unlocking access to more lucrative staking pools, contingent upon the player’s in-game level.

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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