Notcoin Launches with $1 Billion Valuation
The post Notcoin Launches with $1 Billion Valuation appeared on BitcoinEthereumNews.com.
The worlds of cryptocurrency and gaming just collided in a major way with the explosive arrival of Notcoin (NOT) – a brand new virtual currency tailored specifically for gamers. And get this, it came swinging out of the gate with a jaw-dropping $1 billion fully diluted valuation on the TON blockchain. That’s a Texas-sized stake in the ground. The Hype Was Real From the Start Notcoin’s debut was nothing short of electrifying. An airdrop of 80 billion tokens ignited a frenzy of trading activity, racking up a staggering $20 million in volume within the first hour. That’s the kind of action you’d expect from a hot new game release, not a cryptocurrency! But perhaps the biggest coup was Notcoin’s integration into the massively popular Telegram messaging app, instantly putting it in front of over 35 million crypto fans. The rollout plan was smooth as silk – letting early adopters accumulate Notcoins from January to April by playing games and completing challenges within Telegram. Then those virtual coin balances converted over to the real NOT tokens at a sweet 1000:1 ratio. A seamless transition from gaming to crypto. Sharing the Notcoin Love But the Notcoin team didn’t just keep the entire 102.7 billion token supply tucked away for themselves. They allocated a generous 3% slice to users of the Binance Launchpool and another 1.5% to the OKX Jumpstart program. That’s a savvy move to attract users from two of the biggest crypto exchanges right from the start. NOT Current Price as of Writing this Article – TRADINGVIEW On top of that, Notcoin implemented a staking system that rewards long-term believers and avid participants within the ecosystem. Gotta keep those gamers engaged and invested for the long haul! Blurring the Gaming-Finance Divide Sasha Plotvinov, the founder of Notcoin’s developer Open Builders, was…
Filed under: News - @ May 20, 2024 3:04 am