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Notcoin token to launch May 16 following multiple delays

notcoin-token-to-launch-may-16-following-multiple-delays
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Notcoin token to launch May 16 following multiple delays

Notcoin, the Telegram-based game that captured the attention of millions, paused its gameplay in April ahead of its anticipated token launch but is now set to debut on May 16.

The NOT token, minted on The Open Network (TON), will be listed on OKX and Bybit. OKX plans to hold a ‘jumpstart’ campaign around the token, rewarding customers who stake Toncoin (TON) with a share of Notcoin tokens.

The campaign begins on May 13, with 1.28 billion NOT tokens offered to OKX users, accounting for 1.25% of the total NOT token supply. Bybit has not yet announced any similar reward programs.

https://twitter.com/thenotcoin/status/1788451498713596221

The claim process for Notcoin players who earned NOT through the game remains unclear. Sasha Plotvinov, Notcoin’s co-creator, recently stated that players can transfer their NOT tokens to a centralized exchange or withdraw them to a self-custody wallet.

Notcoin became a viral sensation earlier this year, engaging 35 million players who tapped the image of a token to earn in-game coins. The game ended its mining phase on April 1. Initially, the team planned to launch the token on April 20 to coincide with the Bitcoin halving. However, the launch was delayed twice as the team worked to ensure a smooth rollout.

Plotvinov emphasized that the launch of the NOT token is just the beginning, as Notcoin aims to continue developing new social games and experiences with ongoing NOT token rewards.

Binance Launchpool announces NOT

Binance has announced NOT as the 54th project on Binance Launchpool. From May 13 to May 15, users can stake BNB and FDUSD into separate pools to farm NOT tokens before trading opens on May 16 with various pairs.

The project aims to onboard users via a tap-to-earn mechanic. Continuous airdrops may cause price fluctuations, and KYC is required for staking.