Notcoin will launch on May 16 after several delays

  • Millions of people were captivated by the Telegram-based game Notcoin, which was put on hold in April in preparation for its much-anticipated token launch. 
  • However, the game is now scheduled to launch on May 16.

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.

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.

Uncertainty surrounds the claim procedure for Notcoin users who obtained NOT via the game. The co-creator of Notcoin, Sasha Plotvinov, recently revealed that users can withdraw their NOT tokens to a self-custody wallet or move them to a centralized exchange.

35 million gamers were engaged by Notcoin’s viral phenomenon earlier this year, whereby they could win in-game cash by tapping the image of a token. The mining phase of the game concluded on April 1.

The team’s original intention was to introduce the token on April 20 in time for the Bitcoin halving. Nevertheless, the team had to postpone the launch twice in order to guarantee a seamless rollout.

Plotvinov stressed that Notcoin intends to keep creating new social games and experiences with continuing NOT token rewards, so the introduction of the NOT token is just the beginning.

NOT is also 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.

Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.

Author: Lalit Mohan

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