Notcoin, a viral web3 clicker game, has launched its cryptocurrency on the TON blockchain, distributing over 80 billion NOT tokens to participants in an airdrop as it hits crypto exchanges.
Since starting as a Telegram Mini App in January, Bitcoin has gathered a community of over 35 million players. These mini apps, integrated into Telegram, allow users to access services without leaving the app.
Players earned the in-game currency by tapping a Notcoin icon on their phones, which is now converted into NOT tokens at a ratio of 1000:1 for all users with a connected TON wallet.
Before the token generation event, pre-market trading of Notcoin began via NFTs in March. Nearly 800,000 NFT vouchers were minted by the end of the mining phase on April 1.
With a floor price of about $12 and a trading volume of $3.8 million, these NFTs became the fourth-largest NFT collection on the TON blockchain. Now, these NFT vouchers can also be exchanged for NOT tokens at a 1000:1 ratio.
In total, 7,953,370,000 tokens are redeemable by NFT voucher holders. Eligible users can claim tokens via the Notcoin app and withdraw them on-chain.
The total supply of NOT is 102,719,221,714 tokens. The team allocated 78% of this to miners and NFT voucher holders, with the remaining 22% (22.5 billion NOT) reserved for new users, traders, and future development activities.
Notcoin previously announced that 100% of NOT tokens would be distributed to “miners” in a distribution model similar to Bitcoin’s, with the average allocation being 0.0003%.
Bitcoin aims to reward users for exploring the crypto ecosystem using NOT tokens and plans to introduce a trading bot for TON-based tokens. TON blockchain can onboard new users via Notcoin’s platform, with selected projects added monthly.
Also Read: Notcoin Halts Token Transfers to Exchanges Until May 16
