CDS Crypto News Popular Telegram Game Notcoin Set for Token Launch with Exclusive Promotions on OKX and Bybit
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Popular Telegram Game Notcoin Set for Token Launch with Exclusive Promotions on OKX and Bybit

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Popular Telegram Game Notcoin Set for Token Launch with Exclusive Promotions on OKX and Bybit

Popular Telegram Game Notcoin Set for Token Launch with Exclusive Promotions on OKX and Bybit

Notcoin, the immensely popular game hosted on Telegram, temporarily halted its gameplay in April in preparation for its highly anticipated token launch. This break in activity builds up to its grand debut on May 16.

The game’s digital currency, the NOT token, is set to be introduced on The Open Network (TON) and will be listed on prominent exchanges such as OKX and Bybit. In an exciting move, OKX is launching a ‘jumpstart’ campaign, which will reward users who stake Toncoin (TON) with NOT tokens. This promotion kicks off on May 13, offering 1.28 billion NOT tokens, which represents 1.25% of the total supply, exclusively to OKX users. Meanwhile, Bybit has yet to announce any similar initiatives.

However, details regarding how players who earned NOT tokens through the game can claim them remain somewhat vague. Sasha Plotvinov, one of the game’s creators, mentioned that players have the option to either transfer their NOT tokens to a centralized exchange or move them to a self-custody wallet for safekeeping.

Originally a viral hit earlier this year, Notcoin attracted a staggering 35 million players who engaged in tapping a virtual token to accumulate in-game currency. The game concluded its mining phase on April 1. The team had initially planned to launch the token on April 20 to align with the Bitcoin halving event, but they postponed the launch twice to ensure a seamless introduction.

Plotvinov assures that this token launch is merely the starting point for Notcoin, which plans to expand its offerings by developing new social games and experiences that will continue to reward users with NOT tokens.

In related news, Binance Launchpool has identified NOT as its 54th project. From May 13 to May 15, users can stake BNB and FDUSD in separate pools to farm NOT tokens before they become tradable on May 16 in various pairings. The project emphasizes a ‘tap-to-earn’ feature and warns of potential price volatility due to ongoing airdrops. Participants must complete KYC requirements to engage in staking.

FAQs

What is Notcoin?

Notcoin is a decentralized digital currency, often referred to as a cryptocurrency, designed to facilitate secure and efficient transactions without the need for intermediaries like banks. It operates on a blockchain network and uses cryptographic techniques to ensure the security of transactions.

How does Notcoin work?

Notcoin operates on a decentralized network of computers, called nodes, which collectively maintain a public ledger of all transactions, known as the blockchain. Transactions are verified and added to the blockchain through a process called mining, where miners use computational power to solve complex mathematical puzzles.

What is the difference between Notcoin and other cryptocurrencies?

While Notcoin shares many similarities with other cryptocurrencies like Bitcoin, it may have unique features or characteristics that differentiate it from others. These could include differences in the underlying technology, consensus mechanism, transaction speed, or governance structure.

Can I mine Notcoin?

Yes, Notcoin can be mined using computational power to validate transactions and secure the network. However, mining may require specialized hardware and consume significant energy resources, so it’s essential to consider the associated costs and environmental impact.

Popular Telegram Game Notcoin Set for Token Launch with Exclusive Promotions on OKX and Bybit

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