Notcoin Announces 72 Billion NOT Tokens Have Been Distributed To Players

JAKARTA - Some time ago, Notcoin, this clicker game went viral on the Telegram messaging application. This time, Notcoin is rumored to have launched its own crypto asset on the blockchain The Open Network (TON). Notcoin has provided airdrops of more than 80 billion NOT tokens to participants during the opening of trading on crypto exchanges.

Notcoin, launched as Telegram's mini app in January, has grown rapidly and managed to attract communities with more than 35 million players, according to a statement shared with The Block. Telegram's Mini App is a small app integrated into Telegram messaging platforms, allowing users to interact with various services without leaving the app.

The players'mining' the currency in the game by simply tapping the Notcoin icon on their phones, with the accumulated amount now converted into a NOT token, which is distributed to all users with a TON wallet connected to a ratio of 1000:1.

Previously, trading pre-market Notcoin was launched through the NFT trading system in March, with nearly 800,000 NFT vouchers minted until the end of the game's mining' phase on April 1.

With a base price of around $26 (Rp413,720), and a total trading volume of around $26 million (Rp413,720,000,000) during that period, the NFT is the fourth largest NFT collection on blockchain TONS, according to the NFT Getgems market, with more holders than other TON-based collections. This NFT voucher can now also be converted into a NOT token with a ratio of 1000:1.

According to The Block report, overall, 72,265,851,714 tokens have been distributed to miners, and 7,953,370,000 tokens can now be exchanged by NFT vouchers. Qualified users can claim tokens through the Notcoin application and attract NOTs on-chain.

The total supply of NOT is 102,719,221,714 tokens. Allocations for miners'' and NFT vouchers account for 78% of this amount, with the remaining 22% (22.5 billion NOT) set aside for new users, traders, and future development activities.

Notcoin previously stated that 100% NOT tokens would be allocated to miners' in a bitcoin'-style distribution where the average allocation is 0.0003%.