By
Steve Muchoki
April 23rd, 2024
“Notcoin” Game Token wraps up its “mining phase” and prepares for the NOT token launch on April 20 amid the Bitcoin halving hype. The popular clicker game attracted 35 million players and offering pre-market trading via NFT vouchers.
Notcoin, a Telegram clicker game, has captivated millions with its straightforward mechanics and the attractive in-game rewards. After much anticipation, the project has finally announced April 20th as the launch date for its native cryptocurrency, the NOT token, strategically timed to coincide with the Bitcoin halving hype.
$NOT Listing date ~4/20
— Notcoin Ø (@thenotcoin) April 2, 2024
Pre-market is open on https://t.co/6uiWskcQ2u
You can also use https://t.co/Fn86AlRi4Q — they allow you to get wNOT and exchange it to $NOT after TGE
More details on wNOT: https://t.co/hRycPkhCQ2
The Notcoin team, Open Builders, has acknowledged this connection, playfully referencing the “meme” status of April 20th while also strategically aligning their token launch with a potential upswing in the broader cryptocurrency market.
Notcoin launched in January 2024 and swiftly gained a loyal following, exceeding 35 million users with a peak of over 6 million daily active players. Users eagerly tapped the in-game coin, earning “Notcoins”, soon transforming into tradable tokens on The Open Network (TON). The shift from an only in-game currency to a tradable asset indicates a major milestone for Notcoin.
However, the journey to tokenization faces hurdles. Initially scheduled within weeks of January’s launch, the $NOT token release was postponed to late March or early April. Now, April 20th passed without an official launch, causing doubt if this latest setback indicates a fundamental issue.
Notcoin’s Pre-Market Trading and NFT Vouchers
Notcoin offered its most loyal gamers an opportunity to potentially profit from the future worth of the NOT token through early trading. Beginning in March, this initiative enabled players who accumulated at least 10 million in-game coins to convert their holdings into tradable NFT vouchers on The Open Network. Once the official NOT token launches, these vouchers can be exchanged for it.
This innovative approach gave rewards to people who joined early and created excitement for the upcoming release of the token. Currently, an NFT voucher for 10 million in-game coins costs around $52 worth of Toncoin (TON) on the GetGems marketplace. With trades of Notcoin vouchers worth over $14 million already done, the community’s eagerness for the NOT token is evident.
Gaming fans eagerly anticipate Notcoin’s debut. Its NFT vouchers increasing prices, showing users appreciate its potential worth. Currently, one Notcoin token costs around $0.000005, based on pre-launch voucher pricing, showing enthusiasts’ commitment and belief in Notcoin’s future market value.
Project’s Mystery and April Fool’s Ambiguity
The project’s unconventional nature, with its initial secrecy and “we’re promising nothing” approach, has fueled speculation. The launch date coinciding with April Fool’s Day added another layer of uncertainty. Was the entire project an elaborate joke, or is there a genuine token with utility on the horizon?
While the team’s association with the TON project, perceived as Telegram’s “official” blockchain, fostered some trust, concerns remain. The significant referral bonuses, with 94% of players joining through friends, raise questions about organic growth.