Notcoin Readies NOT Token Launch

Notcoin, the viral Telegram-based game that captivated 35 million players in just three months, is set to introduce its NOT token on The Open Network (TON) imminently.

Plotvinov revealed that the launch of the NOT token is scheduled for the end of April. He outlined three primary ways players can manage their tokens post-launch. The game, which paused its “mining phase” on April 1st to prepare for the token generation event (TGE), plans to reintroduce its coin-tapping gameplay, albeit with some modifications. Players will have the opportunity to earn tokens by interacting with partner content within the game.

An interesting strategy to retain token value within the ecosystem has been shared by Plotvinov. Post-TGE, players will be encouraged to keep their tokens within the game. Using NOT tokens will unlock various benefits, such as enhanced access and privileges, marking a strategic move to maintain player engagement and token utility.

“With the TGE, we unlock the next phase of application in Notcoin, which will allow users to use their Notcoins for better tiers, access, and more,” Plotvinov explained.

Despite the incentivization to spend tokens within the game, Plotvinov anticipates that a “meaningful amount of audience” will continue to engage actively with Notcoin. For those preferring to liquidate, two primary methods for withdrawing NOT tokens will be available. Players can either transfer their tokens to an account on a centralized exchange, though the specific exchanges supporting NOT at launch remain unannounced, or move them to a supported self-custody wallet.

The Notcoin team at Open Builders is committed to ensuring a seamless withdrawal process, a focus that has contributed to the slight delay in the token’s rollout. This approach is intended to streamline the experience for users and solidify the utility of the NOT token within the growing ecosystem of The Open Network.

As Notcoin transitions from a purely gaming phenomenon to a more integrated token-based ecosystem, the forthcoming TGE represents a pivotal moment for both the platform and its vast user base. By fostering a robust in-game economy and providing flexible withdrawal options, Notcoin aims to balance player retention with practical utility, setting a new standard for game-based cryptocurrencies.