Originally slated to coincide with the Bitcoin halving, the much-anticipated token mint for the viral Telegram-based game Notcoin will not proceed as scheduled. Representatives of Notcoin have informed the community through a live stream that the launch, set to occur on The Open Network (TON), will not take place on April 20 as initially planned, aligning with the Bitcoin halving.
The postponement was announced via a Telegram community livestream earlier this week, with subsequent social media posts indicating a vague new timeline of “soon.”
Notcoin, a popular Telegram clicker game, recently concluded its “mining phase” ahead of the token launch. The game, which amassed over 35 million users tapping away at a virtual coin, is set to transition to the tokenized phase, with in-game coins converting to NOT tokens on The Open Network.
Notcoin’s conversion rate for the on-chain token has been disclosed as 1,000 to 1, meaning players who accumulated 1 million in-game coins will receive 1,000 NOT tokens once the launch occurs.
Post-launch, Notcoin plans to introduce a new funding model allowing projects to tap into its substantial player base for exposure. These projects will have the opportunity to advertise within the game, incentivizing player engagement by rewarding them with NOT tokens. To participate, projects will need to acquire NOT tokens from the open market.
Disclaimer: The information provided in this post is for general informational purposes only and should not be considered professional or financial advice.
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