Notcoin Starts Token Distribution
The Notcoin team has allocated 5% of the total token supply to community members and users of cryptocurrency exchanges. That's more than 500,000 people.
The listing date of NOT on the exchanges was announced last week. After several weeks of waiting and two postponements of the listing, the team of the popular Telegram game finally decided on the release date of its tokens.
The last easy Notcoin
— Notcoin Ø (@thenotcoin) May 12, 2024
Around 5% of the Notcoin supply will be distributed to over 500,000 community members and exchanges users. pic.twitter.com/eEOQGhxDUq
On May 16, NOT trading will become available on Bybit, Binance, OKX, and the Telegram Wallet. Meanwhile, Binance and OKX announced their own rewards program.
OKX will run a "Jumpstart" campaign based around Notcoin and reward those users who stake Toncoin. This campaign will run from May 13 to May 16. OKX users will be offered 1.28 billion NOT tokens. This is 1.25% of the total NOT token supply.
For staking BNB and FDUSD on Binance, more than 3 billion NOTs will be offered, or about 3% of the total supply.
In addition, Wallet users in Telegram will also be offered NOT for providing Toncoin. 1 billion NOT has been allocated for them. The campaign has already started and will last until May 25.
⚡️ In partnership with @thenotcoin, we're allocating one billion NOT tokens to Toncoin holders! Deposit up to 100 Toncoin into your bonus account, and you'll receive 5 $NOT for every TON daily.
— Wallet in Telegram (@wallet_tg) May 12, 2024
Get NOT: https://t.co/vOoCJU8qSg pic.twitter.com/QJYSWaj8Ws
Information about the distribution of NOT among the players of the game itself is still unknown. On its social media accounts, the team emphasized that Notcoin remains the most distributed token of all time, calling its currency a social Bitcoin.
Amid this development, the Toncoin cryptocurrency has risen 5% in the last 24 hours and was trading at $7.16 at the time of writing. Over the past week, the coin's growth has totaled 18%.
