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What is Notcoin? An In-Depth Guide to Staking BNB and FDUSD to Farm Notcoin Tokens

Dorin Buliga by Dorin BuligaVerified Author
May 14, 2024
5 min. read
What is Notcoin? An In-Depth Guide to Staking BNB and FDUSD to Farm Notcoin Tokens

Notcoin began as a viral Telegram game created by Open Builders, designed to introduce users to the world of Web3 through an engaging tap-to-earn mining mechanic.

The game quickly amassed a massive user base, with over 35 million total players and a peak of six million daily active users.

This made Notcoin one of the most popular crypto games, significantly larger than most of its competitors.

How the Game Works

Notcoin is a social clicker game where players earn in-game currency by tapping a gold coin displayed on their screens. The game is integrated into the Telegram app, making it easily accessible to a broad audience. Players invite friends to join, tap the coin to earn Notcoin, and climb up a global leaderboard with different tiers, from Silver to Diamond league.

In addition to the basic tap-to-earn mechanic, players can complete quests, use boosts to increase their earning potential, and purchase cosmetic upgrades with their Notcoin. The game’s engaging nature and the promise of crypto rewards have kept players coming back, even though the mining phase ended on April 1, 2024.

What is Notcoin? An In-Depth Guide to Staking BNB and FDUSD to Farm Notcoin Tokens What is Notcoin? An In-Depth Guide to Staking BNB and FDUSD to Farm Notcoin Tokens What is Notcoin? An In-Depth Guide to Staking BNB and FDUSD to Farm Notcoin Tokens

The Notcoin Token ($NOT)

Notcoin’s transition from a game to a cryptocurrency project is marked by the launch of the $NOT token. The token will go live on The Open Network (TON), the blockchain network originally founded by Telegram.

The total supply of $NOT is 102,719,221,714, with 100% of the tokens being distributed.

Tokenomics

  • Binance Launchpool: 3.00% of the total token supply
  • Miners: 78.00% of the total token supply
  • Ecosystem Fund: 9.00% of the total token supply
  • Community Incentives: 5.00% of the total token supply
  • Development: 5.00% of the total token supply

It’s important to note that while the entire supply will be in circulation upon listing, not all tokens will enter trading immediately. This includes airdrops to miners, which may not be fully claimed at launch, and other allocations that will enter secondary circulation over time.

Staking BNB and FDUSD to Farm Notcoin Tokens

Binance, one of the leading cryptocurrency exchanges, has announced that Notcoin will be the 54th project on Binance Launchpool. Users can stake their BNB and FDUSD to farm NOT tokens over a three-day period, starting from May 13, 2024, at 00:00 (UTC).

Farming Details

  • Stake BNB: 2,619,340,153 NOT in rewards (85% of the total reward pool)
  • Stake FDUSD: 462,236,497 NOT in rewards (15% of the total reward pool)
  • Farming Period: May 13, 2024, 00:00 (UTC) to May 15, 2024, 23:59 (UTC)

After the farming period, Binance will list the NOT token on May 16, 2024, at 12:00 (UTC). The available trading pairs will be NOT/BTC, NOT/USDT, NOT/BNB, NOT/FDUSD, and NOT/TRY.

Claim NOT

https://coineagle.com/wp-content/uploads/2024/05/RPReplay_Final1715374107.mp4
  1. Open the Notcoin Telegram Bot:
    • Start by opening the Telegram app on your device.
    • Navigate to the Notcoin bot using this link: Notcoin Bot.
  2. Start the Bot Interaction:
    • In the chat with the Notcoin bot, type /start and hit send.
    • The bot will respond with options to proceed.
  3. Initiate the Claim:
    • Tap on the “Claim” button that appears after you start the bot.
  4. Connect Your Wallet:
    • Follow the prompts to connect your Tonkeeper or Telegram (TG) wallet.
    • Ensure your wallet is properly set up before connecting.
  5. Navigate Through Icons:
    • After connecting your wallet, you will see either an arrow icon (⬆️) or a minus sign (-).
    • Tap on the arrow icon (⬆️) to proceed.
  6. Transfer Your Notcoin:
    • Choose the option to transfer your Notcoin to Binance.
    • Carefully follow the instructions provided for transferring.

Key Features of Notcoin

Notcoin’s ecosystem is built around four main pillars: Explore, Play, Contribute, and Offer.

  1. Explore: Users earn tokens by discovering new Web3 products.
  2. Play: Users participate in games and earn more tokens.
  3. Contribute: Users add value to the ecosystem and are rewarded.
  4. Offer: Web3 builders can offer their products to the community through Notcoin campaigns.

These features make Notcoin a versatile and community-driven project, encouraging active participation and contribution from its users.

The Future of Notcoin

With the end of the mining phase, Notcoin’s gameplay is on pause, but it will return with some changes after the token launch.

The game will continue to engage users, albeit with a new rewards model, since no new tokens will be minted. Instead, companies looking to gain exposure to Notcoin’s large audience will fund the rewards.

Notcoin also plans to integrate additional features, such as trading bot functionality, allowing users to buy and sell crypto tokens via Telegram. This expansion aims to enhance the user experience and provide more value to the community.

Participating in the Airdrop and Staking

To participate in the Notcoin airdrop and staking, follow these steps:

  1. Register on Binance: If you don’t already have an account, sign up using this link.
  2. Stake BNB or FDUSD: Once registered, stake your BNB or FDUSD in the respective pools to farm NOT tokens.

$NOT Price Prediction

As a community-driven project with a large user base, Notcoin has significant potential.

The integration with Telegram and the unique tap-to-earn mechanic have already proven successful in attracting millions of users.

The launch of the $NOT token on a major exchange like Binance further legitimizes the project and opens up new opportunities for growth.

The initial demand for the NOT token is expected to be high, given the large number of players waiting for the token to launch.

Additionally, the staking and farming incentives will likely drive up interest and participation. The token could reach shortly a market cap of $1B, but due to a constant flow of airdrops in the beginning, NOT could see a drop.

Conclusion

Notcoin is an innovative project that bridges the gap between gaming and cryptocurrency. Its unique tap-to-earn mechanic, combined with the upcoming launch of the $NOT token, offers users a fun and engaging way to earn crypto rewards. By staking BNB and FDUSD on Binance, users can participate in farming NOT tokens and become part of this growing community.

For those interested in exploring new opportunities in the crypto space, Notcoin presents an exciting prospect with its community-centric approach and robust ecosystem. Be sure to follow the updates and participate in the upcoming airdrop to maximize your rewards.

For more details and to participate in the Notcoin ecosystem, visit the Binance Launchpool page and stay tuned for upcoming updates.

Tags: BinanceLaunchpoolNotcoin

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