Notcoin (NOT), a gaming token boasting over 35 million users, has made waves in the crypto world by debuting with a fully diluted value (FDV) of $1 billion on the Ton blockchain. The token, distributed through airdrops and various exchanges, garnered significant attention with a staggering $294 million in trading volume within its first hour of trading, as reported by CoinMarketCap.

Game Adoption Drives Token Distribution

Early adopters of the game, accessible via the Telegram app, acquired Notcoin between January and April through interactive gameplay, including clicking on virtual coins and completing in-game challenges. A press release revealed that in-game balances were converted at a ratio of 1000:1.

Token Allocation and Staking Mechanism

Notcoin boasts a maximum supply of 102 billion tokens, with 4.5% allocated to users on Binance Launchpool and OKX Jumpstart. To encourage token retention, the project has introduced a staking mechanism, incentivizing airdrop recipients to hold their tokens. Staking will unlock additional rewards and access to exclusive staking pools based on the player’s in-game level.

Proud Milestone for Developers

Sasha Plotvinov, founder of Notcoin developers Open Builders, expressed pride in the token’s viral growth, emphasizing its role in introducing millions to crypto and the Ton ecosystem. “It’s been an amazing few months,” Plotvinov remarked, highlighting the project’s success in engaging a large user base and driving adoption.

Notcoin’s impressive debut underscores the growing intersection between gaming and blockchain technology, showcasing the potential for innovative token models to captivate audiences and drive value within the crypto landscape.