History of Notcoin
The history of Notcoin (NOT)
is a remarkable story of a simple "tap-to-earn" Telegram game
evolving into a major cryptocurrency project on The Open Network (TON)
blockchain. Here is a timeline and overview of its key historical moments: The Game and Viral Launch (Late 2023 - Early 2024) November 2023: Notcoin was first launched in a closed
beta as a simple, free-to-play mini-application within the Telegram
messenger. It was developed by Open Builders and was built on the
TON blockchain, leveraging Telegram's massive user base. The initial concept
was a memecoin" without a specific goal, just aimed at viral adoption. The
project's Whitepaper famously consisted of blank pages. January 1, 2024
(Official Launch): The game officially launched to the public. The core
mechanic was a straightforward "clicker game" where users would tap
an animated coin on their screen to earn in-game Notcoins (points). Rapid
Growth: The project went viral almost instantly due to its simplicity,
no-cost entry barrier, and integration with Telegram. It attracted over 5
million users in the first week. It reached a peak of 35 million total
users and over 6 million daily active users (DAUs) globally. Players could
also earn points by completing simple tasks related to the TON ecosystem and
inviting friends (squads). Mining
Phase Ends and Token Transition (April - May 2024) April 1, 2024 (Mining Conclusion): The initial
"mining" phase of the game officially ended, temporarily halting the
accumulation of in-game Notcoins. All user balances were recorded. Pre-Market
Trading: Before the official token launch, the team allowed pre-market
trading of Notcoin vouchers on the GetGems NFT marketplace (on TON), allowing
users to speculate on the token's future value. Airdrop Conversion:
Users were informed that their accumulated in-game Notcoins would be converted
to the actual NOT cryptocurrency token on the TON blockchain at a 1000:1
conversion rate (1,000 in-game points became 1 NOT token). Official Cryptocurrency Launch (May 2024) May 16, 2024 (Token Generation Event & Listings):
The official NOT cryptocurrency token was launched and was listed on
major global cryptocurrency exchanges like Binance, OKX, and ByBit. This
was a pivotal moment, transforming the in-game points into a real, tradable
crypto asset. Tokenomics: 100% of the token supply (approx. 102.7
billion NOT) was released on day one, with a substantial portion allocated to
the early miners and voucher holders, emphasizing a community-focused
distribution with no investor vesting schedule. Market Success:
Following the launch, NOT saw significant trading volume and market
capitalization, quickly establishing itself as a major player in the GameFi and
TON ecosystems. Legacy and Ecosystem Expansion Notcoin's history is seen as a major case study in Web3
mass adoption, successfully onboarding tens of millions of
non-crypto-native users into the cryptocurrency world through a fun, social,
and accessible gaming model on Telegram. The project continues to expand its
ecosystem with features like Notcoin Explore to reward users for
discovering new Web3 products and developing a gaming hub on Telegram.
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