Notcoin token to launch May 16 following multiple delays

Notcoin, the Telegram-based game that caught the attention of millions of people, paused its gameplay in April ahead of its anticipated token launch, but is now scheduled to launch on May 16.

The NOT token minted on the Open Network (TON) will be listed on OKX and Bybit. OKX plans to organize a ‘jumpstart’ campaign around the token, rewarding customers who stake Toncoin (TON) by receiving a share of Notcoin tokens.

The campaign begins with 1.28 billion NOT tokens available to OKX users on May 13, accounting for 1.25% of the total NOT token supply. Bybit has yet to announce a similar rewards program.

The claim process for Notcoin players who win NOT through gaming remains unclear. Notcoin co-creator Sasha Plotvinov recently stated that players will be able to transfer NOT tokens to a central exchange or withdraw them to their own custodial wallet.

Notcoin became a viral sensation earlier this year, attracting 35 million players who tapped an image of a token to earn in-game coins. The game ended its mining phase on April 1. Originally, the team planned to launch the token on April 20 to coincide with the Bitcoin halving. However, the launch was delayed twice as the team worked to ensure a smooth deployment.

Plotvinov emphasized that the launch of the NOT token is just the beginning, as Notcoin aims to continue developing new social games and experiences with ongoing NOT token rewards.

Binance Launchpool announces NOTE

Binance announced NOT as the 54th project in the Binance Launchpool. From May 13 to May 15, users can stake BNB and FDUSD in separate pools to collect NOT tokens before trading opens with various pairs on May 16.

The project aims to engage users through tap-to-win mechanics. Constant airdrops may cause price fluctuations and KYC is required for staking.