OKX and Binance, two leading global crypto exchanges, recently announced the listing of Notcoin (NOT) on their respective platforms.
The crypto community expressed enthusiasm following this announcement.
Will Notcoin Advance the TON Blockchain Ecosystem?
OKX will leverage its Jumpstart platform for new crypto projects. This platform allows Toncoin (TON) holders to stake their coins to earn NOT tokens. They have set a maximum staking limit of 4,000 TON per participant. According to the schedule, staking will begin on May 13, 2024, at 06:00 UTC.
Additionally, Binance Launchpool has introduced Notcoin as its 54th project. Users can farm NOT by staking BNB and First Digital USD (FDUSD). Farming will start on May 13, 2024, at 00:00 UTC.
Notcoin, a community token within the TON Blockchain, initially gained popularity through the viral Telegram "tap-to-earn" game. The game has already attracted 35 million players and successfully introduced users to Web3 technology.
Currently, Notcoin focuses on ecosystem development, including gaming platforms and Web3 project exploration tools.
The official launch date for Notcoin remains unannounced. However, its listings on CoinGecko and CoinMarketCap suggest an imminent release.
Interestingly, this development has positively impacted Toncoin, TON Blockchain’s native token. Its price surged approximately 11.32% in the last 24 hours, trading at $6.57 at the time of publication.
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FAQs
1. What is Notcoin (NOT)?
Notcoin is a community token within the TON Blockchain, originating from a viral Telegram game.
2. How can I earn NOT tokens?
OKX Jumpstart allows TON staking, while Binance Launchpool supports BNB and FDUSD staking to farm NOT.
3. Why did Toncoin’s price rise?
The anticipation around Notcoin’s listing and TON Blockchain’s ecosystem growth drove Toncoin’s price increase.
4. When does NOT staking begin?
OKX staking starts May 13, 06:00 UTC; Binance farming begins May 13, 00:00 UTC.
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TON Blockchain’s Growing Momentum
Beyond Notcoin’s launch, TON Blockchain has gained attention due to strategic partnerships and major investments. Pantera Capital recently declared TON its "largest investment ever," though the amount remains undisclosed.
In a recent blog post, Pantera CEO Dan Morehead highlighted Telegram founder Pavel Durov’s commitment to freedom and openness, principles foundational to Telegram and TON Blockchain.
"We are honored to partner with individuals holding such strong convictions. Pantera recently made its largest investment ever in TON."
Dan Morehead, CEO of Pantera Capital
Ryan Barney, a partner at Pantera Capital, further explained their investment rationale:
"Telegram integrates blockchain technology into its community. This adoption will be seamless, especially with their recent rollout of blockchain wallets to 930 million users."
Ryan Barney, Partner at Pantera Capital
Rising Interest in Gaming Tokens
The crypto and Web3 sectors show increasing interest in gaming-themed tokens. For instance, Saga’s SAGA token listing on Binance attracted significant attention, with over $13 billion in BNB and FDUSD staked within 24 hours of its Launchpool debut.
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Venture capital continues to shape Web3 gaming niches. Major investments from firms like Andreessen Horowitz (a16z) signal growing industry interest in this sector.
What are your thoughts on Notcoin’s listing? Share your opinions in the comments!
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