Notcoin

Overview

Notcoin (NOT) is a meme cryptocurrency launched on the TON blockchain in January 2024. It originated from a mobile game where users tap on a coin to earn points, which could later be converted to NOT tokens.

Purpose and Utility

The stated purpose of Notcoin is to serve as a community token within the TON ecosystem. The project started as a simple mobile game but evolved into a cryptocurrency with basic utility features including staking and governance capabilities.

Business Model & Implementation

The primary mechanism involves users playing the tapping game to earn points, which can be converted to NOT tokens. The project has implemented staking features and promises future governance utility. There are no clear indicators of involvement in prohibited activities like gambling or interest-based lending.

Development & Adoption

The project maintains active development on the TON blockchain. The game has attracted millions of users, though much of the current activity revolves around trading on decentralized exchanges. The development team remains anonymous but has consistently delivered on promised features.

Token Distribution

The token distribution includes allocations for game rewards, team development, and marketing. While specific vesting details aren't publicly available, the token distribution appears relatively balanced between different stakeholders.