Notcoin Token Launch on The Open Network Postponed Indefinitely

The launch of Notcoin, a viral Telegram-based game's on-chain token, has been delayed and will no longer coincide with the Bitcoin halving on April 20. The token launch on The Open Network (TON) has been slightly delayed as the team finalizes preparations. Notcoin, which allows players to earn in-game coins by clicking, attracted over 35 million Telegram users and will convert in-game coins to NOT tokens at a rate of 1,000 to 1 when launched.

Notcoin Token Launch on The Open Network Postponed, New ETA: "Soon"

Telegram-Based Game's On-Chain Token Mint Delayed

The highly anticipated token launch for Notcoin, the viral Telegram-based clicker game, has been postponed from its original expected date of April 20, coinciding with the Bitcoin halving.

Postponement Confirmed by Representatives

Notcoin representatives confirmed the delay to Decrypt's GG, stating that the token launch on The Open Network (TON) would not occur on April 20 as previously announced.

Reason for Delay: Final Preparations

The project attributed the postponement to ongoing efforts to align all necessary elements for a successful launch. "The team works to line everything up," a Notcoin representative told Decrypt's GG.

Bitcoin Halving and Token Launch Separation

Traditionally associated with a surge in BTC value, the Bitcoin halving occurs every four years, halving the reward earned by miners, thereby slowing the growth of the token supply. The impact of the halving on token prices is often delayed and sustained.

Telegram Game's Popularity

Notcoin, a simple yet addictive game, has garnered over 35 million Telegram users. Players click on a gleaming coin image to earn in-game coins, which will be converted into NOT tokens upon launch.

Token Conversion Rate Revealed

Last week, Notcoin disclosed the conversion rate for the on-chain token, setting it at 1,000 in-game coins to 1 NOT token. Users with 1 million in-game coins, for instance, will receive 1,000 NOT tokens on TON once the launch occurs.

Notcoin's New Revenue Model

Following the token launch, Notcoin will adopt a new monetization model supported by projects seeking exposure to the game's vast player base. Projects will advertise within the game, incentivizing players to interact with their content in exchange for NOT tokens.

Toncoin's Surge Amid Notcoin Hype

The native token of The Open Network, Toncoin (TON), has experienced a significant price increase in recent months, fueled by Notcoin's popularity and increased network activity. Over the past three months, its value has almost tripled, reaching $6.14 at the time of writing, according to CoinGecko data. Last week, TON reached an all-time high of $7.63.

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