After amassing some 35 million players in the first three months of this year, the viral Telegram-based game Notcoin prepares to launch its NOT token on The open network (TON) in the the coming days. And now we know what to expect from this launch.
Notcoin's NOT Token Was Set to Launch by the end of Aprilsaid co-creator Sasha Plotvinov Decrypt's GG at Token 2049 Dubai last week. And there will be three key options for managing your funds from there, he explained.
While the “mining phase” of the game ended on April 1 in preparation for the token launch, Notcoin will bring back its minting gameplay after the Token Generation Event (TGE). There will be some changes to the modelas Decrypt's GG has already detailed it, but players can earn tokens by interacting with partner content in the game.
Once the token is launched, there will also be incentives for players has not withdraw their tokens. He said DecryptGG that there will always be opportunities to spend the token in-game to unlock certain opportunities or additional access.
“Once you look at the list, with the TGE we are essentially unlocking our next phase application in Notcoin, which will also allow users to use their Notcoins to have better levels, better access (and) better things ” said Plotvinov.
He expects a “significant number of spectators” to stick around and continue playing, and potentially use their tokens in the game. But for those who want to cash out their NOT tokens on The Open Network, there will be two main ways of receiving their coins.
The first will be to withdraw the tokens to an account on a centralized exchange. He did not specify which exchanges would support NOT at launch, and a representative for Notcoin did not immediately clarify when contacted by Decrypt for this article.
If you prefer to withdraw your NOT to a supported standalone custodial wallet, that will also be an option. In both cases, the Notcoin team at Open Builders aims to make the process smooth, which was cited as one of the main reasons for the token's delay in the first place.
Edited by Ryan Ozawa.