{"id":31086,"date":"2024-04-12T00:07:40","date_gmt":"2024-04-12T00:07:40","guid":{"rendered":"http:\/\/icoinmarket.com\/heres-how-many-notcoin-tokens-youll-get-for-your-in-game-coins\/"},"modified":"2024-04-12T00:07:40","modified_gmt":"2024-04-12T00:07:40","slug":"heres-how-many-notcoin-tokens-youll-get-for-your-in-game-coins","status":"publish","type":"post","link":"https:\/\/icoinmarket.com\/heres-how-many-notcoin-tokens-youll-get-for-your-in-game-coins\/","title":{"rendered":"Here’s How Many \u2018Notcoin\u2019 Tokens You’ll Get for Your In-Game Coins"},"content":{"rendered":"


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Notcoin<\/span>\u2019s planned token launch on <\/span>The Open Network<\/span> (TON) is just over a week away, and the team behind the viral Telegram-based game has shared some key details about how players\u2019 earned in-game coins will be converted to on-chain tokens.<\/span><\/p>\n

Players racked up trillions upon trillions of in-game coins by tapping their phone screens, but that huge tally was sure to make trading crypto tokens a bit of a headache. The Notcoin team had previously said that it planned to knock off some zeros during the conversion process to make things more manageable once minted, and now we know how that\u2019s going to work.<\/span><\/p>\n

Notcoin plans to move the decimal point to the left by three numbers. So if you mined 1,000 in-game coins, then you\u2019ll get a single Notcoin. Mined 10 million coins? If so, then you\u2019ll get 10,000 of the on-chain tokens. And if you mined 532,487 coins, then you\u2019ll get 532.487 NOT.<\/span><\/p>\n

In other words, the conversion rate is 1,000 in-game coins to a single NOT crypto token. That\u2019s true for everyone, so players aren\u2019t getting \u201cfewer\u201d coins via this process\u2014it\u2019s just the conversion rate that\u2019s been chosen to bring players\u2019 earnings on-chain.<\/span><\/p>\n

According to the team, there will be 102,719,221,714 NOT minted in total. Of that, about 80.2 billion NOT will go to players\/miners, while 22.5 billion NOT\u2014which was at least in part donated by players to an ecosystem fund\u2014will be used to pay out token rewards in the game after the mint, as well as to fund future development and other initiatives.<\/span><\/p>\n

Notcoin also said it is purging suspicious accounts that it believes are automated bots that used scripts to manipulate the game.<\/span><\/p>\n

Furthermore, developer Open Builders detailed the <\/span>future gameplay model<\/span> in which external projects can buy NOT tokens from the open market and pay it into the game, thus rewarding players with crypto rewards for interacting with their content. <\/span>Decrypt<\/span>\u2019s GG <\/span>first reported details<\/span> of the planned shift last week.<\/span><\/p>\n

It\u2019s an evolution of what\u2019s already been in the game, with players earning in-game coins for following Telegram channels or Twitter accounts or visiting project websites.<\/span><\/p>\n

But in the future, these companies will pay for the right to be exposed to Notcoin\u2019s 35 million players, with a portion of that payment also put into the NOT treasury\u2014and another portion burned forever, gradually cutting the overall Notcoin supply along the way.<\/span><\/p>\n

Notcoin is also planning new monthly \u201cexperiences\u201d to shake up the gameplay, keep players checking back, and deploy fresh meme tokens along the way.<\/span><\/p>\n

The Notcoin token launch is currently planned to take place <\/span>on or around April 20<\/span>\u2014the same expected date as the <\/span>Bitcoin halving<\/span>.<\/span><\/p>\n

Pre-market vouchers<\/span> for Notcoin have roughly doubled in price over the last couple weeks, with an NFT voucher for 10 million in-game coins (or 10,000 TON tokens) rising from a price of about $50 worth of Toncoin (TON) to about $90 to $100 worth as of Thursday.<\/span><\/p>\n

Edited by Ryan Ozawa.<\/p>\n

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Notcoin\u2019s planned token launch on The Open Network (TON) is just over a week away,…<\/p>\n","protected":false},"author":1,"featured_media":31087,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[25],"yoast_head":"\nHere's How Many \u2018Notcoin\u2019 Tokens You'll Get for Your In-Game Coins - iCoinMarket<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/icoinmarket.com\/heres-how-many-notcoin-tokens-youll-get-for-your-in-game-coins\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Here's How Many \u2018Notcoin\u2019 Tokens You'll Get for Your In-Game Coins - iCoinMarket\" \/>\n<meta property=\"og:description\" content=\"Notcoin\u2019s planned token launch on The Open Network 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