Notcoin Community Embarks on Phase 3 of Innovative Crypto Project

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The third stage of Notcoin’s project, a meme currency with a large following of 6 million Telegram users, has begun. The coin’s rising popularity and use are fueling its ambition to expand its reach and become more widely adopted.

Through a post on social media platform X, the team has shared exciting news about the upcoming development of the project. This new phase will mark a significant turning point, shaping the project’s future direction and paving the way for more progress and advancement in the coming years.

Balance Conversion for Enhanced Readability

The Notcoin (NOT) team has made an important change by implementing a balance conversion mechanism. To improve clarity and convenience for users, they have eliminated three zeros from the in-game currency, vouchers, and total supply. This modification simplifies the process of grasping and monitoring the NOT token value for crypto users.

Instead of showing $0.0000123 as the token price, it will now be displayed as 0.0123. Likewise, 10M NOT will be represented as 10,000 NOT, and 80 trillion in-game coins will be shown as 80 billion NOT. This adjustment aims to enhance the user experience by making the token’s value more relatable and intuitive.

Notcoin Tokenomics and Distribution Model

The team has disclosed information about their token economics and distribution plan. With a total supply of over 102 billion NOT tokens, 78% are designated for miners and voucher recipients. This substantial allocation to the community reflects the project’s commitment to creating a decentralized and community-led platform.

Approximately 22% of the remaining funds will be allocated for welcoming new users, supporting traders, launching listing campaigns, and continuously enhancing the token in the future. The specific breakdown of this portion is yet to be determined and will be announced closer to the token’s exchange debut.

In addition, the team has adopted a distribution model that prioritizes users based on their influence and contribution to the platform. This encourages active participation from genuine members while minimizing the impact of bots and inactive accounts, thereby fostering a vibrant and interactive user community.

Milestone Achievements and Community Engagement

The clicker game shared exciting news with its Telegram followers in a separate announcement. They revealed that more than 35 million people have mined the coin within the last three months, demonstrating the game’s extensive reach and acceptance. Moreover, the community has over 2 million Telegram Premium members and nearly 600,000 users who became active after completing the Morse quest. This data highlights the project’s success in generating engagement and involvement.

Additionally, Notcoin intends to create collectible skins as rewards for dedicated users who amass them. This action underscores the project’s appreciation for its devoted community members.

With Phase 3 of Notcoin’s journey underway and the listing date approaching on April 20th, there’s a palpable sense of excitement in the community. Members eagerly await the unveiling of new initiatives and insights into the coin’s future developments.

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2024-04-15 10:42