Binance Unveils Notcoin (NOT) Launch on Binance Launchpool

Binance Launchpool is offering users the opportunity to earn Notcoin (NOT) tokens until May 15 by staking their BNB or FDUSD stablecoin. The distribution will see 3% of the total NOT supply allocated to Launchpool participants, with 85% going to BNB stakers and 15% to FDUSD stakers. Binance will also list NOT for trading on May 16 with the "Seed Tag," indicating its early developmental stage.

Binance Announces Notcoin (NOT) Launch on Binance Launchpool

Binance, the leading cryptocurrency exchange, has unveiled Notcoin (NOT) as the latest project to be featured on its Binance Launchpool staking platform. The highly anticipated launch will allow users to earn NOT tokens by simply staking their Binance Coin (BNB) or the FDUSD stablecoin.

Earning NOT Tokens on Binance Launchpool

From May 13 (00:00 UTC) to May 15 (23:59 UTC), users can participate in the NOT token farming event on Binance Launchpool. The amount of NOT tokens earned will be proportional to the number of tokens staked.

Binance plans to distribute 3% of the total NOT token supply to users participating in the Launchpool event. This translates to approximately 3 billion NOT tokens out of a total supply of 102.7 billion tokens.

Distribution of Token Rewards

The distribution of token rewards will be divided between BNB stakers and FDUSD stakers. BNB stakers will receive 85% of the rewards, while FDUSD stakers will receive 15%. However, it's important to note that the actual earnings may vary depending on the size of the staking pools.

Binance Listing and Seed Tag

In addition to featuring NOT on its Launchpool platform, Binance will also list the token for trading on its exchange. Trading will commence on May 16 at 12:00 UTC in trading pairs against BTC, USDT, BNB, FDUSD, and TRY.

It's worth noting that Binance will assign the "Seed Tag" to NOT. This tag is used to denote crypto projects that are still in the early stages of their development. Cryptocurrencies with this tag were previously known as part of the "Innovation Zone." The purpose of the Seed Tag is to inform users that the cryptocurrency may be subject to higher volatility and risk compared to established cryptocurrencies.

Understanding Notcoin (NOT)

Notcoin initially gained prominence as a simple clicker game that could be played as a Mini App within the Telegram messenger. By tapping on a shiny coin image, players could accumulate points and activate bonuses to increase their earnings.

The social aspect of the Notcoin Mini App, which allowed users to create "Squads" and compete with others on leaderboards, contributed to its viral success, reaching millions of users.

Now, the Notcoin team is introducing the NOT token on the TON Blockchain platform. The token is designed as a community token that enables users to earn rewards by participating in the web3 ecosystem, playing games, or contributing to its development.

How to Participate in the NOT Launchpool

To participate in the NOT farming event on Binance Launchpool, users will need a Binance account and either BNB or FDUSD tokens for staking.

Users who have not completed Binance's identity verification process will not be eligible to participate. Once the account is verified and funded, users should navigate to the "More" section of the Binance interface, select "Launchpad & Launchpool," and choose the NOT farming pools.

Key Dates and Information

For ease of reference, here is a summary of key dates and information about the Notcoin Launchpool campaign:

Notcoin (NOT) Launchpool

• Start Date: May 13, 2024, 00:00 UTC
• End Date: May 15, 2024, 23:59 UTC
• BNB Pool Daily Rewards: 873,113,384 NOT
• FDUSD Pool Daily Rewards: 154,078,832 NOT
• Listing Date: May 16, 2024, 12:00 UTC

Investment Disclaimer

Users should note that investing in cryptocurrencies carries inherent risks and should consult their financial advisors before making any investment decisions.