Let's talk about Notcoin, which will be listed on Binance soon, and TON ecological opportunities
I have not participated in the investment of Notcoin/TON, and this is not an investment advice.
Notcoin is rumored to be a Pi-like zero-cost platform supported by the TON Foundation to prove the growth capacity of Telegram/TON. The Chinese community likes to call it "dividing by dividing", which literally means digging coins by dividing by dividing. The game itself has added some referral/team mechanisms.
The token itself is fully circulated, with Binance Launchpool accounting for 3%, miners accounting for 78%, ecological funds accounting for 9%, and community incentives and Development accounting for 5% each. In other words, the cost of 78% of the chips is 0, and you can consider whether to take it or not. I personally think that from the perspective of the chip structure, it is necessary to wait for a full wash to raise the market average cost, but from the perspective of the volatility of the new coin listing, if it opens low, you can let go of your mentality like BounceBit went online yesterday. TON and TON Ecosystem The story of TON is already well-known. 900 million Telegram users directly own encrypted wallets, which is equivalent to WeChat skipping the banking system and directly connecting to Crypto Wallet, and supporting Tether's native USDT, plus Javascript Mini App similar to WeChat applet.
The current TON is the second test network of the TON whose ICO was stopped by the SEC. A few weeks after the refund of legacy TON in 2020, a mining contract was suddenly released, but there was no documentation. It was not until a year later in 2021 that the current TON was jointly launched by FTX and OKX. Then it is obvious who has the ability to mine 80-90% of the supply of TON in this year. In other words, to put it bluntly, the advantages and disadvantages of TON coins are the same, that is, more than 80-90% of pre-mining. Optimists think that high control will make it easier to pull the market, and pessimists think that you can't make money.
By the way, among Asian exchanges other than Binance, OKX is an IEO, and Bybit/Kucoin/MEXC and others have also participated in TON's OTC investment. It must be mentioned here that TON's OTC Deals have many deals, with different prices and unlocking times. If you want to increase your investment in TON, you need to do a good investigation.
In other words, the remaining exchanges have all joined the train, and now Binance has also started to launch ecological projects.As for whether Binance is likely to launch TON, and whether it will be a pull or a dump after it is launched, this is a philosophical question, you can consider it yourself. I think participating in the TON ecosystem is a better way to establish exposure. For example, Catizen is the most popular game on TON besides Notcoin, and its position is similar to the jump/shooting plane of WeChat applet.
It is also worth noting that USDC on TON applications will emerge as the supply increases. Whether the coins of these applications are given a chance is another matter, but we must keep a close eye on it.
Launchpool new rules Time: 8:00 on May 13, 2024 (East 8 District), mining lasts for three days. The pledged currencies are BNB and FDUSD, of which the BNB mining pool accounts for 85% and the FDUSD mining pool accounts for 15%. The total issuance of FDUSD has increased a lot compared with the previous bloody periods, so there is no doubt that BNB mining is still the most cost-effective. Total mining volume: 3,081,576,651 (3% of total supply)
