The Telegram crypto wallet will distribute compensation of $10 million in NOT tokens for problems with the listing of the asset. The project team reported this.
Compensation:
1. Those who have chosen a wallet to receive NOT will receive an additional 10% of coins.
2. Sellers who made transactions on the site on these days will receive a refund of the trading commission for May 16 and 17. And they will remove the commission for P2P transactions from May 20 to May 22 inclusive.
3. Bonuses in the USDT promotion will be increased: they will accrue 250% per annum on USDT on the bonus account on May 15-21.
4. Bonuses in the NOTCOIN promotion will be increased: 10 NOTCOIN will be awarded for each TONCOIN on the bonus account on May 15-21.
All payments will be made by May 26.
Let us remind you that the project team has already announced further steps after the NOT listing. Notcoin co-founder Alexander Plotvinov shared them at the AMA session on OKX:
- Burning unclaimed NOTs (probably there are quite a few of them).
- Development of the gaming ecosystem: Notcoin will provide its infrastructure to third-party developers.
- New game releases: The first game developed on Notcoin is expected to launch in the coming weeks.
DWF Labs (the project’s market maker) announced the imminent appearance of hundreds of Notcoin-style projects on the TON blockchain. Quote from Grachev:
“Are you ready for hundreds of projects like thenotcoin to launch in the coming days?
NOT is currently on the rise, which should encourage people to develop on Ton to replicate the success. For example, after BONK, about 15 thousand memes were created on SOL. Think for yourself, this is not financial advice.”
And although after a couple of days it is incorrect to talk about NOT “on the rise” - its story is clearly just beginning. The#NOTprice reached the expected $0.005 tonight and received a rebound. The daily candle is still with a bullish candle below, but it is still impossible to talk about a reversal. Reversal signals are fulfilled at a minimum or are invalidated, plus another resistance has emerged in the form of a volume level of $0.005548. It’s too early to talk about the likelihood of an upward reversal until the price breaks through the downward trend since May 17.
