Notcoin (NOT) is set to debut on Binance and OKX this Thursday, with a flurry of activity already underway. The viral Telegram-based game's developer, Open Builders, has kicked off the in-game claim process ahead of schedule, opening the doors for its 35 million players.
Players are now empowered to decide the fate of their earned NOT tokens, distributed at a ratio of 1,000-to-1 based on their in-game coin mining efforts earlier this year. This means that for every 1,000 in-game coins mined, players can claim 1 NOT token on The Open Network.
Options abound for players, who can deposit their NOTs on Binance, OKX, Bybit exchanges, or utilize the wallet app on Telegram. Deposits are currently open all day Tuesday, with a brief pause slated for Wednesday before the token's official listing.
Additionally, players have the opportunity to stake their tokens, unlocking higher status levels and gaining access to exclusive projects. Withdrawal to a self-custodial wallet will also be an option starting Thursday.
Binance and OKX have wasted no time in launching staking reward campaigns, collectively distributing over 4 billion NOT tokens, which equates to over 4% of the total supply. Binance's Launchpool campaign alone will distribute over 3 billion NOT tokens, garnering significant enthusiasm from users who have already staked approximately $13.7 billion in Binance Coin (BNB) and FDUSD stablecoin, with the total momentarily exceeding $14 billion as of Monday.
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