Emission Burned $3M in Notcoin (NOT), Leaving 94.18% NOT To 11.5M People
The Notcoin team claimed that $3 million in NOT coins were destroyed from the emission, leaving 94.18% of NOT with 11.5 million individuals.
Rada Mateescu Rada MateescuChecked Author Jun 25, 20242 min. Read Key Points
The emission burnt $3 million in NOT coins, according to Notcoin.
Incentives for Notcoin Explore Gold and Platinum customers include $4.2 million.
The Notcoin team made a major statement on X. NOT tokens worth $3 million were burnt from the emission, and Notcoin Tokenomics is now more community-oriented.
They also announced $4.2 million would reward Notcoin Explore Gold and Platinum users.
The Notcoin team said that 94.18% of NOT is currently in the hands of 11.5 million merchants, miners, stakers, and more after the burn.
5.82% is in the treasury for future growth.
They remarked that the future looks bright with the community as the key shareholder.
As of this writing, NOT has a market value of over $1.48 billion and is up 6% in 24 hours.
Notcoin's team posted on X that Notcoin is a community. Ups and downs, development, and enjoyment characterised the project's month-long path to exchange listing.
They said Notcoin developed a new mining app section in Telegram and increased the TON ecosystem, becoming a key crypto player.
Notcoin has been listed on major crypto exchanges and had a “nice ride” with launch pools, attracting millions of traders.
The article says unclaimed tokens are sorted into three groups:
NOTCOIN—what is it?
Notcoin originated as a popular Telegram clicker game that recruited many Web3 users via tap-to-earn mining.
Find Web3 goods to earn NOT, a community token. Users may also play new games and earn by contributing to the ecosystem.
Notcoin campaigns let Web3 developers sell their goods.
His goal for the next four years is to construct sustainable and efficient subsystems to make the project independent of the team.
#NOT #Notcoin @The Notcoin Official $NOT