Tokenomi Notcoin (NOT)

Notcoin ($NOT) is a community-driven token designed to onboard users into the Web3 ecosystem, primarily through a "tap-to-earn" game on Telegram. The tokenomics emphasize community distribution and supply management through burning mechanisms.

Issuance and Allocation Mechanism

The total supply of Notcoin is approximately 102.49 billion NOT tokens, following a token burn event.

Allocation Breakdown

The token distribution is heavily weighted toward the community and ecosystem incentives, with a significant portion allocated to users who participated in the initial mining phase.

• Community Mining (78%): The vast majority of the token supply was distributed to the 35 million users who participated in the initial "tap-to-earn" mining phase.
• Ecosystem Incentives and Future Development (22%): The remaining 22% of the tokens are reserved for new users, traders, and future development phases.
• Binance Launchpool: Approximately 3% (or 3.08 billion NOT tokens) was allocated for rewards through the Binance Launchpool, where users could stake BNB and FDUSD.

Supply Management (Burning)

Notcoin employs a token burning mechanism to manage the circulating supply, increase scarcity, and support long-term value.

• Total Burned: Approximately 233.5 million NOT tokens have been burned.
• Sources of Burned Tokens:
  • Unclaimed Tokens: Around 210 million NOT came from unclaimed tokens from the Notcoin Clicker game.
  • Notcoin Explore Pools: Approximately 16 million NOT came from 10% of every pool from Notcoin Explore.
  • Other Sources: The remaining tokens were burned through random fun, stars, and big burn donations (around 6.9 million NOT).

Usage and Incentive Mechanism

The primary function of Notcoin is to serve as an economic incentive within its ecosystem, encouraging user participation and platform usage.

• Incentivizing Users: The token is used to reward the 35 million users who participated in the initial mining phase.
• Notcoin Explore: A $4.2 million incentive plan was introduced to reward Gold and Platinum users on the Notcoin Explore platform, encouraging engagement with the ecosystem.
• Trading and Exchange: Users can earn, buy, or sell Notcoin, and it is available for purchase on exchanges under various trading pairs.

Locking Mechanism and Unlocking Time

The initial distribution of Notcoin was heavily focused on immediate circulation, with 100% of the circulating supply available shortly after launch.

• Circulating Supply: The circulating supply is currently at 100% of the total supply, indicating that the tokens allocated to the community and initial distribution are fully released.
• Future Unlocks: Information regarding future scheduled token unlocks for Notcoin was not available.