اقتصاد توکنی Notcoin (NOT)

Notcoin ($NOT) is a community-driven token operating on The Open Network (TON) blockchain, primarily known for its viral "tap-to-earn" game within the Telegram app. Its tokenomics are designed to reward early community participation and incentivize ecosystem growth, featuring a fixed supply and a deflationary mechanism through token burning.

Issuance Mechanism

Notcoin operates with a fixed total and maximum token supply of 102,719,221,714 NOT.

Unlike inflationary models, Notcoin's issuance mechanism is centered around the initial distribution of this fixed supply, with 100% of the total supply intended to be in circulation upon listing. This initial circulation includes tokens allocated to miners (early users) which may not be immediately claimed.

Allocation Mechanism

The token allocation strategy for Notcoin heavily favors the community, particularly early participants (miners).

The total supply of 102.7 billion $NOT is distributed across several key categories:

• Early Miners and Voucher Holders: The largest portion, 78% (approximately 80.2 billion tokens), was allocated to early miners and voucher holders who participated in the initial tap-to-earn game phase. This allocation emphasizes a community-first distribution model.
• Initial Exchange Offerings (IEOs): A portion of the supply, specifically 3.00% (approximately 3.08 billion NOT tokens), was allocated for the Binance Launchpool rewards.

It is important to note that a 1,000:1 conversion ratio was applied, where every 1,000 in-game Notcoins converted to 1 NOT token upon the token's launch.

Usage and Incentive Mechanism

Notcoin's utility and incentive structure are focused on driving user engagement, ecosystem exploration, and maintaining token scarcity.

Core Utility and Incentives:

1. Play-to-Earn Rewards: The primary incentive mechanism was the initial "tap-to-earn" game within Telegram, where players accumulated in-game Notcoins, which were later converted to $NOT tokens. This model successfully onboarded over 35 million users.
2. Ecosystem Exploration: Users are incentivized to discover and interact with Web3 products through the "Notcoin Explore" platform, earning rewards for contributing to the growth of partner projects. For example, users earned approximately $7 million by exploring partner projects and received $3.3 million airdropped in $DOGS tokens.
3. Staking: Notcoin introduced staking opportunities to incentivize token holders to contribute to network stability and earn rewards. This mechanism provides access to more lucrative staking pools.
4. Community Contribution: Users are rewarded for adding value to the ecosystem, which includes participating in new games and contributing to the platform's growth.

Deflationary Mechanism (Token Burning):

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

• Total Burned: Over 233.5 million NOT tokens have been burned through various initiatives.
• Sources of Burned Tokens:
  • Approximately 210 million NOT came from unclaimed tokens from the Notcoin Clicker game.
  • Approximately 16 million NOT came from a 10% burn from every pool in Notcoin Explore.
  • Approximately 6.9 million NOT came from big burn donations and random fun/stars.
• The project also announced a burn of $3 million worth of NOT tokens to manage circulating supply.

Locking Mechanism and Unlocking Time

The initial circulating supply of $NOT was set at 100% of the total token supply upon listing. This means that, unlike many projects with long vesting schedules for team and investors, the majority of the supply (78% allocated to miners) was immediately available to the community upon the token generation event (TGE).

While the initial circulation was 100% of the total supply, the actual amount entering trading immediately was subject to the claiming process by miners. The project noted that 100% circulation upon listing does not mean all tokens enter trading immediately, as airdrops belonging to miners may not be fully claimed.

Information regarding specific, scheduled, long-term vesting or locking mechanisms for the Ecosystem Fund, Community Incentives, or Development allocations was not available. The focus of the token launch was on the immediate distribution to the massive user base.