Bittime - Notcoin, the viral clicker game, has officially ended its mining phase on Monday. This marks the end of the player's time collecting Notcoins through simple gameplay by tapping coins. However, this is preparation towards the official token launch andanticipated airdrop.
The NOT Token launch coincided with the Bitcoin Halving
The good news is that Notcoin now has a target date for their token launch. This date may be familiar to those of you who follow the latest Bitcoin developments. Through a Twitter post uploaded on Tuesday, Notcoin plans to launch their NOT token on The Open Network (TON) network around April 20. Interestingly, the date coincides with the estimated Bitcoin halving schedule.
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Connection with Bitcoin Halving
Notcoin's development team, Open Builders, previously provided a little insight into the connection between the launch of their token and the Bitcoin halving. However, on Tuesday, they officially announced a target launch date of April 20, which also happens to be a famous meme number (4/20) that sparked a lot of discussion and enthusiasm around the Bitcoin halving.
Also Read: What is Bitcoin Halving and How Does It Affect Bitcoin?
What is Bitcoin Halving?
Bitcoin Halving is an event that occurs approximately once every four years. This event aims to halve the amount of BTC generated by miners. Halving is designed to slow the circulation of new Bitcoins and control inflation. Historically, this event has been associated with an increase in the price of Bitcoin.
Also Read: Buy Bitcoin Before or After the Halving? Here's the Guide!
35 Million Players and Pre-Market Trading
Since launching to the public in January, Notcoin has attracted more than 35 million players, with peak daily active users (DAU) reaching more than 6 million. Through coin-tapping gameplay within Telegram, players can mine or earn in-game Notcoins which will later be converted into tokens that can be traded on the blockchain later this month.
Interestingly, Notcoin has allowed users to speculate on the price of NOT tokens through pre-market trading which was launched in March via NFT vouchers.
Active players who have accumulated a minimum of 10 million coins in the game can convert their holdings into NFTs on The Open Network. These NFTs can be traded and can later be exchanged for on-chain tokens.
To date, an NFT voucher for 10 million in-game coins typically sells for around $52 worth of Toncoin (TON) via the GetGems marketplace. The total trading value of Notcoin vouchers has reached more than $14 million so far.
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Will it Have a Positive Impact?
Notcoin's decision to launch their token to coincide with the Bitcoin halving certainly attracted attention. Will this strategy have a positive impact on the value of NOT tokens in the future? Let's just wait and see how it develops. Notcoin players who have collected in-game coins are advised to stay up to date with the latest information regarding the token launch and airdrop process.
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How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Learn Complete Guide How to Buy Crypto on Bittime .
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read:
5 Halving Cycles You Should Know
Get to know what the Bitcoin halving is & note the date
Bitcoin Halving Happening This April, Will BTC Prices Rise?
DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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