Just in:
Revolutionizing Racing and Trading: AlphaX Teams Up with F2 Sensation Enzo Fittipaldi // AI’s Role in Shaping Literature Discussed at Abu Dhabi Book Fair // Trial Delay Granted in UAE Terrorist Organization Case // Thailand’s NACC finds guilty among four former executives of energy base firm of corruption and bribery // UAE Bolsters Cooperation at Islamic Development Bank Meetings // Luxshare Precision Announces 2023 Annual Results // Two more Delhi Cong leaders quit over alliance with AAP // Dubai Eyes Closure of DXB Airport After Mega-Hub Transition // Andertoons by Mark Anderson for Tue, 30 Apr 2024 // Dubai Holding Makes Strategic Debt Move to Capitalize on Thriving Real Estate Market // Dubai Sees Modest Inflation Uptick in February // Emirati Leader Makes Surprise Visit to Popular Shopping Destination // UAE Brings Smiles to Faces of Nine Ailing Children in Cairo // Enjoy Wealth Appreciation and Inheritance with Hong Kong Life’s Wealth Up (Premier) Savings Insurance Plan // Dubai Strengthens Primary Care Network with New Al Mizhar Health Centre // Israel puts Gaza ceasefire ball in Hamas court // Huangshan Tourism Group partners with Alipay to launch “International Visitor Friendly Scenic Spot” ahead of May Day holiday // Dominic Khoo Wins Misrepresentation Case Against Innovest Affiliated Company, MCA and Others // Abu Dhabi Poised to Become Global Investment Hub // Money20/20’s TwentyFold Fintech Intelligence Platform Makes Asian Debut at Money20/20 Asia //

NOTCOIN Streamlines Tokenomics Ahead of TON Launch

Popular Telegram game Notcoin has unveiled key updates to its upcoming token launch on The Open Network (TON), scheduled for April 20th.

In a move to streamline its in-game currency, the NOTCOIN team has implemented a 1,000:1 token conversion ratio. This means every 1,000 in-game coins will be equivalent to one NOT token upon launch. The total supply of NOT tokens will be capped at 102.7 billion, with a staggering 80.2 billion allocated for distribution to players. This ensures a significant portion of the token supply remains directly in the hands of the Notcoin community.

To ensure a fair playing field, the team will remove suspicious accounts believed to be operated by bots. This action aims to prevent inflated token holdings and create a more balanced ecosystem for legitimate players.

ADVERTISEMENT

Following the launch, Notcoin will undergo a strategic shift. The game will be reintroduced with a revamped model that eliminates further token minting. This model will incorporate interactions with external projects, allowing players to earn rewards through these collaborations.

The tokenomics update reflects NOTCOIN’s commitment to a sustainable and player-centric economy. The simplified token structure and capped supply aim to foster long-term value for the NOT token and the Notcoin ecosystem as a whole.

____________________________________

This article first appeared on The WIRE and is brought to you by Hyphen Digital Network


(The content powered by our AI models is produced through sophisticated algorithms, and while we strive for accuracy, it may occasionally contain a few minor issues. We appreciate your understanding that AI-generated content is an evolving technology, and we encourage users to provide feedback if any discrepancies are identified. As this feature is currently in beta testing, your insights play a crucial role in enhancing the overall quality and reliability of our service. We thank you for your collaboration and understanding as we work towards delivering an increasingly refined and accurate user experience.)

ADVERTISEMENT

ADVERTISEMENT