Summary
TLDR: The on-chain token mint for the viral Telegram-based game Notcoin will no longer occur on April 20 as originally planned. The token launch on The Open Network (TON) is slightly delayed, with a new ETA of “soon.” Notcoin players will be able to convert in-game coins to NOT tokens at a rate of 1,000 to 1. After the token launch, Notcoin will return with a new model where projects can advertise in the game by buying NOT tokens on the open market. Toncoin (TON) has seen a rise in price amid Notcoin’s viral buzz and network activity.
Key Points
1. The on-chain token mint for the viral Telegram-based game Notcoin was originally expected to take place on or around the same date as the Bitcoin halving, but that’s no longer the case.
2. Notcoin representatives confirmed to Decrypt’s GG that the token launch, which will take place on The Open Network (TON), will no longer occur on April 20, the expected date when the Bitcoin halving will occur in the UTC time zone.
3. The project revealed the news via a Telegram community livestream earlier this week and has tweeted memes since suggesting that the new ETA is simply “soon.” A Notcoin representative told Decrypt’s GG this week that the token launch is “slightly delayed as the team works to line everything up.”