Notcoin Relaunch: New Rewards Model Explained

Notcoin's Strategic Relaunch: A New Era of Rewards

In the rapidly evolving landscape of blockchain gaming, Notcoin is poised to redefine its approach post-token launch and airdrop. With an innovative new rewards model on the horizon, the company aims to leverage its extensive user base while maintaining a commitment to decentralization.

Key Developments from Notcoin

• Final Token Supply: Notcoin has confirmed that no additional tokens will be minted, ensuring that the final supply reflects the pre-launch mining phase. This strategic decision underscores a commitment to scarcity and value.

• In-Game Currency Transition: The in-game coins will be transitioned to NOT crypto tokens on The Open Network, providing players with a seamless exchange that enhances their gaming experience.

• Simplifying Trading: A representative from Notcoin has indicated that adjustments will be made to the token's decimal structure to facilitate easier trading.

A Shift in Mining Dynamics

With the conclusion of traditional mining, Notcoin is adapting by introducing a new mining model.

• User Engagement: Founder Sasha Plotvinov emphasizes harnessing the game's popularity—boasting over 35 million Telegram users—to facilitate interaction with new blockchain projects while rewarding users.

• Farm and Pool Model: Users will be able to engage in farming activities through designated pools. Despite a shift in reward complexity, players can continue to earn coins by participating in this new model.

Funding Future Rewards

The sustainability of the new rewards model hinges on project engagement and secondary market activities.

• Market-Based Rewards: Notcoin plans to allow projects to purchase Notcoins from the secondary market, which will subsequently fund gameplay rewards. This strategic move not only promotes ecosystem growth but also enhances player engagement.

• Ecosystem Fund Initiative: Recently, Notcoin proposed an initiative for users to voluntarily contribute a portion of their in-game earnings to an ecosystem fund, aimed at supporting product development and future token listings.

Enhancing User Experience

The future also holds exciting prospects for Notcoin's user interface and trading capabilities.

• Trading Bot Integration: Open Builders is exploring the addition of trading bot functionality within the Telegram environment, following successful models seen in similar platforms.

• User-Centric Tools: Recognizing that not every user prefers text-based interactions, Notcoin is committed to developing a more intuitive interface for trading, ensuring accessibility for a broader audience.

Maintaining Decentralization

As Notcoin evolves, the emphasis on decentralization remains paramount.

• Project Vetting: Plotvinov has acknowledged the need for a balance between decentralization and oversight to prevent fraudulent projects from entering the ecosystem.

• Community Responsibility: The commitment to providing a safe and rewarding experience for the user base reflects Notcoin's dedication to fostering a trustworthy environment.

With these robust plans in place, Notcoin is not only preparing for a successful relaunch but is also setting a new standard in the gaming and blockchain integration space. The strategic approach to rewards, user engagement, and decentralized governance may well position Notcoin as a leader in the next wave of blockchain gaming.