P2P pre-market of Notcoin game token in Telegram launched on Getgems platform

Users can convert NOT mined in the game and sell them for TON coins

08.03.2024 - 12:35

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2 min

What’s new? The team of Notcoin, a clicker game integrated into Telegram messenger, has launched a pre-market of the NOT token on the Getgems platform. Users can convert game balances into vouchers in the format of non-fungible tokens (NFTs) in denominations of 10 million and 100 million NOT tokens and trade them directly with other participants (P2P).

Announcement in Telegram

What else is known? Notcoin, launched on January 1 by Open Builders, allows players to earn NOT coins through screen touches. NOT are an in-game currency and do not exist on the blockchain. Previously, NOT also had no real value or trading/cashing option.

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This has partially changed with the launch of the pre-market, as users can now trade NFT vouchers for mined coins. Trading is done in native tokens of The Open Network (TON) blockchain, which is closely related to Telegram.

At the time of writing the news, the minimum voucher value is 90 TON ($247,5), with a sales volume of 119 000 TON ($327 250). Against the backdrop of the pre-market launch, the TON exchange rate has added 5% overnight.

Once the launch of NOT on the blockchain takes place, these vouchers can be exchanged for tokens. A 20% royalty is charged on voucher trading, with the funds going into a liquidity pool for upcoming NOT listings.

In addition, players who do not wish to create vouchers will also be able to convert their balances into NOT tokens after the launch directly.

“No one knows what the price of NOT token will be. The listing price may even be zero, so take that into account when trading vouchers,” states the project team.

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