Notcoin, Binance's friendly signal to community coins

Written by: Riyue Xiaochu

BinanceThe new round of Launchpool project Notcoin is a bold attempt by Binance toCommunityOr we should pay more attention to the future market, have fewer institutions that harvest leeks, and encourage more high-circulation projects held by the community.

Notcoin is a Telegram game. Although it has 5 million daily active users, its core is Tap-to-Earn (clickmake money), users need to click... (100 million times omitted here) to earn points / Token.

If your reaction is "what garbage is on Binance?", it means that you only believe in value coins from the bottom of your heart. Then you should be careful, because many value coins in this bull market cannot bring youmake money.

Recently, institutional coins with high market value have been widely criticized. This is the new way of playing in this bull market: new technology direction + reliable team, investment with high financing and high valuation, attracting the wool party to obtain good data, and then go public.exchange, project owners and institutions cashed out a lot in the bull market. The ones who were hurt in the end were retail investors.exchangeThe leeks who took over.

So now more and more people are pursuing MEME. But this is not a good thing. If no one builds it, the industry will stop progressing. However, if you want to do a project, most teams cannot bypass the organization. Starting from an idea, developing the product step by step, and then landing it, it requires a lot of money.

So, it seems that we are in a dilemma again. But it is not an unsolvable situation.This new gameplay has a characteristic: low circulation and high FDV at the opening.For example, StarknetXiaobai NavigationThe circulating market value of is only 800 million US dollars, which is lower than that of MEME such as Wif. However, the total market value is as high as 12.1 billion US dollars. The low circulating market value makes it easy for the project party to effectively control the market, and then use the favorable conditions or high liquidity in the bull market to cash out. Therefore,One idea to solve the problem is to increase the circulation ratio during TGE and reduce the proportion of teams and institutions.

币安作为第一大交易所，一言一行都会影响整个行业。而它无法全面拥抱 MEME，这样会让专心 build 的项目研发人员寒心。也无法拒绝天王级的项目，毕竟他们代表创新的技术，试想一下如果币安不上线 arb、op，世人不会奇怪吗？但是，币安可以通过其影响力，对一些项目的支持，来表达信号。

At the end of last year, Binance launched the FairMode launchpool, which greatly increased the circulation volume during TGE. So for the same circulation market value at the opening, the FDV is several times smaller. The Notcoin project this time also meets the characteristics of high initial circulation. The initial circulation volume is as high as 100%, and the allocation to miners is as high as 78%, which will be allocated to 35 million cumulative users and 5 million daily active users.

To be honest, does Binance want high-market-cap projects? The money is all earned by the project owners and institutions, and the users of the exchange are acquired. Binance's point of view is also very obvious. Yijie once liked two of my articles. One is about FairMode, and the other is about keeping everyone away from high-market-cap institutional coins. The meaning is self-evident.

The game mechanism of Notcoin is relatively easy to understand. The core is to accumulate coins by clicking on the game interface. The entire interface is on Telegram. On this basis, there are some ways to increase coins.

1) Join a team. Players can work together and mine coins together. When you join a team, you can get a reward.

2) Invite friends. Invite friends to join the game and earn coins. The higher the referral score, the more rewards you receive.

3) Advertising: Notcoin has advertising tasks. You will get coins for completing advertising tasks.

4) Leagues: There are five levels of leagues in the game: Bronze, Silver, Gold, Platinum and Diamond. When you reach a certain point threshold, you will automatically be promoted to a higher league and receive rewards.

The Notcoin project team hinted at the next plan on Twitter, which may include launching transactions, advertising for other projects, etc. After all, Notcoin is already the project with the largest number of users on Ton. With such a large number of users, further project planning can be done.

existToken方面，Notcoin 的代币总量 102,719,221,714，上线后处于全流通的状态。代币分配为

• 78% allocated to miners

• 9%, Ecosystem Fund

• 5%, community incentives

• 5%, Developer

• 3%, Binance Launchpool

From the perspective of token distribution, there are several major characteristics

1) The amount allocated to the community is relatively large, with Miners receiving up to 78%. If Launchpool is also considered as a form of retail mining, the total amount is as high as 81%.

2) Developers only have 5%, which is far lower than the 20% of other project owners.

3) There are no investors here, yes, no investors.

The project official also gave another statistic that 22% will be used as a future user growth source. Therefore, when TGE is listed, most of the tokens should be allocated. Of course, we will continue to track the situation on the chain and follow up on the tokens.

The point is, the world has suffered from VC coins for a long time, it’s time to make some changes and have more community coins.

The article comes from the Internet:Notcoin, Binance's friendly signal to community coins

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