Notcoin (NOT) tokenomics

Notcoin (NOT) is a community-driven token designed to onboard users into the Web3 ecosystem through a "tap-to-earn" gaming model. Its tokenomics are characterized by a heavy emphasis on community distribution and a supply management strategy that includes significant token burns.

Issuance and Allocation Mechanism

The total supply of Notcoin was initially established through its mining phase, where 35 million users earned tokens by participating in the Telegram-based game. Following the conclusion of the mining phase, the project transitioned to a formal token structure with a maximum supply that has since been reduced through strategic burns.

The allocation of the Notcoin supply is structured as follows:

Usage and Incentive Mechanism

Notcoin functions as the primary utility token within its ecosystem, which has expanded beyond the initial clicker game into "Notcoin Explore."

• Notcoin Explore: This platform serves as a discovery hub where users can earn NOT by interacting with various Web3 projects.
• Tiered Rewards: A $4.2 million incentive plan was introduced specifically to reward "Gold" and "Platinum" tier users on the Explore platform, encouraging long-term engagement and higher levels of participation.
• Staking: During the launch phase, incentives were provided through exchange launchpools (such as Binance), allowing users to stake other assets to earn NOT.
• Ecosystem Integration: The token is intended to be "what the community wants it to be," serving as a medium for exploration, playing, and contributing to the broader TON (The Open Network) ecosystem.

Supply Management and Burning Mechanism

To manage inflation and support long-term value, Notcoin employs a burning mechanism. This process removes tokens from the circulating supply, increasing scarcity.

• Strategic Burns: Notcoin has executed significant burns, including a $3 million NOT token burn that reduced the total supply to approximately 102.49 billion tokens.
• Unclaimed Tokens: A portion of tokens that remained unclaimed from the initial "Notcoin Clicker" phase (approximately 210 million NOT) was burned.
• Community Contributions: The project also incorporates "big burn donations" and burns derived from 10% of every pool in the Notcoin Explore platform. As of recent reports, over 233 million NOT tokens have been burned in total.

Locking and Unlocking Schedule

Unlike many institutional crypto projects that feature complex vesting schedules for teams and VCs, Notcoin launched with a high percentage of its supply already in circulation due to its community-first distribution model.

• Circulating Supply: Reports indicate that 100% of the supply is considered circulating, as the bulk of tokens were distributed directly to the community at launch.
• Locking Positions: While specific long-term institutional locking schedules are not the primary focus of the Notcoin model, the project has seen approximately 60% of holders remain since launch, suggesting a level of organic community "locking" or retention.
• Unlocking Time: There are no traditional staggered "unlock dates" for team or investor tranches reported, as the project prioritized immediate community ownership over private sale allocations.