Notcoin Users Donate Millions to Telegram Founder
Notcoin users were feeling generous ahead of Thursday’s NOT token launch, as over half a million players of the viral Telegram-based clicker game donated a share of their in-game coins to Telegram founder Pavel Durov. Now that haul is worth millions of dollars—and Durov says he’s holding for a potential 100x gain.
Generosity of Notcoin Players
- More than 552,000 players of Notcoin donated a share of their in-game coins to Durov back in February, part of an effort by the Notcoin team—called Open Builders—to thank the Telegram founder for the messaging app that houses the crypto game.
Durov’s Massive Token Holdings
- Ultimately, Durov ended up with over 1.03 billion NOT tokens, or just over 1% of the total Notcoin supply on The Open Network (TON), worth about $7.3 million. He plans to hold for a potential surge in value.
Durov’s Intention to Support Telegram
- Durov, who’s estimated to have a $15.5 billion fortune by Forbes, intends to hold the NOT tokens unless their value experiences a significant increase. He plans to use the funds to buy more servers for Telegram to support its growth.
Impressive Debut of Notcoin
- Notcoin had a remarkable gaming token launch with a market cap of nearly $1.5 billion early Thursday. Despite its value plunging by 50% post-launch, it remains the 101st most valuable cryptocurrency by market cap, with over $1 billion worth of trading volume in the first 24 hours.
Notcoin’s Future Plans
- Notcoin paused its coin-tapping gameplay in April to prepare for the token rollout. It aims to relaunch its crypto-earning game and serve as a platform for additional games, aspiring to become the “Netflix of social, viral games,” according to co-creator Sasha Plotvinov.
Hot Take: Notcoin’s Viral Impact
Notcoin’s viral impact is evident, with over half a million users donating millions to Telegram founder Pavel Durov for the NOT token launch. Durov’s intention to hold the tokens until a significant increase in value showcases the community’s trust in the project’s growth potential.
Sources:
1. Notcoin Players Donation
2. Durov’s Token Holdings
3. Durov’s Announcement
4. Durov’s Forbes Profile
5. CoinMarketCap: NOT Value
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