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.
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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
