{"id":12498,"date":"2024-04-12T11:02:21","date_gmt":"2024-04-12T08:02:21","guid":{"rendered":"https:\/\/forklog.com\/en\/notcoin-announces-denomination-of-balances\/"},"modified":"2024-04-12T11:02:21","modified_gmt":"2024-04-12T08:02:21","slug":"notcoin-announces-denomination-of-balances","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/notcoin-announces-denomination-of-balances\/","title":{"rendered":"Notcoin Announces Denomination of Balances"},"content":{"rendered":"<p>The team behind the gaming Web3 project Notcoin has announced a denomination of balances by three orders of magnitude &#8220;to make the token price easier to read.&#8221;\u00a0<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\">3.1 Balance conversion<\/p>\n<p>In-game currency, vouchers and total supply now have 3 zeros less to make it easier to read the price of the token.<\/p>\n<p>Examples (before \u2192 after)<\/p>\n<p>Token price 0.0000123 \u2192 0.0123<\/p>\n<p>10M voucher \u2192 10,000 <a href=\"https:\/\/twitter.com\/search?q=%24NOT&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$NOT<\/a><\/p>\n<p>80 trillion in-game coins \u2192 80 billion <a href=\"https:\/\/twitter.com\/search?q=%24NOT&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$NOT<\/a> <a href=\"https:\/\/t.co\/uALxZaCU7D\">pic.twitter.com\/uALxZaCU7D<\/a><\/p>\n<p>\u2014 Notcoin \u00d8 (@thenotcoin) <a href=\"https:\/\/twitter.com\/thenotcoin\/status\/1778512540525621714?ref_src=twsrc%5Etfw\">April 11, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The conversion affects in-game currency, vouchers, and the total token supply. For example:<\/p>\n<ul class=\"wp-block-list\">\n<li>token price: $0.0000123 \u2192 $0.0123;<\/li>\n<li>10 million NOT voucher \u2192 10,000 NOT;<\/li>\n<li>80 trillion in-game coins \u2192 80 billion NOT.<\/li>\n<\/ul>\n<p>The transformation will also apply to tokens already on the <a href=\"https:\/\/u1f987.com\/en\/news\/bybit-launches-pre-market-for-notcoin-token\">Bybit pre-market<\/a>.<\/p>\n<p>The total issuance of Notcoin <a href=\"https:\/\/t.me\/notcoin\/401\">amounts to<\/a> 102,719,221,714 NOT. Of these, 78% \u2014 80,219,221,714 NOT \u2014 are distributed among 35 million miners and voucher holders.\u00a0<\/p>\n<p>The remaining 22% of coins \u2014 22,500,000,000 NOT \u2014 are allocated for new users, traders, listing campaigns, and further project development stages.<\/p>\n<p>The exact distribution for the second category will be determined closer to the listing, scheduled for April 20. The list of exchanges has not been disclosed.<\/p>\n<p>Previously, Notcoin founder Alexander Plotvinov shared the project&#8217;s plans.<\/p>\n<p>Listen to the ForkLog podcast &#8220;Should Have Bought&#8221; to find out if the Notcoin team had a premine and how Pavel Durov tapped the coins.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The team behind the gaming Web3 project Notcoin has announced a denomination of balances by three orders of magnitude &#8220;to make the token price easier to read.&#8221;\u00a0 3.1 Balance conversion In-game currency, vouchers and total supply now have 3 zeros less to make it easier to read the price of the token. Examples (before \u2192 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12497,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1155,1441,1258],"class_list":["post-12498","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-games-and-gamefi","tag-notcoin","tag-tokenomics"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/12498","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=12498"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/12498\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/12497"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=12498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=12498"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=12498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}