The tokenization of Notcoin did not happen overnight. From the early transition of in-game balances and vouchers to the TGE and the simultaneous launch on exchanges, followed by subsequent airdrops and community distributions, it follows a path of 'play first—redeem later—then govern.' The information shows that NOT will be listed on mainstream exchanges on May 16, 2024, with multiple trading pairs available from the opening; at the same time, Binance Launchpool will provide 308.1 million tokens (accounting for 3% of the total) during the period from May 13 to May 15, lowering the cost of early acquisition.

Before the launch, active players can convert their game balances into Notcoin Vouchers (NFT vouchers), which can circulate in the NFT market of the TON ecosystem; after the TGE, vouchers and balances can be exchanged for $NOT according to the rules. This 'pre-mapping—post-settlement' design not only meets the secondary trading needs of players but also leaves the true on-chain issuance to be unified at the moment of TGE.

More importantly, the 'cleanliness' of the distribution. The official stance has emphasized multiple times in public statements: NOT initially distributed a high proportion of chips directly to community addresses; as of February 2025, there are approximately 2.8 million on-chain wallet addresses, with more than 61% of the tokens already circulating on-chain, becoming one of the more widely distributed assets in the TON ecosystem (specific values may change over time and are subject to on-chain data). This means that the distribution is decentralized and verifiable, rather than controlled by a small circle.

From the user's perspective, this process is equivalent to 'leaving the problem to the system': you don't have to follow the tutorial for dozens of steps, but rather play first, claim later, and then circulate. In the current situation where compliance is uncertain and user education costs are extremely high, this 'light experience, heavy settlement' approach to tokenization balances dissemination and implementation.

In summary! The issuance and distribution of NOT is more like a 'engineering lunar landing' where the orbit is calculated and the spacecraft is built well in advance, and when the ignition moment arrives, everything is completed in one go, followed by continuous optimization of allocation and liquidity.

@The Notcoin Official #Notcoin $NOT