Telegram’s Notcoin burns $3M in tokens to boost value and rewards loyal users with $5M in bonuses
Telegram’s tap-to-earn game, Notcoin, has intentionally destroyed $3 million worth of unclaimed NOT tokens in order to make the remaining tokens more rare and valuable. The purpose of this action is to incentivize engaged users and uphold a sustainable economic atmosphere within the community. The purpose of burning unclaimed tokens is to reduce the overall supply, which may result in an increase in the price of the token. Furthermore, Notcoin