Nodepay – one of the DePin projects that has received great attention from crypto investors in Vietnam – has just announced the tokenomics of Nodecoin (NC). The tokenomic information helps investors start to get a more accurate valuation of the NC token price when it is listed.
On the 17th of this month, NC will be listed on a series of trading platforms, as a test for the enthusiasm of investors towards the DePin 2025 field.
Also Read: Vietnam leads in Nodepay traffic
Key information about the Nodecoin (NC) tokenomics
According to the information released by the project, the tokenomics of Nodecoin (NC) can be summarized as follows:
Tokenomics of Nodecoin (NC). Source: Nodepay.- Total Supply: Nodecoin (NC) has a total supply of 1,000,000,000. Of which, 208,000,000 NC will be put into circulation upon launch.
- Token Allocation:
- 42% (equivalent to 420 million NC) will be allocated to community incentives to drive participation and activity within the ecosystem.
- 22.5% (equivalent to 225 million NC) will be allocated to the ecosystem and foundation, to upgrade the protocol, research, and partnerships.
- 35.5% (equivalent to 335 million NC) will be allocated to the project team and early investors.
- Token Utility: The NC token is designed to incentivize participation and facilitate transactions on the platform. It serves not only as a reward for those who contribute bandwidth, provide feedback, or complete tasks, but also as a gas token to access premium services such as advanced search or real-time data retrieval.
Nodepay organized an Airdrop on January 14, 2025, and will be officially listed on trading platforms on the 17th of this month. Prior to this, BeInCrypto reported that Vietnam accounted for up to 18% of the project's official website traffic, reflecting the anticipation of investors for the Nodepay Airdrop.
Trying to value Nodecoin (NC) in comparison to other DePin projects
Before Nodepay announced the tokenomics, NC was priced around $0.5 on the pre-market and was expected to be priced at $1. Now, with this new information, investors can refer to the Nodecoin (NC) moonsheet in relation to other projects.
Nodepay Moonsheet. Source: Nodeverse_ai.One of the reasons investors expect Nodecoin (NC) to be priced equivalent to Grass (GRASS) is that the tokenomics information of the two projects is somewhat similar. Both have a total supply of 1 billion, and an initial circulating supply of over 200 million. Accordingly, if NC is equivalent to GRASS, it will have a price of around $2 - $2.5 when listed.
- However, the NC price will also depend on which exchanges it is listed on. The project has confirmed that NC will be listed on exchanges such as OKX, Bitget, Kucoin, Mexc,.. but has not yet confirmed listing on Bybit and Binance. This could make the price difficult to reach the positive expectations.
- After the announcement of the tokenomics, the NC price on the pre-market is still around $0.5 as before the announcement. This indicates a cautious sentiment from investors.
Therefore, most opinions in the Vietnamese community still hold a cautious forecast of the NC price at $1, and in positive conditions, the price could be higher than this level.
Also Read: 4 potential projects similar to GRASS that have received VC funding
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