Unveiling Notcoin: The Open Network In-App Game Token

Unveiling Notcoin: Introduction

We have always heard of crypto fairy tale stories, where a person flips their crypto portfolio from $10 to $100,000 or from $100 to $1,000,000, the list goes on. All these are mostly through upcoming or new projects which they enter into very early and become very lucky to see the project become a success. These are the kinds of opportunities present in the crypto space. However, this also makes it easy for Scam projects to rip individuals off their funds, so the need for caution in new crypto projects is very important.

Notcoin is also a new crypto project that has made a lot of waves and can be said to be the crypto project with the fastest-growing community in the crypto space, this goes a long way to show the potential a lot of people see in the project.

What is Notcoin?

Notcoin is a telegram-based game, that was developed by the founder of telegram Durov and his team. The Notcoin game aimed to allow players to mine Notcoin as an in-game reward, after which the team announced that they would be converting the in-game Notcoin mined into a Notcoin token called $NOT.

The beta version of the Notcoin game was created in December where beta testers were allowed to test the game to help detect any bug before it was officially launched in January 2024. After the official launch of the game, the Notcoin game amassed a massive number of players which numbered over 35 million.

According to the telegram team, the Notcoin token will be launching in April 2024 and it will be launched on “The Open Network” (TON). TON is the blockchain network created by Telegram and is already the home for a lot of web3 tokens.

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How Do I Earn The Notcoin Token?

As of the time of writing this article, the first phase of the Notcoin tokenization has already been concluded, but I will still give a guide on how users or in-game players earn Notcoin. This is because, after the launch, the Notcoin in-game app will resume.

The Notcoin in-game telegram app offers a unique clicking gaming experience. To start earning the in-game coins, players simply need to launch the Telegram app and access the Notcoin bot using this link, after which you can join the fun.

Once you start the game inside your telegram app, a gold coin appears on the screen, ready to be tapped to earn the in-game currency which is Notcoin. You can given boosts like energy and in-game rocket which you can use to better increase your mining speed and earn points. However, players must manage their energy wisely, as it depletes over time and slowly replenishes. This ensures a balanced gameplay experience without endless clicking.

As players accumulate in-game Notcoin tokens, they ascend the ranks on a global leaderboard, ranging from Silver League to Diamond League. Completing quests, such as following Twitter accounts or joining Telegram communities, earns players extra tokens.

You can also purchase permanent boosts and mining bots using the in-game Notcoin token to help gather more Notcoin tokens faster.  These boosts and mining bots enable players to increase their coin earnings per tap, manage energy expenditure more efficiently, and mine more coins even when the user is not tapping personally.

Users can also purchase new skins to change the in-game environment and make it more interesting and pleasing to the eyes.

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Notcoin Pre-Market Vouchers

Even before the Notcoin in-game mining came to a halt, they initiated an NFT voucher program where users who have been able to earn more than 10 million in-game Notcoin can instantly convert it to the Notcoin voucher created in the form of an NFT.

Users were then able to auction these NFT Vouchers on various NFT markets such as Shardify, Ston. fi and also on Bybit pre-market, making it possible for the users to even start earning in real-time through the telegram in-game program. This already speaks volumes of the potential the project promises.

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Notcoin Tokenomics

According to the Notcoin developers quoting a post made in their community on the 30th of March.

Notcoin is not like other coins, you probably know that already. We want to stick to the idea that the only way to get Notcoin is to earn it within the game. No investors, no private rounds, no allocations.

Notcoin has Bitcoin-style distribution, where you mine coins for some effort. Without bitcoin-style early whales though. All coins are distributed as a very thin layer (~0.0003% avg miner allocation) over 34 million people.

Now, dear friend, we invite you to contribute to the next phases.

It would be helpful for the ecosystem growth to have a meaningful amount of Notcoins for product development, upcoming listings and for all the millions of people that will come next. If there are no good ideas for these tokens, they will be burned.

What is the Future of Notcoin?

A lot is still yet to come from the Notcoin group hopefully. Although in-game mining is currently suspended pending the listing of the $NOT token, according to some sources and from the tokenomics quoted above, the in-game app is supposed to resume after the listing of the $NOT token.

Users will then be able to continue the coin clicking through the in-game app, while new users will also be able to register and join in the fun.

What we speculate is that boosts and the mining bots will be purchased using the $NOT token that is already listed which will bring in more liquidity into the token ecosystem. These items will also be more expensive than they previously were before the listing. On the flip side, as long as they can remain patient and play the in-app game regularly, users will also be able to earn the $NOT token by playing the Notcoin game.

According to the source, no new tokens will be minted after the launch, it will be funded by companies that want to gain exposure to the sizable audience that Notcoin built. This means companies that want to build their communities can acquire a decent amount of the $NOT token, and issue out social tasks on the Notcoin in-game app, giving out the $NOT token to users who complete the tasks.