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Notcoin (NOT): The Viral Telegram-Based Tap-to-Earn Game

Intermediate
GameFi
Altcoins
Explainers
Apr 4, 2024
7 min read

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Detailed Summary

In the past few weeks, Notcoin has become one of the top trending subjects in the crypto universe. This simple clicker game is getting a lot of attention for its addictive nature and its promise of rewards with real-world value. Is it worth your time to play Notcoin — or is the project just behind another meme coin that's likely to be forgotten about in a few days? Read this guide to learn all about what Notcoin stands for and to see how this game works.

Key Takeaways:

  • Notcoin is a viral clicker game inside of the Telegram messaging app. 

  • Users press a button on Notcoin to earn tokens that will eventually be converted into crypto tokens with real-world value.

  • Looking to pre-trade Notcoin tokens? Bybit now offers the NOT/USDT Spot trading pair on Bybit Pre-Market Trading.

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What Is Notcoin?

Notcoin is a viral clicker game inside of the Telegram messaging app. Its users can earn tokens that will eventually be converted into crypto tokens with real-world value.

What Is The Open Network?

The Open Network (TON) is a decentralized blockchain ecosystem. In addition to hosting the Notcoin game, the TON blockchain is also home to a variety of DeFi apps, games, NFTs and other web3 projects.

What Does Notcoin Aim to Achieve?

Notcoin co-founder Sasha Plotvinov describes it as an experiment in token distribution. Many new cryptos struggle to get their tokens to actual community members because most new tokens end up being purchased by institutional investors. Notcoin hopes that its method of gamifying token distribution will provide a more fair and direct way of obtaining tokens. Since tokens are only available to people who play within the app, Plotvinov hopes that the project can reward TON Foundation members in a fun manner.

The other goal of the Notcoin crypto project is to simplify the launch of its crypto system. Plotvinov feels that many airdrops are manipulated by crypto whales and social media influencers. The Notcoin team aims to avoid getting caught up in the pattern of marketing cycles, creating elaborate closed beta systems, chasing investors and promising huge features. They operate with a "what you see is what you get" motto. Plotvinov hopes that this will prevent price manipulation and avoid making the launch overly complex.

How Does Notcoin Work?

People can access Notcoin by downloading and opening the Telegram messaging app. The clicker game lets you earn tokens by performing simple tasks and tapping on the coin icon. Each tap results in one Notcoin being added to your account. As you tap, your energy limit depletes. However, the energy limits will refill during times when you’re not tapping.

Notcoin gives players six free boosts each day that can supercharge their tapping abilities and refill their energy limits, or players can spend in-game coins to get paid boosts. There's no way to pay for energy limit boosts with real-world currency, so only Notcoin players can purchase perks. Telegram Premium users can get some extra advantages such as bonus token earnings. Players who earn a lot of digital currency can get into various ranks, such as Silver or Platinum.

Upcoming NOT Airdrop

Users are racing to collect Notcoin currency because they can eventually exchange it for real-world crypto tokens. Notcoin’s team has said that the current mining stage of the game will end on Mar 31, 2024. At some time in early April, users can then exchange their in-game coins for digital currency based on the TON blockchain.

Only people who participate in the Notcoin clicker game and perform the simple tasks of clicking on the coin icon will be eligible for the airdrop. Notcoin has been teasing this airdrop over social media and through the TON Foundation for the past few days, but hasn’t stated when the official release will occur. The only thing the team has confirmed is that the airdrop will be sometime in the first two weeks of April.

NOT Tokenomics

Notcoin plans on turning its in-game currency into crypto tokens called NOT. Instead of turning one Notcoin into one NOT token, the project will adjust the exchange rate based on how many users end up mining Notcoin. The exact conversion rate hasn't been shared with the public yet.

There also isn't a lot of information on how NOT's tokenomics will work. Notcoin is dedicated to providing a straightforward, no-frills experience without lengthy white papers or overblown marketing campaigns. Therefore, users aren't aware of exactly how tokens will be distributed or what the token supply will look like. To date, close to 8.9 trillion notcoins have been mined, but since the app burns notcoins of inactive accounts, the final total of NOT may look a little different.

The Popularity of NOT

When Notcoin was released in early January 2024, its team didn't do much to market it. However, Telegram users noticed the new game and started checking it out. The closed beta and its referral system ended up getting 550,000 users, and within 10 days of its official release, Notcoin had achieved a total of 6.3 million users entirely via word-of-mouth advertising. As more people tried out the game for themselves, news of its addictive and entertaining gameplay began to spread.

The primary appeal for many users is in getting to compete with each other. People have enjoyed bragging about being in the Silver league or having a higher energy limit than their friends. This has been so effective that Notcoin currently has a player base of over 30 million users. One in three Telegram Premium members are playing Notcoin, and since its official launch, it's been one of the top trending TON ecosystem crypto projects.

Where to Buy NOT

Though the NOT crypto project hasn't yet been released, the Notcoin community has allowed the release of pre-market vouchers. These represent in-game currency and can be exchanged for NOT after the airdrop. Bybit is one of the first exchanges to make NOT token vouchers available to the public. If you have a Bybit account, you can find NOT listed on the Bybit Pre-Market Trading site. Bybit will adjust pre-market orders once the NOT conversion rate is announced, so purchasers can be confident they're getting the same value as the rest of the Notcoin community.

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Is NOT a Good Investment?

Notcoin is one of the most original meme coin crypto projects to appear in 2024. The primary appeal of this coin is that its addictive clicker game has attracted a lot of positive press for the Notcoin project. It has millions of users looking to earn money through the game, and it's also backed by TON’s reputation. All of these factors make NOT a potentially promising investment.

However, like many other meme coins, the Notcoin project carries quite a bit of risk. There's almost no information available about its design or its plans for the future, and it has no real utility outside of entertainment. Once the NOT token airdrop takes place, there's likely to be extreme volatility and the coin probably won’t experience long-term growth. Furthermore, the fact that the official launch is supposed to be in early April has some users worried the Notcoin project might be an elaborate April Fool's joke.

Ultimately, Notcoin is worth checking out if you're interested in trending meme coins with a lot of dedicated fans. Of course, if you're considering investing in NOT, you need to be cautious. Avoid overextending yourself and investing more money than you can afford to lose. If possible, consider some risk mitigation strategies , such as portfolio diversification, before you put money into NOT. And, as with any potential investment, do your homework.

Closing Thoughts

Notcoin stands for a new generation of meme coins that’s entirely focused on entertainment value. This crypto project's referral system and ranked leagues have helped it attract a sizable audience. As Notcoin transitions from a clicker game to the home of an official crypto coin, it may offer many opportunities for people to earn money. Though there's no guarantee its airdrop will be successful, it definitely has one of the biggest meme coins on TON right now.

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