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Notcoin, a Telegram-based game, has seized the attention of millions of players in recent months, amassing a staggering 35 million total players with a recent peak of six million daily active users. This far surpasses the user base of most crypto games.
Developed by Open Builders, the game operates within the Telegram messaging app and is poised to introduce a token on The Open Network (TON) in the upcoming weeks. According to its founder, the team perceives this as a novel method to equitably distribute tokens to community members.
What entices 35 million players to interact with a golden coin in a messaging application? Crypto incentives, naturally! Here’s an overview of Notcoin and its forthcoming token.
Notcoin is essentially a social clicker game. Players aiming to accumulate in-game coins can access the Notcoin bot within the Telegram app, invite friends to join, and dive into the gameplay.
Once in the game, players encounter a gold coin on their screen, which they tap to earn an in-game currency called Notcoin. However, there’s a limitation on the energy provided, depleting over time and refilling gradually, imposing barriers against endless clicking.
As players amass more Notcoin, they ascend a global leaderboard divided into various tiers, ranging from Silver to Diamond league. Additional tokens can be earned by completing quests, often involving tasks like following a Twitter account or joining a Telegram community.
Moreover, players have access to “boosts” or power-ups enhancing their earning potential. Daily free boosts such as “Full Energy” and “Turbo” are available, alongside permanent boosts purchasable with Notcoin. These enhancements enable players to increase their earnings per tap and energy expenditure, with an Auto-Tap bot facilitating coin collection even when inactive.
Notcoin earnings can be utilized to acquire cosmetic upgrades, altering the game’s background or the appearance of the coin being tapped.
It’s worth noting that the game concluded its “mining phase” on April 1, temporarily suspending gameplay. However, it’s expected to resume after the token launch later this month.
What is the NOT token?
Following the gameplay, players may wonder about the significance of tapping a coin to earn an in-game currency. The Notcoin team announced an airdrop for a real token, providing clarity after initial ambiguity.
The token, named NOT, will be launched on The Open Network (TON), originally founded by Telegram itself, and will be exchangeable for the in-game Notcoin earned by players.
The Notcoin team disclosed the tokenomics on March 30, affirming that all NOT tokens will be distributed to the over 35 million players who mined them via coin tapping. Notably, there won’t be “Bitcoin-style early whales,” ensuring a fair distribution. However, a portion of tokens may support ecosystem development.
To foster ecosystem growth, players are encouraged to contribute a fraction of their mined tokens to an ecosystem fund. Notcoin presents players with the option to donate 10%, 20%, 30%, or 50% of their coins, or retain them entirely, with no obligation or incentives beyond respect.
When is the NOT token launching?
Despite some mystery surrounding the launch date, Notcoin revealed that the token will go live on April 20, coinciding with the Bitcoin halving event. The announcement was made on April 2 via Twitter, following teasers aligned with the Bitcoin network event.
Pre-market vouchers
Leading up to the airdrop, the Notcoin team initiated an NFT voucher program. Players with over 10 million Notcoin earned can convert their holdings into NFT vouchers (in 10 million increments), which can be traded before the actual NOT token launch.
Notcoin vouchers are currently trading for approximately 10 TON per voucher or around $50. Players with fewer than 10 million Notcoin need not participate in the voucher system, as their holdings will directly convert to NOT when the token launches, with no substantial missed opportunities aside from speculative trading.
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