Notcoin ( NOT ) Price Live Chart

Notcoin (NOT)

NOT began as a viral Telegram game created to introduce users to Web3 on the TON blockchain. The project’s official website adopts an intriguing approach, featuring only a prompt to join a Telegram community, along with links to its social media accounts and whitepaper.

What is Notcoin?

Notcoin is a popular clicker game within the Telegram messaging app, allowing users to earn tokens that can later be converted into cryptocurrency with real-world value. The Co-founder of Notcoin, Sasha Plotvinov, described it as an experiment in token distribution. 

According to Sasha, many new cryptocurrencies face challenges in reaching actual community members because institutional investors often purchase the majority of new tokens. Notcoin aims to address this by gamifying token distribution, offering a fairer and more direct way to obtain tokens. 

Sasha noted that Notcoins are only available to those who play within the app, and he hopes this approach will reward TON Foundation members in an enjoyable way. Moreover, Notcoin seeks to simplify the launch of its cryptosystem. Sasha notes that many airdrops are manipulated by crypto whales and social media influencers. 

The Notcoin team strives to avoid the typical marketing cycles, elaborate closed beta systems, investor pursuits, and grand promises. They adhere to a "what you see is what you get" philosophy, aiming to prevent price manipulation and keep the launch straightforward.

Working of Notcoin

To access Notcoin, download and open the Telegram messaging app. In this clicker game, you can earn tokens by completing simple tasks and tapping on the coin icon, with each tap adding one Notcoin to your account. However, as you tap, your energy limit decreases but it will replenish when you stop tapping.

Notcoin offers players six free boosts daily, which can enhance their tapping abilities and restore their energy limits. Players can also use in-game coins to purchase additional boosts, but real-world currency cannot be used to buy energy boosts—only Notcoin players can access these perks. 

Telegram Premium users receive extra benefits, such as bonus token earnings. High earners of digital currency can achieve various ranks, like Silver or Platinum.

Benefits & Use Cases of Notcoin

Notcoin enables gamers to earn real money through their gameplay. By participating in the game, users can collect Notcoins, which can be converted into the NOT coin upon its release. This play-to-earn model not only provides financial incentives but also fosters a sense of achievement and competition among players.

For developers, the success of Notcoin underscores the potential of integrating blockchain technology with gaming. It demonstrates a method for creating scalable and engaging games that leverage decentralized finance and social networks.

Notcoin's rapid success has already demonstrated significant real-world utility. Within a week of its official launch, the game attracted over 4.1 million players, reaching a total of 35 million by May 2024. This swift adoption highlights Notcoin's capacity to engage users and generate value through gameplay.

Players earn Notcoins by playing the game, completing objectives, and referring friends. These activities enhance user engagement and foster community building on the Telegram platform.

Latest & Future Developments

▪️ Telegram Founders Holds 1 Billion Notcoins (NOT): On May 17, Pavel Durov, founder of Telegram, expressed his gratitude for a generous donation of over 1 billion NOT tokens, valued at approximately $6.8 million, from the Notcoin community. He also mentioned his intention to hold onto the tokens until their valuation increased to $680 million, which would be 100 times their current value.

However, the excitement was short-lived as the NOT token's price began to plummet. Within a week, its value dropped by more than 85%, trading well below its initial price. This sharp decline was caused by investors quickly selling off their airdropped tokens to secure profits rather than holding them for potential future gains.

The team behind Notcoin has not yet announced any future plans. Currently, they are focusing on building a strong Notcoin community through the popular messaging app Telegram.