Notcoin is the first-ever tap-to-earn crypto game that challenged traditional approaches. Built on TON and deeply integrated with Telegram, Notcoin blends classic gameplay with blockchain technology to create a truly rewarding experience.

Today, we explore the history of Notcoin, how it works, and what makes it so attractive to its milti-million player base. 

What Exactly Is Notcoin?

Notcoin is a play-to-earn crypto game launched in 2024 on Telegram by Open Builders. It allows players to earn and trade tokens called Notcoin (NOT) within a gaming environment.

Initially a simple clicker game where players earned tokens by tapping a virtual coin, Notcoin has evolved into an explore-to-earn model, requiring users to interact with Web3 projects. The listing of NOT on crypto exchanges allows players to trade their in-game earnings for real-world value. 

‘Nothing’ is the core philosophy of Notcoin. The project’s whitepaper is literally a bunch of white sheets with just the words ‘Notcoin Whitepaper, November 2023’ on the first page. Similarly, Notcoin’s website at launch featured a black screen with the phrase ‘probably nothing’ but was later changed to an animation of the project’s logo and words ‘study,’ history,’ memes,’ contests,’ ecosystem,’ buy,’ and 'socials.’ Notcoin’s X channel is also very minimalistic yet has attracted over 2.5 million followers. 

How Does Notcoin Work?

TON Blockchain

Notcoin is built on the TON (The Open Network) blockchain, an extremely scalable network with low fees and fast transactions. The game also incorporates a mining process where players earn tokens through gameplay and contributions to the network. Early miners and voucher holders received a significant share of tokens.

Gameplay 

The game started as a simple clicker with no other functionality. The game’s developers later added various boosters and power-ups.

Now, players earn NOT tokens primarily by interacting with various decentralized applications (DApps) within the Telegram game. This can include playing built-in games, completing quests, and participating in community events. 

Social interaction plays a crucial role, encouraging players to form squads, invite friends, and participate in community activities. 

Once players accumulate a sufficient number of points, they can exchange it for NOT tokens. These tokens can then be traded on crypto exchanges.

The Role of Telegram 

Notcoin is deeply integrated with Telegram. Players access the game entirely through the Telegram app by interacting with the @notcoin_bot. 

Telegram serves as the central hub for all aspects of the game, from earning Notcoin through to participating in community events. All in-game transactions and token transfers are facilitated within the Telegram interface, even though they are built on the TON blockchain. 

This integration helped Notcoin amass 35 million total players, with over six million daily users at its peak. Current numbers are lower, but the game remains popular regardless. 

Notcoin was the first ‘tap-to-earn’ game on Telegram. Its popularity caused an influx of other tapping games, with the most popular being Hamster Kombat, Rocky Rabbit, and TapSwap. 

What Is the NOT Token?

NOT token is the native cryptocurrency of the Notcoin game. It serves as the primary reward for players for all in-game activities.

NOT's tokenomics aim to create an equitable ecosystem for all users, so the project held a fair launch. This means all 102,719,221,714 NOT tokens were made available from the start, mitigating the risk of uneven distribution often seen in projects with token vesting schedules or large team allocations. 

A significant portion of the total supply (around 78%) was allocated to early supporters like miners and voucher holders. The remaining 22% is reserved for new users, traders, and future development.

There's a 1,000:1 conversion rate, meaning 1,000 in-game points are equivalent to 1 NOT token. When the game launched, there were no real NOT tokens, only in-game points. The first token airdrop happened on April 1, 2024. 

NOT Market Performance 

The first NOT listings on centralized exchanges happened in May 2024. The token began trading at $0.01026 and surged to $0.02896 within one month, translating into a 182% increase. However, shortly after, the token’s price began to fall and hasn’t since reached its former all-time high. 

NOT currently trades around $0.0044 and has a $458 million market cap and an $111 million 24-hour trading volume. It ranks #146 among all cryptocurrencies on the market. Despite the price dip, Notcoin community on CoinMarketCap is 88% bullish on the project’s future. 

Conclusion 

Notcoin represents a unique experiment in the intersection of gaming and cryptocurrency. Its minimalist approach, coupled with its innovative use of Telegram and TON, has attracted a significant player base. 

While the initial surge in token price has subsided, Notcoin continues to evolve, adding new features and exploring new avenues for player engagement. The long-term success of Notcoin will depend on its ability to maintain player interest, so we may see NOT hitting new records in the future. 

Trade NOT tokens on Tothemoon and unlock the full potential of your in-game earnings. Enjoy competitive trading fees, flexible trading pairs, and a user-friendly interface.

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