Original author: Teahouse waiter , Chain Teahouse
1. Project Introduction
Notcoin is a popular clicker game on Telegram based on the TON blockchain, whose appeal lies in simple game mechanics and the promise of actual cryptocurrency rewards.
In the game, players need to periodically click on a token icon while catching rockets to speed up the upgrade. The game is not limited to a single click, but also includes features such as teamwork, points league, energy management and referral rewards. In addition, Notcoin also has an earn system to obtain Notcoin by completing advertising tasks. Players can accelerate the collection of coins through different gains, such as full energy gain and multi-point gain.
Since its launch on January 1, 2024, its popularity has surged, with the game currently having over 30 million participants and an average of 5 million active users per day, making it the fifth most popular channel on Telegram.
2. How it works
1. Game Access and Start: Players can access the Notcoin game through the Telegram app. The game is based on a click interface where players need to click on the coins displayed on the screen to accumulate Notcoin, the virtual currency in the game.
2. Energy Limit: Clicking is limited by an energy bar. Each click consumes energy, which is gradually restored when the player pauses. This adds an element of strategy as players need to manage their energy usage to optimize clicking.
3. Boosts and Upgrades: Players can obtain or purchase boosts through in-game actions that temporarily increase their click efficiency or restore energy quickly. This includes full energy restoration, speed-up, and multi-clicks, etc.
4. Social and promotion mechanism: Notcoin encourages players to share the game with friends through invitation links, which can increase the amount of Notcoin earned by players. In addition, participants can also get additional rewards by achieving certain achievements or joining specific groups.
5. Currency exchange and future: Although Notcoin is virtual, the project team has launched the token NOT to convert Notcoin into real cryptocurrency.
6. Simplified Crypto System Launch: A key goal of Notcoin is to simplify the crypto token issuance process, reduce the risk of manipulation by crypto whales and social media influencers, and thus fairly distribute tokens to community members.
3. Game Mechanics
1. Click on the coins: The main activity of the game is to click on the coins that appear on the screen. Each click will earn you Notcoin, which is the virtual currency in the game. Occasionally, a rocket icon will appear on the screen, and clicking on the rocket can speed up your upgrade process as it provides a temporary speed-up effect.
2. Squads: Players can form teams and mine Notcoin together in a team. When joining a team, you can get a reward. In addition, the team function may be expanded to add more interactive and cooperative elements.
3. Leagues: There are five levels of leagues in the game: Bronze, Silver, Gold, Platinum and Diamond. When you reach a certain score threshold, you will automatically be promoted to a higher league and receive rewards. It is worth noting that league points are different from your total gold balance: it only counts the number of your clicks.
4. Friends ( Frens ): Invite friends to join the game and earn coins. The higher your referral score, the more rewards you receive. If your referral has a premium Telegram account, the rewards will increase several times.
5. Earn: This is a monetization system. There are several advertising tasks here. For each task you complete, you will earn Notcoin. Users need to subscribe to crypto channels, test websites, games, etc. Some tasks may only require your time, while others require you to have at least 7 TON in your Telegram wallet. To top up your wallet with coins, click the button to do so.
Earning lots of Notcoin in the Notcoin game is not limited to simply tapping coins. Here are some cheats that can significantly increase the speed at which you mine coins by using different speed-ups (boosts):
Full Energy: This is a free power-up that restores your energy. This power-up is refreshed every day, helping you to keep clicking longer.
Turbo: When activated, a rocket will appear next to the coins. Clicking the rocket will increase the amount of coins you mine, and will not consume energy during the turbo effect. This speed-up is also free and renews every 24 hours.
Multitap: As you level up, the amount of coins you get per tap increases. For example, at level 10, you can mine 10 Notcoins per tap.
Energy Limit: This indicates the amount of Notcoin you can mine at one time. Each upgrade increases your energy limit by 500.
Recharging Speed: This speed-up increases the rate at which your energy regenerates, allowing you to continue tapping and mining more quickly.
Auto Tap Bot: This is one of the most important speedups, it can automatically mine coins when you are offline. It can work for up to 12 hours in total. After that, you need to enter the application and collect the mined coins.
4. NOT
Notcoin (NOT) token is a community-based project that aims to guide users into the Web3 world through a simple Tap-to-Earn mechanism. The token was first launched on Binance Launchpool, allowing users to mine NOT tokens by staking BNB and FDUSD.
Here are the key details of Notcoin token:
Staking and Mining: Users can stake BNB and FDUSD into designated pools to mine NOT tokens over a three-day period. This process will begin on May 13, 2024 and last until May 15.
Token Supply: The maximum supply of NOT tokens is 102,719,221,714, of which 3% of the tokens (i.e. 3,081,576,651) will be used as rewards from Binance Launchpool.
Market listing: Binance plans to list the NOT token on May 16, 2024, and open trading pairs of NOT with BTC, USDT, BNB, FDUSD and TRY.
Smart Contract and KYC: Participants need to complete KYC verification, and the hourly staking hard cap is 3,637,972 NOT.
Continuous Airdrops: After the initial airdrop, more tokens will continue to be airdropped to users, which may cause token price fluctuations.
Notcoin co-founder Sasha Plotvinov described the launch as an experiment in token distribution. Notcoin hopes that its gamified token distribution method will provide a fairer and more direct way to earn tokens. Since the tokens are only available to people who play within the app, Plotvinov hopes the project can reward TON Foundation members in a fun way. The exact distribution ratio of NOT coins is currently unknown.
The launch of the Notcoin token is an important event that not only marks the beginning of a new cryptocurrency project, but also demonstrates a new form of community-driven and engaged. By distributing tokens through a simple gamification mechanism, Notcoin attempts to establish a fairer way to obtain tokens.
5. Project Evaluation
5.1 Track Analysis
The Notcoin project belongs to the field of gamified finance (GameFi), which is an innovative form that combines blockchain technology, cryptocurrency and game mechanics to achieve financial value-added through gamified experience.
Similar projects include:
1. Axie Infinity:
Axie Infinity is one of the most notable GameFi projects, which allows players to earn tokens by raising, battling, and trading blockchain-based creatures (Axies).
2. Decentraland:
Decentraland is a blockchain-based virtual world where users can buy, sell or develop their virtual land. It combines gaming, art and business activities on a decentralized platform.
3. The Sandbox:
The Sandbox is an alternative virtual world that provides the opportunity to create, own and monetize gaming experiences and virtual assets. Users can trade and interact on the platform using SAND tokens.
5.2 Project Advantages
1. Gamification elements combined with financial incentives:
Notcoin uses gamification (such as click mining) to allow users to earn virtual currency during participation and interaction. This model increases user participation and loyalty by combining fun and incentives.
2. Large user base:
With a strong user base and active support from influencers, NotCoin has a bright future.
3. Wide range of exchange support:
According to the information in the YouTube video, Notcoin will be listed on multiple well-known cryptocurrency exchanges, such as OKX, MEXC, Buybit, Kucoin, BingX, and Gate.io. This wide market access provides Notcoin with high liquidity and visibility.
Notcoin has received public support from TON Labs and TON Foundation, which adds significant legitimacy to the project. TON Labs and TON Foundation are serious and well-established organizations in the blockchain ecosystem, and their support provides a solid foundation for Notcoins reliability and future development.
4. Community-driven and decentralized:
Notcoin’s token economics strategy includes giving up ownership and a 0% transaction tax, which emphasizes its commitment to being fully open to the community and decentralized. This can enhance investor confidence in the transparency and fairness of the project.
5. Code openness and transparency:
Notcoin’s game code is open, allowing developers to audit its workings. This transparency greatly reduces the risk that the project may be involved in fraud, while also enhancing the trust of the community.
5.3 Insufficient projects
1. Initial stage of the project:
Based on the known information, Notcoin is still in its early stages of development, and its long-term success and sustainability remain to be verified. The future of the project depends largely on the development teams execution capabilities and continued community support.
2. Highly competitive market:
As mentioned earlier, GameFi is a highly competitive space with several mature projects such as Axie Infinity and Decentraland dominating the market. Notcoin needs to provide unique innovations or advantages to stand out in such a market.
3. Dependence on crypto market volatility:
As a blockchain-based project, Notcoins success depends largely on the performance of the overall crypto market. Market volatility may have an impact on Notcoins token value and the stability of the project.
6. Conclusion
Overall, Notcoin is an innovative GameFi initiative that cleverly combines blockchain technology with gamification elements to provide users with a digital economy environment that is both fun and profitable. With strong community support and open code audits, Notcoin not only enhances the transparency of the project, but also quickly attracts a large number of players around the world. Despite the high competition and volatility in the market, Notcoin has shown great potential and is expected to occupy a place in the crypto gaming industry.
