What Is Notcoin? A Tap-to-Earn Adventure in the Web3 World
What is Notcoin?
Notcoin was originally a Telegram-based game with a “tap-to-earn” mechanism. Launched in late 2023 as a mini-app on Telegram, the game allowed users to collect virtual Notcoins by simply tapping on the coin icon on the screen. This simplicity, coupled with integration with Telegram, which has a large user base, made Notcoin go viral and attract millions of players in a short time.
Now, Notcoin has transitioned from being a game to a real cryptocurrency token on the TON (The Open Network) blockchain. The token was officially launched on May 16, 2024 and is listed on major exchanges such as Binance, OKEx, and others.
Notcoin Main Details
Tokenomics:
Total Supply : Approximately 102.7 billion NOT tokens.
Distribution :
78% (approximately 80.2 billion tokens) are allocated to early miners and voucher holders from the game phase.
The rest is used for ecosystem development, community incentives, and future projects.
Launch : 100% of the token supply was released on day one, with no vesting schedule, to ensure fair distribution.
Conversion from Game :
During the mining phase which ends on April 1, 2024, players collect Notcoin in the game.
After that, in-game Notcoins are converted into NOT tokens at a ratio of 1000:1 (1,000 game Notcoins = 1 NOT token) via airdrop to active players.
Blockchain:
Notcoin runs on TON, a fast, secure, and scalable layer 1 blockchain, originally developed by the Telegram team before becoming an open-source project.
Market Statistics (As of February 2025) :
Price : Notcoin price is very volatile like most cryptocurrencies. Based on the latest trend, the price has reached a peak of $0.029 in June 2024, but is currently estimated to be in a lower range (e.g. $0.003-$0.007, depending on the real-time source).
Market Cap : Around $300-$700 million, placing it in the 150-200th rank among global cryptocurrencies.
Trading Volume : Varies, but has reached nearly $758 million in 24 hours at peak periods.
Features and Uniqueness
Tap-to-Earn : The initial mechanism that made it popular, allowing ordinary users to enter the Web3 world without any initial investment.Strong Community : Over 35 million users have played Notcoin, with an active Telegram community to this day. Phase Evolution : Once the mining phase is complete, Notcoin switches to an “explore-to-earn” model, where users can earn tokens by exploring Web3 products or contributing to the ecosystem.
Future plans include a platform for social and viral games, dubbed the “Netflix for games” by one of its creators, Sasha Plotvinov.
Achievements and Support
Viral Growth : From closed beta in November 2023 (650,000 users), to 5 million players within a week of official launch on January 1, 2024.TON Foundation Support : Providing technical resources to strengthen its operations.Praise from Pavel Durov : Telegram founder calls Notcoin a testament to the effectiveness of the Telegram/TON ecosystem for app developers and crypto enthusiasts.
Prospects and Challenges
Potential : With a large user base and TON integration, Notcoin has the potential to become a major player in the GameFi and Web3 sectors.Risks : The crypto market is highly volatile, and Notcoin experienced a significant price drop after its initial listing. Its long-term legitimacy is also still being tested.
February 2025 Projection
Bullish Scenario : If a breakout occurs and volume increases, the price could test $0.008-$0.010 in the short term.Bearish Scenario : If the $0.005 support fails to hold, the price could drop to $0.0035-$0.004, especially if the overall crypto market is bearish.Neutral Scenario : Price remains in the range of $0.005-$0.007 with low volatility, awaiting catalyst.