Key Things to Know About Notcoin
Notcoin is a Play-to-Earn project on Telegram that launched on January 1, 2024. In this game, players mine a virtual currency called notcoins by simply clicking on a coin in a Telegram chat. This easy activity is free to everyone and requires no financial investment. Notcoin reminds us of crypto faucets — websites that gave out cryptocurrency for doing simple tasks. Notcoin brings this concept to a modern messaging app, blending elements of a clicker game with the chance to earn money.
The game mechanics feature elements designed to keep players engaged. Each tap earns a certain amount of Notcoin, but players have limited energy that replenishes over time. To boost earnings, players can use power-ups and complete tasks. Additionally, players can advance through different leagues, join team competitions, and invite friends to play.
Main Stages of Notcoin Development
The Notcoin project has evolved through several development stages:
Game Launch on Telegram (January 2024): Initially, players could earn the in-game currency Notcoin by simply tapping in a clicker game. Each tap added notcoins to their balance, and the energy needed for mining gradually replenished over time.
Transition to a More Complex System: The developers later removed the clicker element and introduced a more sophisticated economic model. Players now earn notcoins by staking them, advancing through levels, and completing missions, providing more engagement for active participants.
Expansion into the Market (March-April 2024): NFT vouchers, which could be exchanged for Notcoin, went on sale in March. In April, NOT was listed on major cryptocurrency exchanges like Binance, Bybit, MEXC, and Gate, attracting many new investors and traders.
Record-Breaking Market Performance (June 2, 2024): The price of NOT reached a new high of $0.02836. With a daily trading volume of $4.7 billion, Notcoin ranked fourth in the market, following only BTC, ETH, and USDT. In June, its total capitalization exceeded $2.1 billion.
Notcoin Team
The Notcoin project is backed by a team of experienced gaming developers from Open Builders studio. Its founder, Alexander Plotvinov, introduced the game at a conference in Dubai in 2023.
Another key team member is Sergey Chikirev, co-founder of Open Builders, who plays a significant role in Notcoin development and marketing. The team comprises over 20 people, including programmers, marketers, and blockchain experts, all focused on creating a successful game that integrates with the TON blockchain. Some experts also believe that Notcoin has ties to Pavel Durov and The Open Network (TON).
