Notcoin Investment Research Report
Project background and market positioning
Notcoin is a play-to-earn (P2E) game based on Telegram, developed by Open Builders and supported by the TON Foundation, running on The Open Network (TON) blockchain. Since its launch at the end of 2023, Notcoin has attracted over 35 million players through a simple tap-to-earn mechanism, becoming a phenomenal project in the Web3 gaming space. Its core gameplay involves 'mining' Notcoin (NOT) tokens by interacting with animated tokens in the Telegram chat interface, combining social features and low entry barriers, making it a beginner's tool in the blockchain and cryptocurrency fields. Notcoin's vision is to become the 'Netflix' of Web3 games, creating a diverse social gaming ecosystem by integrating third-party developers.