Telegram-based cryptocurrency game Notcoin It said it collected nearly 9 trillion tabs during the mining phase. Gameplay currently paused Ahead of the launch of tokens coming from the open network—Decided on April 20th—Tapping has stopped now.
Notcoin plans to relaunch the game with a new reward model following the token launch and airdrop. This is because Notcoin will not issue any additional tokens as all pre-launch mining has been completed. Coins in the game are exchanged for NOT cryptocurrency tokens. open network When the launch takes place.
“The final supply of Notcoins in-game will be the final number of tokens available,” a Notcoin representative confirmed. decryptionThis week’s GG “Adjusted to reduce some zeros to create an easier trading experience.”
So how does mining work without new coins being created? Open Builders Founder Sasha Plotvinov said decryptionThe game will aim to capitalize on the massive interest generated by approximately 35 million Telegram users ultimately playing the coin tapping game, exposing blockchain users to new projects while ultimately providing rewards in the process.
“We want to keep playing this game,” Plotvinov said. “What we want to do is basically give users a few pools so they can continue mining or farming in those pools with a similar model. They can keep clicking buttons and earning coins with more complexity and fewer rewards than before. “Mining phase.”
So where does the reward come from? Plotvinov said decryptionNotcoin announced at GG in February that the project would create a model that would allow it to purchase Notcoins on the secondary market and then use them to fuel future gameplay rewards.
This is an extension of the work Notcoin has already started by rewarding users for learning about and following other projects. Notcoin officials confirmed this week that “promoting projects in exchange for NOT will become the main model for agriculture” and that official details will be announced soon.
“The project will actually buy Notcoins from the market and send them to a smart contract that will split them into a burn portion and a pool portion,” Plotvinov said in February. “This pool will be a resource of coins that will be distributed to people who click the button once we go on-chain.”
Recently, Notcoin asked users to selectively give up a portion of their in-game revenue to fund the ecosystem. It’s unclear whether this will also impact future gameplay rewards, but the message hints at that goal.
“Holding a meaningful amount of Notcoin for product development, future listings, and the millions of people who come next will help grow the ecosystem.” I wrote it last week. “If there are no good ideas for these tokens, they will be burned.”
How can Notcoin survive the airdrop? Plotvinov said Open Builders is looking to add trading bot functionality to the app, allowing Telegram users to buy and sell tokens within the messaging platform. This takes its cue from other bots created specifically for Telegram. Solana where BONKbot is the best bot..
A Notcoin representative confirmed this week that the plan is still moving forward. Plotvinov said he might develop a new kind of interface because “we understand that the text bot format is not for everyone.” A representative confirmed this week that “tools will be created for a new trading experience.”
They also added that Notcoin believes the token could be a beneficial integration into other Web3 games in the short term and potentially benefit traditional “Web2” games thereafter. Open Builders plans to develop an API that will allow game creators to plug features into their games so players can earn and cash out without having to integrate wallet support directly.
Ultimately, the goal of Notcoin’s post-airdrop evolution is to make the system as decentralized as possible, allowing projects to purchase NOT tokens and enter the ecosystem for players to participate in content and earn rewards. Nonetheless, Plotvinov said he is researching ways to prevent fraudulent projects without extensive oversight.
“We’re going to keep this as decentralized as possible,” he said. “We don’t actually want to participate in all these campaigns as reviewers or anything like that. We will try to strike a balance so that every project can be self-starting. But at the same time, we have a responsibility to the audience that comes to Notcoin. We don’t want people to face (fraud).”
Edited by Ryan Ozawa.
