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Cryptocurrency News Articles
Notcoin (NOT): A Comprehensive Guide to the Telegram-Based Play-to-Earn Game
Sep 21, 2024 at 04:18 pm
Notcoin is a cryptocurrency token that you can earn by playing a play-to-earn game on Telegram. This concept of earning money seems legitimate.
Cryptocurrency is the new face of innovation. From revolutionizing the financial landscape to contributing to digital transformation, crypto has come a long way. It is one of the most essential applications of Decentralized Finance (DeFi).
According to Statista, experts forecast a massive adoption of the crypto solutions, which may account for 861 million users by 2025. This staggering number of users in a market signified exploding revenue. And why not when there are tons of innovative projects like Notcoin (NOT)?
What is Notcoin (NOT)? If you are a social media user, you will be familiar with Telegram. It is a social media messaging application where you can send or receive messages, calls, as well as video content. Now, there is a link between Telegram and Notcoin. Notcoin is a cryptocurrency project that allows Telegram users to earn money or crypto by playing games.
We will talk about this NOT token and more in this guide. We will cover the following aspects of NOT crypto:
Stay confident to learn about everything necessary to get started with Notcoin in this article.
Notcoin (NOT): Overview
Source
Notcoin is a cryptocurrency token that you can earn by playing a play-to-earn game on Telegram. This concept of earning money seems legitimate. However, it is true and possible. Notcoin has made it possible for millions of people who have joined the community on Telegram and X (formerly Twitter).
This is an effective addition to the Game Finance (GameFi) ecosystem. The GameFi market has already gone through plenty of innovations and upgrades. This led to a shift in the market size, boosting from $9 billion in 2021 to $90.51 billion in 2031. Web3 and Metaverse are also pivotal to the significant growth of GameFi.
What makes Notcoin (NOT) unique? It is the minimal and addictive gameplay of Telegram-based play-to-earn games, which makes Notcoin unique. Moreover, the origin and foundation of NOT on The Open Network (TON) has resulted in a huge community of supportive and loyal fans of NOT crypto.
History and Birth of NOT Token
Digital games are extremely popular and the gaming industry is one of the most lucrative industries globally. According to Grand View Research, the global video game market size was 242.39 billion USD in 2023. Experts forecast this market to grow at a 13.4% rate, gaining a value of $583.69 billion in 2030.
Given the widespread adoption of video games, the blockchain-creating team of The Open Network (TON), Open Builders, created the Telegram-based play-to-earn game, Notcoin. Notcoin is a simple and minimal game that anyone can play on Telegram. The best thing about Notcoin is its strong community on Telegram and other social media platforms.
This community guarantees the growth and sustainability of this game. The gameplay is simple and profitable. Gamers simply have to tap on a coin and each tap accounts for a reward in NOT tokens. It is the rule of thumb that higher taps mean a significant amount of NOT tokens.
Working of Notcoin
Notcoin is an important addition to the GameFi ecosystem. Its straightforward tap-to-earn mechanism enables players to make real money on the go. The question is, how does the Notcoin game work? The Open Network (TON) blockchain is the core technology behind the functionality and operation of Notcoin games.
TON is a secure and scalable open-source blockchain network with every single application and infrastructure needed for the development of a successful dApp or other blockchain solution. With the core technology of TON and integration on Telegram, Notcoin paves the way for gamers to make money.
When a player starts playing Notcoin, each tap will generate 1 Notcoin. After a threshold, players can withdraw their Notcoins and convert them into another cryptocurrency. Once players convert NOT Token into their desired cryptocurrency, they can start crypto trading or invest in whatever they want.
The Open Network (TON)
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TON is a one-of-a-kind blockchain infrastructure with all essential solutions and applications. From the core blockchain to internet service provider, data storage, and more, TON offers everything to enhance the accessibility of the internet.
Started in 2017 by Telegram as the Telegram Open Network, it rebranded to The Open Network due to legal proceedings. The rebranding did not change the vision of this revolutionary crypto project. TON Foundation is the managing organization of this project.
TON has a distinguished working model, which includes:
The interconnection of these different components of the TON network allows smoother functionality and interoperable working. These are the factors behind the unmatched scalability, security, and decentralization of TON.
Vitality of TON
TON envisioned a network that is free from authorities and their intervention. The open internet for everyone became its motto. Due to its
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