Notcoin Game Relaunches with Innovative Rewards System, Aiming for Decentralization

Notcoin, a Telegram-based crypto game, ended its mining phase with nearly 9 trillion taps. Post-token launch, the game will relaunch with a new rewards model that uses pre-mined coins to fund gameplay and project promotion. Open Builders, the game's creator, plans to incorporate trading bot functionality and make Notcoin accessible to other Web3 and Web2 games through an API.

Notcoin Game Relaunches with New Rewards Model

Following a successful mining phase that garnered nearly 9 trillion taps, Telegram-based crypto game Notcoin has paused gameplay ahead of its token launch on The Open Network. However, the game is set to relaunch with a new rewards model, as Notcoin has declared that it will not mint any additional tokens.

Rewards Model Shift

All pre-launch mining has concluded, and the in-game coins will be swapped for NOT crypto tokens on The Open Network when the launch occurs. With no new coins being generated, the game will adopt a new method of distributing rewards.

Open Builders founder Sasha Plotvinov explained that the game will leverage its vast user base to expose blockchain users to new projects while rewarding them in the process. Users can continue mining or farming coins by participating in pools and clicking a button. However, the rewards will be less than those earned in the mining phase.

Reward Distribution

Projects will acquire Notcoins from the secondary market and allocate them to pools for reward distribution. Users who engage with these projects, such as learning about them or following their social media channels, will earn rewards.

"The promotion of projects in exchange for NOT will be the main model for farming," a Notcoin representative confirmed.

Ecosystem Fund and Future Plans

Notcoin recently introduced an optional feature for users to contribute a portion of their in-game earnings to an ecosystem fund. While it remains unclear if this will influence future gameplay rewards, it suggests a potential mechanism for supporting the ecosystem.

Open Builders plans to enhance the Notcoin app with trading bot functionality, allowing Telegram users to buy and sell tokens within the platform. The company is developing a tool for a new trading experience to improve user accessibility.

Integration with Other Games

Notcoin aims to integrate its token into other Web3 games and potentially traditional "Web2" games in the future. Open Builders plans to develop an API that will enable game creators to integrate Notcoin functionality into their games, allowing players to earn and cash out NOT without requiring direct wallet support.

Decentralization and Scam Prevention

Notcoin's post-airdrop evolution aims to foster decentralization by allowing projects to acquire NOT tokens and participate in the ecosystem. However, Plotvinov emphasized the need to prevent scammy projects from exploiting the system.

"We will try to balance this thing [so that] any project can launch it themselves—but at the same time, we are quite responsible for the audience that came to Notcoin. We don't want people to face [scams]," he said.

Notcoin aims to strike a balance between decentralization and responsibility to ensure a secure and rewarding user experience. Edited by Ryan Ozawa.