- Notcoin’s innovative approach leads to $1 billion token airdrop and plans for sustainable growth.
- Sasha emphasizes sustainability, highlighting Catizen’s success and Notcoin’s future strategies.
Since it invented the clicker model, Notcoin has created a lot of buzz in the Telegram gaming community.
The idea was straightforward at first: players would press a button to obtain in-game money, which finally resulted in an amazing $1 billion token airdrop. Notcoin did not, however, end there.
Notcoin: Pioneering and Evolving in the Telegram Gaming WorldÂ
It was time for a change after the pseudonymous founder, Sasha, realized the drawbacks of the free reward scheme with possible airdrops.
Concerning the viability of such models, Sasha said, “I do not expect it will last forever.” In the long run, only games with sustainable models will succeed, in his opinion.
One excellent example of a game with a sustainable model, according to Sasha, is Catizen. Claiming that more than half of its users are paying clients, Catizen makes millions of dollars a year. This emphasizes the need to add value above and beyond freebies.
Future Plans for NotcoinÂ
Regarding Notcoin, Sasha wants to get past the clicker storyline. Building scalable and effective subsystems that will enable the project to become self-sufficient of the founding team is the aim for the next four years.
A current focus is on campaigns that allow players to participate in other, more recent Telegram games to earn NOT. This strategy intends to burn some tokens in the process of igniting demand for Notcoin and launching other ecosystem initiatives.
“It is similar to farming in that you only provide your time and attention rather than money. As we don’t have to create a new Notcoin, this model enables us to be sustainable,” Sasha said.
Still, this is only one of the few possible subsystems being investigated. Others might include games platforms, tournaments, contributor incentives, or even a decentralized AI-based university.
Sasha stressed the experimental nature of these models. “Some models will die; some will evolve and become profitable,” he remarked. Gamers can play alone or in squads to compete against other squads on leaderboards.
Influencers supplying their community links are what propel this. Since there were so many participants, the biggest influencer only received 0.2% of the overall airdrop, even though they were able to invite 200,000 individuals.
Global Engagement and Market Trends
Demand for Notcoin has been strong in nations including Iran, Uzbekistan, Nigeria, the United States, Germany, and Russia. Iranian consumers were limited in their withdrawals nonetheless.
The software sets various limitations on withdrawals to self-hosted wallets and gives priority to crypto exchanges.
Notcoin said that the demand is greatest in countries such as Russia, Uzbekistan, Nigeria, the United States, Germany and Iran. The plan for the next four years is to establish subsystems, including contests, means of incentivizing contributors, game platforms, or even a…
— Wu Blockchain (@WuBlockchain) June 19, 2024
Meanwhile, CoinMarketCap data show that Notcoin (NOT) is presently trading at $0.0159, up 0.51% in the last day but with a bearish trend of 3.13% over the previous week.
On the other hand, a prior ETHNews report highlighted Hamster Kombat, another “tap-to-earn” game on the Telegram TON blockchain, that has drawn over 150 million players.