What Is Notcoin (NOT):
How to Buy Notcoin Guide

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Time to read: 10 min

Notcoin (NOT) is a Web3 gaming project within the TON ecosystem that launched on Telegram in January 2024. Notcoin quickly became extremely popular and joined the ranks of leading cryptocurrencies by trading volume and market capitalization. Let’s explore what Notcoin is, who’s behind it, and what exciting opportunities it offers.

Key Things to Know About Notcoin

Notcoin is a Play-to-Earn project on Telegram that launched on January 1, 2024. In this game, players mine a virtual currency called notcoins by simply clicking on a coin in a Telegram chat. This easy activity is free to everyone and requires no financial investment. Notcoin reminds us of crypto faucets — websites that gave out cryptocurrency for doing simple tasks. Notcoin brings this concept to a modern messaging app, blending elements of a clicker game with the chance to earn money.

The game mechanics feature elements designed to keep players engaged. Each tap earns a certain amount of Notcoin, but players have limited energy that replenishes over time. To boost earnings, players can use power-ups and complete tasks. Additionally, players can advance through different leagues, join team competitions, and invite friends to play.

Main Stages of Notcoin Development

The Notcoin project has evolved through several development stages:

  • Game Launch on Telegram (January 2024): Initially, players could earn the in-game currency Notcoin by simply tapping in a clicker game. Each tap added notcoins to their balance, and the energy needed for mining gradually replenished over time.
  • Transition to a More Complex System: The developers later removed the clicker element and introduced a more sophisticated economic model. Players now earn notcoins by staking them, advancing through levels, and completing missions, providing more engagement for active participants.
  • Expansion into the Market (March-April 2024): NFT vouchers, which could be exchanged for Notcoin, went on sale in March. In April, NOT was listed on major cryptocurrency exchanges like Binance, Bybit, MEXC, and Gate, attracting many new investors and traders.
  • Record-Breaking Market Performance (June 2, 2024): The price of NOT reached a new high of $0.02836. With a daily trading volume of $4.7 billion, Notcoin ranked fourth in the market, following only BTC, ETH, and USDT. In June, its total capitalization exceeded $2.1 billion.

Notcoin Team

The Notcoin project is backed by a team of experienced gaming developers from Open Builders studio. Its founder, Alexander Plotvinov, introduced the game at a conference in Dubai in 2023.

Another key team member is Sergey Chikirev, co-founder of Open Builders, who plays a significant role in Notcoin development and marketing. The team comprises over 20 people, including programmers, marketers, and blockchain experts, all focused on creating a successful game that integrates with the TON blockchain. Some experts also believe that Notcoin has ties to Pavel Durov and The Open Network (TON).

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How to Play Notcoin Game?

As mentioned before, Notcoin is a Tap-to-Earn game on Telegram where users can earn notcoins by tapping on an animated coin. Launched on January 1, 2024, Notcoin quickly attracted over 25 million users within the first two months of activity, growing to 33 million users by the end of three months.

Here is a quick overview of the Notcoin game features:

  • Concept: Users earn additional Notcoin by repeatedly tapping on an animated coin displayed on their phone screens within a Telegram chat.
  • Game Mechanics: Each click earns a certain number of Notcoin. Players have an energy limit that depletes over time; they must wait for it to recharge.
  • Boosters and Special Features: Players can purchase boosters that increase either the energy or the number of coins earned. For instance, completing tasks and engaging in turbo mode can boost earnings.
  • Leagues and Ratings: There are five leagues — Bronze, Silver, Gold, Platinum, and Diamond. Players advance through these leagues, join teams, and participate in gaming competitions.
  • Additional Earning Opportunities: Players can also earn notcoins by inviting friends to join the game, succeeding in leagues, and engaging with Web3 blockchain projects.

How to Earn Notcoin: A Step-by-Step Guide

To start earning in the Notcoin game on Telegram by Durov, the players had to follow these easy steps:

  1. Open the Telegram app and start the Notcoin bot.
  2. Press the ‘Start’ button in the chat.
  3. An animated Notcoin will appear in the chat. Start clicking on this coin repeatedly to earn NOT for each click.
  4. Keep in mind there’s an energy limit that decreases with each click but replenishes fairly quickly.
  5. Occasionally, rockets will appear on the screen. Catch these rockets to significantly increase your earning rewards from each click for a few seconds.
  6. Continue to level up, join leagues, and complete tasks to boost your income further.
  7. Use your referral link to invite friends, which provides another way to earn money.

Why Notcoin Price Is Going Up?

Analysts and traders identify several key drivers behind Notcoin’s rising value:

  • A well-planned Notcoin distribution model that introduces tokens gradually into circulation;
  • The strategic burning of Notcoin to manage inflation;
  • The efforts of market makers to boost liquidity and trading activity;
  • Notcoin’s integration with the TON blockchain drawing in additional capital;
  • A wave of excitement, the fear of missing out (FOMO), and a surge of interest from individual investors.

However, rapid growth often leads to the risk of a price correction. Investors who bought at the highest prices, often driven by FOMO, may start to sell their shares. This rapid selling can quickly drive the price down temporarily.

How to Buy Notcoin: Best Crypto Exchange to Buy NOT

Switchere.com is a user-friendly crypto exchange that offers one of the safest and most convenient ways to buy Notcoin. With robust security measures and a straightforward buying process, Switchere is suitable for both beginners and experienced investors looking to buy Notcoin securely.

At Switchere, you can purchase Notcoin using Visa, Mastercard, and Maestro credit cards, direct bank and SEPA transfers, Apple Pay, or Google Pay. Switchere also offers a full-featured mobile app for iOS and Android devices, enabling you to manage your account and Notcoin balance on the go.

Where to Store Notcoin?

To mint and sell NFTs or store Notcoin, you’ll need a crypto wallet that supports the TON blockchain. One standout option is TON Space — it’s decentralized and non-custodial, meaning you have full control over your assets.

Here are the key steps to set up a TON Space wallet in Telegram:

  • Start by opening the wallet in the messenger. It’s straightforward and doesn’t require any special skills.
  • Go to the wallet menu and select ‘Settings.’
  • Choose the option to display TON Space.
  • Follow the on-screen instructions to create your TON Space wallet. Remember to store the seed phrase in a safe place.
  • Consider setting up a backup with an email link for an extra layer of security. You’ll need to enter and confirm your email address with a six-digit code.
  • Before you can fully use your wallet, you’ll need to deposit some TON cryptocurrency to cover network fees for transactions like minting and selling Notcoin NFT vouchers.
  • To add funds, go to ‘Top up’ in TON Space, then choose ‘Transfer from wallet’ to move TON into your decentralized wallet. You can also transfer coins from any other crypto storage using an address or QR code.

Notcoin Future Plans

According to Notcoin co-founder Alexander Plotvinov, the primary goal of the Notcoin project is to serve as an infrastructure platform for third-party developers, especially in the GameFi sector. The upcoming plans include:

  • Launching SDKs and APIs to integrate Notcoin into games and apps;
  • Expanding the partner network and initiating cross-promotional activities;
  • Further developing the TON blockchain and enhancing collaboration with related projects;
  • Introducing sub-tokens for specific games and services;
  • Releasing NFT collections that incorporate gaming mechanics.

Notcoin integrates gaming into its core operations while steadily transforming from a simple Tap-to-Earn game into a comprehensive ecosystem like the TON blockchain. This shift opens new opportunities for the Notcoin project and its token holders.

Conclusion

Notcoin is a fascinating and promising project at the crossroads of GameFi and TON blockchain technology. Currently, it’s in the early stages of development but has great potential to become a leader in the new Web3 economy. Whether to invest in Notcoin is up to you, but it’s certainly worth keeping an eye on.

It’s also crucial to note that despite its impressive growth, investing in Notcoin carries significant risks. Fluctuations in its value, regulatory challenges, and stiff competition among GameFi tokens are all factors to consider before making a purchase.

Traders should keep a close watch on the price trends, trading volumes, and news related to Notcoin. However, the best way to support Notcoin is to use its upcoming applications and services, thereby boosting demand for the token.

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FAQ

  • Should I Invest in Notcoin?

    Investing in Notcoin involves risks due to volatility and regulatory challenges. Consider these factors and its current performance in trading arenas before making a decision to purchase Notcoin.

  • What Is the Best Way to Buy NOT?

    The best way to buy NOT is through Switchere.com, which offers secure Notcoin purchases using credit cards, bank transfers, and mobile payments.

  • How Is NOT Related to TON?

    Notcoin is part of The Open Network ecosystem and uses its blockchain for transactions and deeper integration. There are also speculations that Notcoin has ties to Pavel Durov.

  • What Is Tap-to-Earn Game?

    Notcoin game involves players receiving NOT currency by repeatedly clicking on an element in the digital interface.

  • How Can I Play Notcoin Tapping Game?

    The Notcoin game is no longer playable since the developers changed the game concept to a new model. However, the project currently offers other ways to receive Notcoin.

  • How to Track Market Data for Notcoin?

    You can track Notcoin data by monitoring cryptocurrency tracking platforms and financial news websites. These sources list Notcoin supply, price movements, and trading volumes across various markets.

  • What Is Total Supply for Notcoin?

    The total supply of Notcoin is a key element in its economic model. The current Notcoin total supply is 102,491,025,349 NOT.

  • How Good Is NOT Market Performance?

    Notcoin’s market performance has been strong, ranking it among the top cryptocurrencies in terms of trading volume and capitalization.

  • How High Can Notcoin Price Go?

    While predicting exact prices is difficult, Notcoin’s well-planned distribution and strategic burning suggest a potential for significant growth.

  • Will NOT Price Crash?

    While rapid growth suggests a strong tendency, Notcoin could face price corrections due to high investor expectations and subsequent sell-offs in volatile markets.

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