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The Telegram-integrated game Notcoin has soared to over 30 million players, setting the stage for a highly anticipated token airdrop expected to revolutionize player rewards.
Notcoin's Popularity Soars on Telegram with Record-Breaking Player Engagement
According to Decrypt, In-game data shows that Notcoin has reached over 30 million players via Telegram since its inception. Early Wednesday, Notcoin announced on X that it had reached a new high of more than 5 million daily active players for the first time.
Granted, this is based on in-game data—Notcoin is not currently on the blockchain, so the stats cannot be independently verified. However, there appears to be significant interest in Notcoin, and the in-game leaderboards are flooded with players who have been tapping the gleaming, golden coin for weeks, if not months, in anticipation of a crypto reward.
Notcoin will bring trillions of in-game coins to the blockchain via The Open Network, which Telegram founded before community developers took over in 2020.
Representatives for the game previously informed Decrypt's GG that the token generation event and subsequent airdrop to players would occur in late March or early April. However, players who haven't logged in in a while may find their mined coins significantly depleted, as Notcoin "burns" account balances by 5% per day after 30 days of inactivity.
Notcoin Introduces NFT Vouchers for Early Investors, Fueling Speculation and Trade
Earlier this month, Notcoin launched the ability for top players to convert sizable in-game coin balances into NFT vouchers that can be traded before the official token launch. Players can exchange 10 million or 100 million in-game coins for such a voucher, and whoever owns the NFT can redeem it for NOT tokens once it is on-chain.
The move lets cryptocurrency traders speculate on Notcoin's future price ahead of the token generation event. A source said that vouchers representing 10 million in-game coins are sold on the GetGems marketplace for approximately $25 in Toncoin (TON).
The largest sale to date was for a 100 million Notcoin voucher, which went for 1,100 tons, or approximately $4,180 at the time of purchase. So far, the vouchers have generated 1.2 million tons of total trading volume, or slightly more than $5 million at the current price.
On March 20, The Open Network announced a $115 million incentive program to attract developers and users to the network. The push will include apps that allow users to "get a taste of free tokens with simple mining mechanics," which it claims are "inspired by legends like Notcoin."
Photo: Notcoin/Twitter
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