Play a game Game? For some, it's the playable characters and quests. For others, it's cards. And for crypto traders, it can be as easy as clicking a button to “collect” an unsold and unreleased meme coin to climb the internet leaderboard and earn future rewards.
Notecoin is a meme coin, for now, it's just an idea. It may be published on the TON blockchain in the future, but for now the project is more of an internet marketing plan than a real cryptocurrency. Notcoin is not currently “mining”, so calling the Notcoin button-click app on Telegram a “mining game” is technically a misnomer.
“No one knows when Notcoin will come out. When learning how to play the Notcoin game, nobody knows whether a Telegram message will be read or not worth anything.”
A statement from the Ton Foundation – which supports the Open Network (Ton), before the company withdrew due to regulatory oversight that was originally included in Telegram – further confuses the issue: “Notcoin will soon launch a digital asset based on Ton.”
The same press release stated that “Notcoin token does not exist, and Notcoin has no market value. NoteCoin functions as an in-game virtual asset in the Telegram Web3 ecosystem and does not function as a cryptocurrency.
The Tone Foundation's mixed message is not clear: Notecoin will be a true crypto-or. is not?
NotCoin isn't really a cryptocurrency at the moment, but “plans for a future token mint and distribution” are on the horizon, according to a representative of the project. Decrypt via email.
It is worth noting that Notcoin's. A nine-page white paper In the year Supposed to be November 2023, it's completely blank. Their click-and-collect interface was unveiled to the public last week following an official beta period that began in November.
Although over 1.2 trillion notcoins have been “collected” by what the Ton Foundation calls “Telegrams” Small app” According to the statement, meme coin doesn't really exist yet, so it has no value yet and players can't withdraw money.
It seems that players can Buy incentivesHowever, “donations” in real fiat currency promise more Notcoin rewards with one tap.
Who is behind Notcoin anyway? A statement from the Ton Foundation says: Open builders Maybe-meme-is behind the coin. Open Builders is funded for projects on the Tonster and is linked to the assembled Tonsterter. $1.5 million in seed funding To support projects based on last year's tons.
“The Open Builders team is not ready to release more details about the token distribution at this point,” a Notcoin representative said. Decrypt.
Another Notcoin representative said. Decrypt Open Builders consists of a total of ten members and is led by a founder. Sasha Plovinov (one Tons of related websites It lists Plovinov as the CEO of Tonsterter.
Not to be confused with Open Builders Notcoin, its predecessor Notcoin, whose typo-ridden website promises to launch a cryptocurrency of the same name but on the BNB Chain in 2019.
The TON blockchain and the TON token were originally developed by the Telegram team before it. In the year He left the project in 2020So it makes sense that Notcoin's click-to-collect experience takes place through a social messaging platform popular with many in the crypto industry (including Crypto Fraudstersunfortunately).
In a blog post, Ton Foundation describes NotCoin as “virality masterclass” and the clicking interface claims to have seen more than four million players. The Notcoin team itself now puts the figure at over five million. But like most blockchain games, it is difficult to verify how many participants are real players and how many are not. They can be bots Trying to make an airdrop simulation in the future.
Edited by Andrew Hayward.
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