By
Chimamanda U. Martha
April 25th, 2024
The Telegram-based meme coin, Notcoin ($NOT) utilizes the tap-to-earn gaming mechanism to democratize its Web 3.0 GamiFi protocol.
United Arab Emirates-based cryptocurrency exchange Bybit announced the listing of Telegram-based meme coin Notcoin (NOT) on its Pre-Market Trading platform on Monday. According to the announcement, the trading of NOT tokens on Bybit’s Pre-Market Trading platform began on Monday at 10:00 am UTC, with the specific details on the delivery schedule expected to be released later.
“We urge you to keep an eye on the delivery schedule updates, as adhering to the timeline is crucial for a seamless trading experience. Please be aware that not following the delivery schedule could lead to the loss of your collateral,” Bybit noted in the announcement.
The listing of the $NOT tokens on Bybit’s Pre-Market Trading is an opportunity for its customers to get hold of the meme coin before it is listed for spot trading. The listing is a mutual benefit as NOT tokens will be available for trading to more than 26 million registered users.
On the other hand, the Bybit cryptocurrency exchange will benefit from increased trading volume from the NOT coin community.
According to the Notcoin website, it has accumulated more than 32 million players, with more than 5.4 million daily active members.
Closer Look at Notcoin (NOT) Project
The Notcoin (NOT) tap-to-earn Web 3.0 game has grown to a top-tier Telegram-based ecosystem in a short period. Already, more than 67.9 trillion NOT coins have been issued, while around 16 trillion units have been burned forever. In addition to playing the tap-to-earn game, Notcoin users can also earn more tokens through the ongoing referral program.
Remarkably, the Notcoin project has more than 2.4 million followers on the X social platform after joining in December last year. The fast growth of the NOT token is a representation of the huge potential of the Telegram-based meme coin. Moreover, a third of Telegram premium users are players of the Notcoin game.
How to Play
The Notcoin (NOT) web3 game is basically a viral clicker game that enables users to earn through tapping on the screen. The more NOT tokens accumulated, the higher the ranking in the leagues a player obtains.
However, Notcoin players can obtain in-game boosts and complete tasks in a bid to get more NOT tokens. Meanwhile, Notcoin players can invite users of different Telegram channels and groups to earn more referral points.
Market Check
The palpable growth of the Notcoin project closely mirrors the success of the Open Network Toncoin (TON), a layer one web3 ecosystem on the Telegram platform that has more than $83 million in Total Value Locked (TVL). As Coinspeaker previously reported, the Toncoin ecosystem has registered notable growth backed by real-world partnerships.
As of this writing, the Toncoin project was ranked the 12th largest digital asset with a fully diluted valuation of about $28.9 billion.