Notcoin Launches Notcoin Explore to Spur Development of Web3 Projects

UTC by Leon Okwatch · 3 min read
Notcoin Launches Notcoin Explore to Spur Development of Web3 Projects
Photo: Depositphotos

Notcoin Explore has already facilitated the launch of over 200 projects, engaging a total of 22.5 million users.

Notcoin, a prominent player in the Telegram-based gaming sector, has officially launched Notcoin Explore, a platform aimed at accelerating the growth of Web3 projects. The announcement, made via X (formerly Twitter), outlines a streamlined process for launching projects and engaging users within the Telegram ecosystem.

A New Era for Web3 Projects

Notcoin’s latest platform, Notcoin Explore, promises to simplify the onboarding process for new Web3 projects. This initiative provides two main benefits: users can find and support new projects while earning rewards, and projects can quickly attract an active audience through an easy launch process.

According to Notcoin’s X post, interested projects can join by clicking “I want my project here”, after which they can create campaigns, fill out necessary details, make payments, and launch.

Notcoin Explore has already facilitated the launch of over 200 projects, engaging a total of 22.5 million users. Campaigns offer a minimum reward of $20,000 in Notcoin tokens, with an average cost per completed campaign ranging from $0.1 to $0.2.

Despite the promising framework, Notcoin has faced challenges. The platform’s market value has plummeted by more than 35% in the last week, now trading at $0.0097. This decline is linked to heightened competition in the tap-to-earn crypto project sector, where newcomers such as Hamster Kombat, Tapswap, Blum, and Dotcoin are gaining considerable traction among users.

Strategic Partnerships and Future Plans

Notcoin is expanding its reach through strategic partnerships and ambitious plans. A recent collaboration with Helika, an AI-driven analytics firm, gave rise to the Telegram Gaming Accelerator. This partnership aims to foster the creation and launch of new mini-apps within the Telegram platform, enhancing opportunities for game developers.

Helika’s CEO highlighted the massive opportunity for game developers to connect with Telegram’s large user base, focusing on deeper engagement and global reach. The Telegram Gaming Accelerator will assist developers in leveraging Telegram’s platform for games with simple gameplay and real crypto rewards. This approach has already worked well for Notcoin, which quickly reached a $2 billion market capitalization after launch, although it has since retraced.

Transitioning beyond Clicker Games

Notcoin’s pseudonymous founder, Sasha, has revealed plans to shift focus from simple clicker games, where users tap buttons to earn currency. Instead, the platform will aim for sustainable models that encourage long-term engagement and revenue.

Sasha sees Notcoin becoming a central hub for launching and supporting various projects, boosting demand for its token, and engaging users in new Telegram games. The platform plans to introduce up to 100 campaigns weekly, allowing users to earn rewards by participating in different projects. This model, focused on user engagement and token utility, is expected to provide sustainable growth and long-term viability for Notcoin and its associated projects.

Blockchain News, Cryptocurrency News, News
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