Notcoin (NOT) Price

Who Created Notcoin?

Sasha Plotvinov, the founder of Open Builders, is the creative mind behind Notcoin. The concept of Notcoin stemmed from the goal to connect Telegram's extensive user network, which includes over a billion registered users, with the cryptocurrency universe.

How Does Notcoin Work?

Notcoin engages users through a 'tap-to-earn' model in a Telegram-based game, making the introduction to cryptocurrency fun and simple.

Notcoin's game mechanics are simple and engaging. Players tap on an icon in the Telegram app to earn coins. As they progress, they can take their earnings to the next level by using upgrades and boosts. The game also offers tasks and activities that add a strategic element and increase coin earnings. Social features like friend referrals can further enhance earnings.

Transactions within Notcoin are verified using the TON blockchain's consensus mechanism, specifically a variant of Proof of Stake (PoS) known as Block-Proof of Stake (BPoS). In this system, validators—who stake their own tokens as security—verify transactions and maintain network security, incentivizing them to uphold network integrity due to their substantial stake in the system. This method kills two birds with one stone: it is more energy-efficient than Proof of Work (PoW) and supports quicker transaction times and greater scalability.

When Was Notcoin Listed on Crypto Exchanges?

Notcoin debuted on major cryptocurrency exchanges such as Binance in mid-May 2024. Shortly after its listing, it reached an impressive market cap of over $1.5 billion. This remarkable achievement underscores the powerful combination of engaging gameplay, strategic marketing, and active community involvement that has propelled the project's success.