Notcoin Reaches $1 Billion Market Cap After Introducing 'Earning Missions'

Recently, Notcoin rolled out a new feature called “earning missions,” which allows users to earn rewards in NOT tokens by completing quests. This has led to a significant impact on the market, causing the value of the NOT token to increase by 50%.

Notable Growth and Presence in the Market

The introduction of earning missions has resulted in a considerable surge in the NOT token’s value. Currently trading at $0.00971, the value has surged by 52% in the last 24 hours and 76.3% in the past week. This surge has propelled Notcoin’s market capitalization close to $1 billion, positioning it within the top 100 assets by market cap on CoinGecko. Furthermore, the 24-hour trading volume of NOT tokens has seen a substantial increase to $1.4 billion, a 327% surge from the previous day.

Notcoin Reaches $1 Billion Market Cap After Introducing ‘Earning Missions’

Overview of Notcoin

Notcoin is a Telegram-based “social clicker” game that enables users to earn in-game tokens by clicking on a gold coin on their screens. Players can also earn extra rewards by completing quests and utilizing boosts. In mid-May, Notcoin conducted a significant airdrop of its NOT token on The Open Network, allowing players to claim tokens based on the in-game coins they had mined. This airdrop, the largest gaming token launch of the year so far, made around 35 million players eligible to claim NOT tokens.

‘Earning Missions’: A Novel Way to Earn Rewards

The newly introduced “earning missions” offer users the opportunity to passively earn NOT token rewards by finishing quests. These quests typically involve engaging with the communities of “partner projects” and are assigned based on the player’s in-game level, which is determined by staking NOT.

Future Plans

Sasha Plotvinov, the founder of Open Builders, shared the ambitious vision for Notcoin. The aim is to evolve the game into a “Netflix of social, viral games,” acting as a platform for other developers to create their own cryptocurrency social games. This vision demonstrates a broader strategy to utilize Notcoin’s current success to cultivate a dynamic ecosystem of interconnected games and applications.

Through the integration of features like earning missions and expanding its offerings, Notcoin is set to continue its expansion and impact in the realm of cryptocurrency gaming.