Notcoin Launches Story-Driven Telegram Game
Notcoin (NOT) is up +5.22% after launching a new story-driven game on Telegram in collaboration with the TON social projects team, Lost Dogs Co, and NFT platform Getgems.
Rise of Notcoin
Notcoin made headlines as the first Telegram game to adopt a clicker tap-to-earn model, attracting 35 million players. Users earned in-game currency by clicking a button, which led to a $1 billion NOT token airdrop on the TON blockchain. Currently, the NOT token boasts a market cap of $1.3 billion.
Various other Telegram games, including Hamster Kombat, Yescoin, and Catizen, have emerged; however, Notcoin was the first to shift away from the tap-to-earn model. Founder Sasha Plotvinov deemed it unsustainable, thus opting to conclude the mining phase on April 1.
Future Plans
Plotvinov revealed plans to maintain independence from the team over the next four years by establishing efficient subsystems.
Introducing ‘Lost Dogs’
The new free-to-play game, “Lost Dogs,” diverges from previous models, focusing on a dog-themed quest. Players join “squads,” invite newcomers, and vote on their dogs’ actions to help them find homes, with decisions impacting the narrative significantly.
Characters in the game are represented by Lost Dogs NFTs, launched in March 2023 on the Getgems platform. As the story progresses, these characters evolve, gaining special powers and becoming celebrities within the game.
Earning Mechanisms
Players earn Notcoins and a new in-game currency called WOOF through participation. Daily decisions influence their dogs’ stories, with players receiving shares of NOT tokens from a pool based on their choices.
WOOF serves as an initial in-game currency but may eventually transition to a TON blockchain-based token. The game will run for six weeks, with potential for future collaborations.
The Experience
“Lost Dogs” is characterized as a gamified experience where every decision impacts the story’s progression. The better the choices, the better the rewards for players.
Web3 venture capital firm The Open Platform (TOP) co-founded Notcoin and Getgems and supports the “Lost Dogs” game, having previously invested in Akedo Games and PLUTO Studio to further develop Telegram games on TON’s blockchain.
In a whimsical statement, Mad Tail, Chief Barking Officer of Lost Dogs Co, noted the importance of ideas turned into action, emphasizing the game’s enticing narrative and opportunities for players to engage with Notcoins and distribute WOOF.
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