Notcoin creators presented a platform for accruing crypto for storing coins in a Telegram wallet. How does it work?
Autumn turned out to be eventful in the Telegram Open Network or TON ecosystem. First of all, the network hosted an airdrop of the Hamster Kombat project token, which affected more than a hundred million users. And although it ultimately disappointed players, the mass event still showed the crypto industry participants the potential of this blockchain. Now it may be expecting another influx of users due to a new initiative from the developers.
The popularity of the Telegram messenger has contributed to the hype around various applications in this ecosystem. However, installing a crypto wallet in Telegram is very simple, which is why many people have shown interest in what is happening in the world of crypto.
By the way, the availability of platforms based on the TON blockchain sometimes led to funny situations. For example, at the end of October, users began to complain about the unfair distribution of tokens in the game “X Empire”. Previously, it was called “Musk Empire” and is generally based on the personality of a famous billionaire.
So some players started tweeting at Elon Musk, demanding he sort this out. However, he, of course, has nothing to do with the project.
Well, the incident made it clear how inexperienced some crypto game users are. In addition, it became generally obvious that most newbies do not even do the minimum research on the project they get involved with.
How to earn cryptocurrency in Telegram
A new product in the TON ecosystem was presented by the Open Builders team, which is responsible for creating a popular clicker called Notcoin. The new project is called Earn — we are talking about a launch pool platform that should reward holders of tokens based on the TON network in the built-in Telegram wallet.
At the same time, the wallet supports TON, HMSTR, USDT, Bitcoin and other popular crypto assets. For example, the day before we received a useless airdrop of the MAJOR token worth approximately $1.
According to The Block , Earn is the first such initiative from Notcoin representatives. Its goal is to encourage the participation of ordinary players in what is happening within the TON ecosystem, who will be able to access rewards without the staking procedure and other complicated things for beginners.
Where do the Earn rewards come from inside Telegram?
As the developers noted, the rewards of the Earn platform users are essentially an aiddrop of tokens of new projects. Their creators share part of the offer with holders of existing popular tokens in the TON network such as NOT and DOGS.
Users can participate in several project pools at the same time. For this, they will receive hourly rewards depending on the place of a certain person in the general leaderboard, which will be formed during the so-called snapshots of current balances, that is, a kind of snapshots of the blockchain.
The developers also announced the availability of exclusive pools for gold, platinum and early Notcoin stakers.
This feature suggests that earnings within the Earn platform will be negligible. Still, a large number of participants means dispersion of the reward, which in itself is unlikely to be significant. One way or another, it is more profitable for developers to launch more tokens on the free market than to simply share the value with everyone.
Again, this was confirmed by the Hamster Kombat airdrop in September. Since tens of millions of people participated, the average reward for each of them was insignificant.
To start working, the user only needs to request access to a specific pool. Then the balance of the wallet used will be automatically checked and the reward will start accruing. That is, you won’t have to transfer your crypto anywhere or send it to staking here .
The developers note that the conditions for participation in each individual pool differ from each other. However, currently the rewards are distributed among the 100 thousand largest holders of a particular token.
One of the first projects presented on the Earn platform was the BUILD token. Also in December, we are expecting the launch of NOT PX tokens, which should attract additional attention from users.
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