<img src="https://crypto.news/app/uploads/2023/12/crypto-news-Zero-fraud-security-is-still-a-challenge-in-web3-gaming03-1.webp” />
Disclaimer: This article does not constitute investment advice. The content and materials appearing on this page are for educational purposes only.
Notcoin’s latest venture ushers in a new era for Telegram-based crypto games with a story-driven, nft-powered experience.
2024 has undoubtedly been a big year for the web3 gaming space. One of the most notable projects has been Notcoin, which has racked up millions of dollars in revenue and a horde of users. The clicker game gained over 20 million players in just a month since its launch and proved that crypto gaming has taken a new direction.
This is especially true when you consider Telegram as a platform. It has always been popular within the cryptocurrency space but has lacked compelling crypto gaming projects. With the launch of Notcoin, a new era has begun where investors are clamoring to buy Telegram-based games. As you will see in the list of Valuewalk Cryptocurrency Pre-sale Projects Because of Kane Pepi, many games of that genre have become very popular.
Another notable trend in the crypto gaming space is crypto gambling, which is much bigger these days. Because cryptocurrencies allow consumers to gamble while retaining more privacy and also doubling their profits, they have become a billion-dollar sector. With all this in mind, the teams behind these projects will want to strike while the iron is hot, hence Notcoin’s latest announcement.
A new Notcoin company
Notcoin has announced a new partnership with nft collection Lost Dogs and The Open Network (TON)-based nft marketplace Getgems. Together, the three will launch a new web3 game, but unlike Notcoin, it will be story-driven. The purpose of this, it has been explained, is to provide deeper engagement for players and create more experiences that are not solely focused on cryptocurrencies.
As Notcoin's management explains, they are aware that the click-to-earn model is not sustainable in the long term, no matter how much success they have already had. So what will this new game be about?
Players will interact as Lost Dog characters and evolve as they complete challenges and accumulate new achievements. This creates a story that players can enjoy and stay engaged with.
“Everything in our lives is a form of storytelling. Life itself is a narrative concept. So our goal was to establish this synchronicity in our game: as above, so below,” said Mad Tail, the director of the Lost Dogs series.
The choice of nft
It's rather curious that this new venture is based on nfts. These assets have seen their popularity rise and fall over time. When they first came on the scene, they were immensely popular, with collections like Bored Ape Club dominating millions for a single asset.
However, their value plummeted around 2022 as the public increasingly criticized them amid the crypto winter. As far as some critics were concerned, nfts were done for. In the past year, nfts seem to have had a nft-market-make-comeback-exploring-resurgence-amid-crypto-rally-9a5a534255fe” target=”_blank” rel=””>resurgence in popularity, and consumers appear to be less hostile towards them.
It therefore makes sense that Notcoin is partnering with an nft-focused project to power this new web3 game. However, only time will tell how the public will react to this new game.
Disclaimer: This content is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users should conduct their own research before taking any action related to the company.