$NOT: Missed Opportunities Could be very Painful for Onlookers

$NOT, a ticker of the famous NOTCOIN has been the talk of the crypto market for the past few hours. this could be some good news for holders and miners who participated in the concluded mining activity just before the coin's launch.
It is a normal thing for new coins or tokens to be ignored because of the lack of confidence from participants in the Web 3 world.

You either believe that a project is going to do well or just ignore the information about its existence.

Here, we will discuss the NOTCOIN and the reaction of onlookers after the pump in price.

What is $NOTCOIN?

$NOTCOIN is an example of a digital currency that is created and transferred via the blockchain.

It means it is not run by any individuals or bodies such as a government or president.

However, the system incorporates a set of computers that is responsible for processing and authorization of all the transactions.

The idea of the operation is that $NOTCOIN incorporates complicated codes that cannot be changed, thus making the transactions safe.

Each transaction is stored in a public register known as the blockchain; though it is open for anyone to read.

This way all the actions taken are transparent and everyone would be held accountable for their actions.

As it was mentioned before $NOTCOIN has some advantageous qualities compared to traditional money.

For instance, it can employ smart contracts which are Eiffel contracts that execute when specific conditions are met.

This can make several processes easier and eliminate intermediaries where necessary. It is possible to use $NOTCOIN for various purposes including spending through the internet, investing, or initializing and operate decentralized applications (DApps).

This is why many people who’ve been previously excluded from conventional financial systems might be interested in using it.

In plain English, $NOTCOIN is digital money that follows the principles of an actual coin and is protected against fraud and hacker attacks.

How Notcoin took over Telegram

Thus, Notcoin has emerged as a phenomenon in the social space, becoming positively influential and captivating millions of people using the services of the specified messenger known as Telegram.

Here's a breakdown of its journey:

1. The Clicker Game

Notcoin was introduced in November 2023, and it was introduced as an easy-click game within the Telegram application.

Users were rewarded with “Notcoins” (NOT) that were obtainable by simply tapping on a button, so it felt like “mining” cryptocurrencies.

The simplicity of this format contributed to the currency among the mass, especially in areas, such as Nigeria with a high usage of cryptocurrencies.

2. Viral Growth

The game became a major success and it started to gain humongous popularity just within a few months and yes, the record is correct, more than 35 million users.

This viral growth was fueled by several factors:
I). Simplicity: Thus, the click-to-earn gameplay, as a form of business model, was quite simple to comprehend and did not incur any complex actions from the side of the customers.

II). Potential for Earning: One of how the project was profitable was through not tokens, which were listed on some of the most popular crypto exchanges, and the ability to earn real money was a great appeal for many users.

III). Community Building: The Telegram bot also helped create a platform where users could share experiences and find ways of dealing with the same, thereby making them more engrossed.

3. Beyond the Game

The effect of Notcoin was not limited to the clicker game only and was widely spread among social media.

It Increased Telegram Usage: Through the game, many people started using Telegram; this rebooting shows the idea of enhancing its interactive features.

Inspired Similar Projects: Notcoin’s success led to other forms of clicker games and explore-to-earn apps rooted in the telegram platform due to the already existing user base and interest.

Prompted Controversy: It also contributed to skepticism concerning Notcoin’s sustainability and possible fraud in such a quick increase in value.

CONCLUSION
Telegram has been a home of different web 3 projects recently. This has increased the amount of users in the the telegram world. Despite how famous Notcoin was, not much people believed in the importance of tapping their phone to get the reward.