Notcoin (NOT), a play-to-earn crypto on Telegram’s Open Network (TON), combines social gaming with token earning. After rapid growth, it’s recently crossed into the crypto gambling scene, too.
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Highlights
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Notcoin has taken the crypto scene by storm, and it’s currently standing on the threshold of the crypto gambling scene, as well.
If you’ve found yourself on this page, you’re probably wondering:
Only one crypto casino has been wise enough to add NOT to its portfolio:
BetFury has always been a trailblazer where niche cryptos are concerned, which is why we weren’t surprised that the platform is the first to offer NOT transactions.
Fortunately, if you find yourself with a surplus of NotCoins, then BetFury is the perfect platform to try your luck on. Here’s why:
BetFury’s sportsbook is also widely known and loved. So sports betting with NOT is definitely on the cards, if you’re interested.
Now, you might be wondering about what kind of limits BetFury imposes on NOT transactions:
| Min. Deposit | Min. Withdrawal |
|---|---|
| 150 NOT | 150 NOT |
As you can see, the limits are very reasonable. And in even better news, BetFury has no maximum deposit or withdrawal limits for NOT transactions.
Convinced? Here’s where to sign up:
Notcoin, identified by the ticker NOT, is a new cryptocurrency embedded within a play-to-earn game on the Telegram messaging platform.
This digital currency has rapidly gained traction, securing a place in the top 50 cryptocurrencies by market capitalization as of 2024.
Originating from The Open Network (TON) blockchain, Notcoin offers a unique blend of gaming and earning, primarily through a tap-to-mine mechanism where users tap a virtual coin to accrue NOT tokens.
Notcoin was born from a play-to-earn game launched in late 2023, featuring a simple tap-to-earn interface on Telegram where players tapped a virtual gold coin to mine NOT tokens.
By May 2024, the gameplay evolved to include tasks and quests, increasing player engagement and expanding the ways users could earn tokens.
The update was accompanied by a significant increase in the value of NOT tokens. Now, NOT is available on several exchanges and can be bought, sold, or exchanged.
Despite its popularity and innovative approach, Notcoin lacks a detailed whitepaper, leaving some aspects of its structure and future plans ambiguous.
However, it continues to draw significant attention, with plans to further integrate with TON and expand its ecosystem, potentially including more games, trading functionalities, and an NFT reward program.
So, how does Notcoin fare against the biggest crypto for online gambling?
| Feature | Notcoin (NOT) | Bitcoin (BTC) |
|---|---|---|
| Primary Use | Play-to-earn token within a Telegram-based game. | Decentralized digital currency primarily used for transactions. |
| Launch Year | 2023 | 2009 |
| Blockchain | The Open Network (TON) | Bitcoin’s own unique blockchain. |
| Consensus Mechanism | Not explicitly detailed, but operates under TON’s protocol. | Proof of Work (PoW) |
| Supply Limit | Fixed total supply of approximately 102.7 billion tokens. | Capped at 21 million coins. |
| Mining/Creation | Tokens are “mined” through game interactions like tapping a coin. | Mined through solving cryptographic puzzles with high computing power. |
| Main Purpose | Enhancing gaming experience and integration with social features. | Serves as a store of value and means of exchange. |
| Market Entry | Through playing the game and completing tasks within the app. | Purchased on various cryptocurrency exchanges or mined. |
| Utility | Used within the game for boosts, staking, and trading. | Used for a wide range of financial transactions, investments, and saving. |
| User Base | Primarily gamers and Telegram users. | Broad global adoption with diverse users interested in finance, technology, etc. |
| Volatility | Potentially high due to its newness and game-based mechanics. | Relatively high but more stabilized due to its longer existence and wider acceptance. |
| Regulatory Scrutiny | Unclear, as the game lacks detailed documentation like a whitepaper. | Heavily scrutinized and regulated in many countries. |
| Innovation | Integrates cryptocurrency with social gaming on a messaging platform. | Introduced the concept of decentralized finance and blockchain technology. |
| Availability | Only available at one crypto casino: BetFury. | Widely available at crypto casinos, as the most popular crypto for gambling. |
We wish there were a simple answer to this question, but unfortunately:
It all depends on where you live, and your region’s individual cryptocurrency and gambling laws and regulations.
If you live in a country that is super lax about cryptocurrencies and online gambling, you’re likely in the clear.
Here are some good ways to find out if you can safely gamble with NOT:
When used in combination, the methods above are usually foolproof. Make extra sure you’re in the clear before depositing funds, or you could run into payout issues later down the line.
So, there you have it, a guide to Notcoin’s iconic entrance to the crypto and online gambling scenes.
While BetFury is currently the only reputable crypto casino accepting NOT transactions, we suspect that other crypto-first casinos will add the coin to their portfolios if NOT remains on its current trajectory.
We’ll be sure to keep our ears to the ground and update you as soon as more casinos welcome Notcoin.
