Notcoin (NOT), GOMINING, and STON.fi (STON) are driving the momentum within the TON ecosystem.
In the ever-evolving realm of cryptocurrencies, The Open Network (TON) has made significant strides this year. Telegram, with its 900 million monthly active users (MAU), represents one of the largest distribution channels for Web3-adjacent users. Being perceived as more secure and protective of user privacy, the messenger has established itself as the primary crypto communication app. Every non-US user automatically receives an abstracted crypto wallet upon registering on Telegram, making the TON ecosystem one of the strongest candidates to push Web3 adoption at scale.
With the rise of TON itself (having a market cap of $18.26 billion as of this writing and hitting its all-time high of $8.25 on June 15, 2024), numerous projects have emerged, capturing the attention of the crypto community. The TON ecosystem currently features over a hundred coins, categorized into various segments such as utility tokens, meme coins, DeFi projects, and NFT-related tokens. According to recent statistics, the TON blockchain is experiencing significant activity with over 4.70 million transactions per day, about 367K active daily wallets, and around 8.1 million NFTs minted. Additionally, there are 50.84 million Toncoin locked in liquid staking. Moreover, the integration of USDT (Tether) on TON is now live across over 60 platforms worldwide, including marketplaces, travel platforms, exchanges, and wallets, extending the TON blockchain's connectivity.
Still, the TON ecosystem is flooded with speculative coins and extremely volatile meme tokens that are difficult to predict and unsuitable for long-term investment. However, some coins within the network offer real utility and have a high probability of being in demand in the future. From TON's promising lineup, a trio of projects catches the eye, boasting solid foundations and a winning formula for long-term success. In the post-halving era, the crypto market's overall growth is projected to surge, which could give these projects an extra boost.
1. Notcoin (NOT)
Notcoin (NOT) has been one of the most talked-about projects in the TON ecosystem. Developed by Open Builders, Notcoin initially appeared as the first tap-to-earn project in the crypto and Web3 space. Launched as a Telegram mini-app in January, Notcoin quickly became a sensation in the gaming community, attracting over 35 million players and 6.5 million daily active users, who earn real NOT tokens by participating in the game and other community activities.
Source: notco.in
The value of the Notcoin airdrop, which distributed tokens to 11.5 million people, reached $2.5 billion. The NOT token was listed on major cryptocurrency exchanges like Binance. According to the latest data, players have accumulated around 65 trillion game coins in total.
Notcoin offers additional earning opportunities through in-game tasks and referrals. Tasks include subscribing to Telegram channels and participating in community activities, while referrals involve inviting friends to join, with higher bonuses for Premium Telegram users. Players can also join squads for collective rewards and compete in leagues: Bronze, Silver, Gold, Platinum, and Diamond.
The total supply of NOT tokens is 102.7 billion, with 78% allocated to early miners and voucher holders, and 22% reserved for new users and development. A 1,000:1 conversion ratio bridges in-game Notcoins to NOT tokens. Additionally, Notcoin employs a burning mechanism to reduce supply, with $3 million worth of NOT tokens already burned and plans to burn or distribute another $5 million.
Future incentives include $4.2 million worth of Notcoins for Gold and Platinum users in the Notcoin Explore initiative. Notcoin Explore, the platform for launching Web3 projects, has also gained significant traction. Over 200 projects have already launched community activities via Notcoin, with 22.5 million users participating. The minimum rewards amount for campaigns is $20,000 in Notcoin tokens, and the average cost per completed campaign is $0.10 to $0.20.
2. GOMINING
GOMINING is a standout utility token on a platform that tokenizes hashrate, simplifying entry into the mining space for everyday users and OTC traders. Although the TON-based GOMINING token has just been launched, it is a native token of GoMining, a premier Bitcoin mining company with nine data centers worldwide, which already has Ethereum (ERC-20) and Binance Smart Chain (BEP-20) GOMINING tokens integrated into its ecosystem.
GoMining offers industry-first NFTs (digital miners) backed by real shares of computing power ranging between 1 and 5,000 TH/s for each digital miner through the Liquid Bitcoin Hashrate (LBH) protocol. In this system, while the physical mining equipment and
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