Notcoin Co-Founder: Tap-to-Earn Model is "Basically Dead"

Odaily Planet Daily News At the Token2049 event held in Dubai, Notcoin co-founder Sasha, along with Vladimir Plotvinov and product manager Uliana Salo, stated in an interview that the Tap-to-Earn model is difficult to attract players in the long term and is currently "basically dead." Web3 games are shifting towards more entertaining and social forms.

Notcoin was once the most popular Tap-to-Earn game on Telegram in 2024, attracting over 30 million users within three months. The team believes that the role of Web3 in the Telegram ecosystem will shift from an incentive mechanism to added value. Although there is still potential for future development, there is currently a lack of strong publishers and capital support. (Cointelegraph)