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Notcoin Launches Notcoin Explore Platform to Boost Web3 Project Growth

Key Points:

Notcoin launches the Notcoin Explore platform for Web3 projects, offering user rewards and community support.
Notcoin’s market value dropped by over 38% due to increased competition from projects like Hamster Kombat in tap-to-earn crypto.
Hamster Kombat has achieved rapid success with 200 million players since March 2024.

Notcoin has announced the launch of the Notcoin Explore platform, dedicated to fostering Web3 projects through social media engagement.

Notcoin Explore Platform Introduced To Help Users Launch Projects and Receive Rewards

Users on the Notcoin Explore platform can discover and support emerging projects, earning rewards in return. The initiative aims to streamline the startup process, allowing projects to quickly attract an active user base.

According to Notcoin’s official statement, the platform has already facilitated the launch of over 200 projects, engaging a total of 22.5 million users. The focus is on community-driven growth, ensuring a mutually beneficial environment for both projects and users.

Despite these efforts, Notcoin has seen its market value decline sharply by over 38% in the past week, now trading at $0.0945. This downturn is attributed to increased competition within the tap-to-earn crypto project sector. Rivals such as Hamster Kombat, Tapswap, Blum, and Dotcoin have recently entered the market, drawing significant user attention.

Hamster Kombat Surges with 200 Million Players and Rapid User Growth

Hamster Kombat, another prominent player in the tap-to-earn category, has reported substantial success. Telegram founder Durov highlighted the game’s rapid growth, attracting over 200 million players since its March 2024 launch.

Hamster Kombat achieved the milestone of 100 million monthly users in just 73 days, underscoring its explosive popularity within the Telegram mini app, which sees 4-5 million new users daily.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.