Main Takeaways 🔎
The Tap-To-Earn meta is real and the pioneer $NOT project has been a core inspiration to more projects leveraging Telegram's unique mini-app and robust community (Telegram has 800 million monthly active users as of 2023).
#Wcoin is the latest innovative and promising project using the tap-to-earn mechanisms. TrustWallet has partnered with the WCoin team, to provide users with over 20 million tokens during TGE (token generation event).
Airdrops are a great way to earn in the crypto / web3 space, especially when free. One key insight from my 3 years plus web3 knowledge, in #SocialMining and #DaoLabs experience is that; you need the full strength of an active and supportive community and still making your research in order to focus your energy on promising projects ready to make impacts.
There are currently, tons of projects building on Telegram, but some will eventually do better than others. The goal is to be on the lookout for projects making big moves while also doing your due diligence.
What is WCOIN (Origins and Product Technology)? 🤔
WCOIN is a Telegram-based game where users "mine" WCOIN tokens by simply tapping a button within the Telegram mini-app interface. Similar to #Notcoin👀🔥 , it utilizes a clicker mechanic where every tap earns you a small amount of WCOIN. The game also offers power-ups, upgrades, and staking options to boost your earnings potential.
Background (Story and Team) 👥
Information regarding the WCOIN team is currently limited. While the game launched in Q2 2024, core details about the developers and their backgrounds are not readily available. This is not much of a big deal as the web3 space encourages anonymity unless when necessary.
Meanwhile, top tier 1 partners like TrustWallet, show proof of the project's commitment to building. Also, Exchanges like #Binance usually run KYC checks before listings.
WCOIN vs NOTCOIN: Battle of Taps 🪙
Both WCOIN and NOTCOIN share similar core mechanics, but WCOIN differentiates itself in a few key ways:
Community Choice of Blockchain: WCOIN is letting its player base decide which blockchain the WCOIN token will eventually reside on ( $ETH , $SOL , or The Open Network (TON). This community-driven approach is a unique feature.
Interface: The designs are uniquely crafted with user-centric flow in mind.
Staking: WCOIN offers staking functionality, allowing players to lock their earned WCOIN tokens for a set period to earn additional rewards.
Bot: The bot mines about 170,000 WCOIN tokens every 12 hours, without considering your levels or rank. This paves the way for users to earn faster.
Is WCOIN a Good Investment? 😂
It is Tap-To-Earn mate, c'mon!
The WCoin partnership with TrustWallet is one bullish news out there, and these are some of the things I look out for when putting energy into projects. With tons of time-wasters out there, you really want to use your time profitably, so you don't burn out quickly.
While WCOIN offers some unique features, it's crucial to do your own research too. Consider factors like the development team's experience, the game's long-term vision, and the overall market trends before making any decisions.
These are additional points to consider:
Liquidity: Currently not available, but should be during TGE.
Tokenomics: This will be calculated once WCOIN finalizes the tapping / mining stage. Same as in #Notcoin.
Other factors include Inflation and Vesting Design, Realistic Market Entry, Frequent Unlocks, Irregular distribution pools and wallets, etc.
These details should be available soon, but till then, your job is to mine as much tokens as possible.
Summary 🎓
The #wcoincontest is ongoing, and ends soon. You can be part of 100 users earning from a pool of $15,000 and 550M tokens. This is really nice to support active community users.
Just like Testnets and other campaigns before TGE, WCoin stands as an innovative project with lots of potentials.
The future is in onboarding the masses and building a strong community. This is one core purpose that the team is building on.
Test of Knowledge 🎮
Let's see how many readers know their game:
What is the core mechanic of WCOIN?
a) Users complete surveys and tasks for in-game rewards.
b) Users answer trivia questions to earn WCOIN tokens.
c) Users tap a button within Telegram to "mine" WCOIN.
d) Users battle other players in real-time for cryptocurrency.
How does WCOIN differentiate itself from similar games?
a) WCOIN offers a wider variety of in-game power-ups.
b) WCOIN utilizes a unique play-to-earn model.
c) WCOIN lets players choose their preferred character class.
d) WCOIN allows the community to decide the token's blockchain.
Share your answers below
Make sure to follow us for more updates.
Satoshi Cheers!!! 🥂
Disclaimer 💭
Remember, this article is for informational purposes only and should not be considered financial advice. Always do well to do your own research.
References ⏬
https://t.me/wcoin_tapbot?start=OTk5NDc3MzUz
https://x.com/wcoin_io/
