Notcoin had a strong day today, rising 14% to $0.01718, as the popularity of play-to-earn (P2E) in-game currency also boosted eTukTuk ($TUK), the creator of the new P2E Crazy TukTuk Taxi mobile game.
Two token burns last week – 400 million on July 4 and 200 million on July 5 – destroyed a combined 30% of the total $TUK supply. Burning 600 million tokens means the remaining 1.4 billion supply is more scarce, potentially increasing its value.
10% of the total supply (200 million $TUK tokens) is up for grabs in the pre-sale, with the remaining tokens allocated to staking (20%), pre-sale staking (9%), and other areas such as marketing, community, and exchanges fluidity.
With less than seven days until the token presale ends, this is your last chance to grab one at the lowest presale price of $0.0345.
Pre-sales have raised more than $3.5 million so far. The $TUK token will launch on the Uniswap decentralized exchange (DEX) on July 16 at 11am GMT.
Liquidity will be created and locked, providing the community with verifiable team commitment to project success and longevity.
The team is also working with at least one centralized exchange and may list the DEX within a week of its debut, although this has yet to be officially confirmed.
https://x.com/eTukTukio/status/1809235902691954858
Start staking $TUK and earn up to 80% annual returns
Presale buyers don’t have to wait until launch to stake their tokens – presale participants can start staking today and earn up to 80% annual returns.
Staking rewards will be issued within three years, and stakers will be able to withdraw their staking rewards and corresponding earnings after the initial seven-day lock-in period.
The staking pool grows by 4.75 $TUK for every block generated on the BNB Smart Chain (BSC).
As a BEP-20 token, $TUK has at least two significant advantages over its competitors. First of all, BSC is an efficient and low-cost blockchain, which is very suitable for games.
In the game Crazy TukTuk Taxi, players must navigate the busy streets of Sri Lankan cities, picking up and dropping off passengers while earning native $TUK tokens.
$TUK tokens are the in-game currency that allow players to make purchases, pay for upgrades, and access exclusive content.
The second major advantage of $TUK is that as a token on the blockchain created by Binance, it has a better chance than most new tokens of being listed on the largest exchange in the crypto world.
The booming GameFi market is worth $11.37 billion, and eTukTuk is taking a piece of it
According to HTF Market Intelligence, the GameFi market is expected to reach a market valuation of $46 billion in 2030, with a compound annual growth rate of 26%.
HTF values the GameFi industry at $11.37 billion by analyzing gaming companies such as Axie Infinity, Yield Guild Games, Gods Unchained, and Decentraland.
However, this valuation was before the success of games based on Telegram, such as Notcoin. Notcoin is a simple clicker game that has attracted millions of users to play to earn tokens that can later be redeemed for the $NOT cryptocurrency. Technically, Notcoin is actually "explore and earn" rather than "play and earn" until the new version is released.
Since then, the number of games in the Telegram gaming ecosystem has increased, thanks in large part to many crypto users’ familiarity with the ubiquitous messaging app.
The app is now transforming itself into an app platform by providing easy access for consumers and minimal friction for developers with product creation and launch.
Although TukTuk does not run on The Open Network (TON), which is based on Telegram, it still uses a P2E model that provides users with the same appeal of capital appreciation, but the important difference is that it contains a strong skills element.
Next-gen P2E games like Crazy TukTuk Taxi emphasize skill and fun
What older generation P2E games like Axie Infinity and the emerging Notcoin model have in common is a lack of originality and boring gameplay. Although the second version of Notcoin promises to solve this problem, its launch time is unclear.
Games like Axie Infinity have become too expensive and need a complete overhaul, but still suffer from the "swipe until you win" problem of paying to win.
eTukTuk avoids these problems by focusing on skill and fun.
Gamers start in Sri Lanka but can gradually unlock new cities and customize their tuktuk along the way.
Each successful journey will earn $TUK tokens, which can be spent in-game or traded outside of the game like other cryptocurrencies.
eTukTuk passes audit and its games are now available on Android and iOS platforms
The project’s smart contracts are fully audited by SolidProof to ensure user integrity and security.
$TUK can be purchased using BNB, ETH, USDT or a bank card.
It’s refreshing to invest in a pre-sale project like eTukTuk that already has a product on the market and attracts users. This reduces risk for potential $TUK buyers since the team has proven its ability to execute.
Crazy TukTuk Taxi is still in the soft launch phase before pre-sale ends, but as marketing rolls out, expect the game to quickly gain traction in app stores.
Download it now on the Apple App Store or Google Play to start your virtual tuktuk driver journey, and participate in the pre-sale to share the fruits of the game’s success.
Stay up to date with the latest news about the project via its X (42,000 followers) and Telegram (8,700+ members) channels.
Buy $TUK in pre-sale today: https://cn.cryptonews.com/ext/etuktuk-cn/
Original article: https://cn.cryptonews.com/news/is-p2e-game-etuktuk-next-notcoin-after-huge-tuk-token-burn.htm