Join our Telegram channel to stay up to date with the latest breaking news coverage.
Notcoin had a strong performance in today’s crypto market, rising 14% to $0.01718 as tokens of play-to-earn (P2E) games gained favor, boosting the value of eTukTuk ($TUK), the creator of the new P2E game Crazy TukTuk Taxi.
In two token burns last week (400 million on July 4 and 200 million on July 5), a total of 30% of the $TUK supply was destroyed. The destruction of these 6 million tokens made the remaining 1.4 billion supply more scarce, potentially increasing its value.
10% (200 million $TUK tokens) of the total supply were sold in the presale, with the remaining tokens allocated to staking (20%), presale staking (9%), and other areas such as marketing, community, and exchange liquidity.
There are less than seven days left until the presale ends, so this is the last chance to get the lowest presale price ($0.0345).
The presale has raised over $3.5 million so far. The $TUK token will be launched on decentralized exchange Uniswap at 11am (GMT) on July 16.
Liquidity will be created and locked, providing the community with a verifiable team commitment to the project’s success and permanence.
The team is also working with at least one centralized exchange, which could lead to a listing less than a week after the decentralized exchange’s debut, although this has not been officially confirmed yet.
Another 200 million $TUK tokens were destroyed today!
Hey TukTribe, stay tuned for more destruction, exciting partnerships, and amazing news in the coming days!
So far, we have destroyed 600 million $TUK tokens. A lot is going to change in the future! Have a great weekend! …
pic.twitter.com/cBjlWXrrLH
– eTukTuk (@eTukTukio)
July 5, 2024
Stake $TUK tokens, and the annualized rate of return will reach 80%
Presale buyers don’t have to wait until launch to stake their tokens – presale contributors can start staking immediately, earning a yield of 80% per year.
Staking rewards will be distributed over three years, and stakers can withdraw their staking rewards and corresponding rewards after an initial seven-day lock-up period.
The staking pool increases 4.75 $TUK for each block generated through the BNB Smart Chain (BSC).
As a BEP-20 token, $TUK has at least two bankable advantages over its competitors. First, BSC is an efficient and inexpensive blockchain, which is perfect for gaming.
In the Crazy TukTuk Taxi game, players must navigate the busy streets of Sri Lanka, racing to pick up passengers and earning the local $TUK token in the process.
$TUK tokens are the in-game currency that players can use to make purchases, upgrades, and access exclusive content.
The second important advantage of $TUK is that it is on the blockchain created by Binance, which makes it more likely than most new tokens to be listed on the largest exchange in the crypto world.
GameFi market value reaches $11.37 billion, eTukTuk is taking a place
According to HTF Market Intelligence, by 2030, the GameFi market valuation will reach US$46 billion, with a compound annual growth rate of 26%.
HTF values the GameFi industry at $11.37 billion based on gaming companies such as Axie Infinity, Yield Guild Games, Gods Unchained, and Decentraland.
However, this valuation was before the success of Telegram games such as Notcoin, a simple clicker game that attracted millions of users to play to earn tokens that could later be exchanged for the $NOT cryptocurrency. Technically, until the new version was released, Notcoin was actually “explore to earn” rather than “play to earn”.
Since then, the number of games in the Telegram gaming ecosystem has continued to grow, with many in the crypto community familiar with the ubiquitous messaging app, which has largely contributed to the growth.
The app is now transforming into an app platform by providing easy access for consumers and minimal friction for developers to create and launch products.
Although TukTuk is not based on Telegram’s The Open Network (TON), it still adopts a P2E model, providing users with the same capital appreciation appeal, but with a strong skill element.
Leading P2E games like Crazy TukTuk Taxi focus on skill and fun
What both older generation P2E games like Axie Infinity and Notcoin and newer generation games have in common is that they lack originality and exciting gameplay. Although Notcoin version 2 promises to address this, there is no exact release date yet.
Games like Axie Infinity became too expensive to play and had to go through a complete makeover, but still struggle with the “swipe your credit card until you win” factor (i.e. pay-to-win).
eTukTuk avoids these problems by focusing on skills and fun.
Gamers start in Sri Lanka and can unlock new cities and customize their tuktuk along the way.
Each successful journey earns $TUK token, which can be used within the game and traded outside the game like any other cryptocurrency.
eTukTuk has been fully audited by SolidProof to ensure the integrity and security of users.
$TUK can be purchased using BNB, ETH, USDT or bank cards.
Investing in a pre-sale project eTukTuk in a market that already has traction with users reduces the risk for potential $TUK buyers as the team has already proven their ability to execute.
Crazy TukTuk Taxi is still in soft launch until the pre-sale ends, but once marketing begins the game is expected to gain popularity quickly in the app stores.
Download now on the Apple App Store or Google Play to start your journey as a virtual tuktuk driver and take part in the success of the pre-sale sharing game.
Stay up to date with the latest updates on the project through its X (42,000 followers) and Telegram (8,700+ members) channels.
Buy $TUK token in the presale.
PlayDoge (PLAY) - The latest ICO on the BNB chain
score
2D Virtual Doge Pet
Play and earn meme coin fusion
Staking and In-Game Token Rewards
Audited by SolidProof – playdoge.io
Join Pre-sale
Join our Telegram channel to stay up to date with the latest breaking news coverage