Since the success of Notcoin (NOT), Tap-to-Earn has gradually become one of the “hot” keywords for the cryptocurrency community. This is not only due to its profitability but also because this mechanism opens up greater potential for the Telegram messaging app. So, what is Tap-to-Earn? Let’s explore this concept with Tiệm Coin through the following article.
What is Tap-to-Earn?
Tap-to-Earn can be understood as another form of Play to Earn, where users earn profits through tapping on their smartphones. With a simple operating mechanism, Tap-to-Earn has opened up enormous potential for users, especially those who are new to cryptocurrency.
Why is Tap-to-Earn popular?
To answer this question, we can consider three main reasons:
- Users complete tasks set by the project, which typically involve tapping or following social media channels to earn points. These points can be exchanged for tokens. A prime example is the recent 80 billion NOT token airdrop by Notcoin.
- Projects using the Tap-to-Earn mechanism often build mini apps within Telegram, making it easy to access the ecosystem from wallets to blockchain. Therefore, new users with little experience can easily use and participate in these projects.
- The Tap-to-Earn mechanism is very user-friendly, requiring no advanced skills or significant time investment in gaming.
Popular Tap-to-Earn games on the market
Notcoin (NOT)
Notcoin is a game developed as a mini app within Telegram. Through the Tap-to-Earn mechanism, Notcoin allows users to earn free profits from rewards in NOT tokens, which are native tokens deployed on the TON blockchain. Currently, users can trade these tokens and earn profits.
Notcoin not only requires users to continuously tap the screen but also includes features like boosts or inviting friends to earn more NOT. Despite being launched in early 2024, Notcoin has more than 35 million users, with over 6 million daily active users (as of May 2024).
Hamster Kombat
Similar to Notcoin, Hamster Kombat is another game built around the Tap-to-Earn mechanism. Users continuously tap on the screen featuring a hamster to earn points that can be converted into tokens in the future.
After Notcoin, Hamster Kombat attracted a large user base. However, this project also faced some political issues. Iran publicly opposed Hamster Kombat, claiming it as a “soft power” tool of the West.
This move occurred amid Iran’s struggles with “hyperinflation,” job shortages, and the upcoming presidential election (June 28, 2024). The Iranian government also warned that this game might lead people to seek wealth lazily instead of working and doing business.
BeraSig
BeraSig is a Tap-to-Earn game combined with a wallet on the Layer 1 blockchain Berachain. By playing BeraSig, users can earn BEE tokens directly on Telegram. Additionally, users can earn BEE by inviting friends, joining guilds, and completing social interaction tasks.
PixelTap
PixelTap is a product developed by the Pixelverse team, using the Tap-to-Earn mechanism. By playing the game, users can earn PIXFI tokens. The unique feature of this game is that it allows players to battle each other in addition to completing tasks like inviting friends or social interactions.
PokeyQuest
PokeyQuest is a game inspired by the popular animated series Pokemon, built around the Tap-to-Earn mechanism. Currently, PokeyQuest is deployed on Layer 2 Ancient8, where users can play to earn cards and points over time.
Users receive cards through tapping, collect enough cards to upgrade them, and higher-level cards increase the gold earned per hour.
Conclusion
Above is information about Tap-to-Earn and the projects applying this mechanism in game operation. Through this article, Tiệm Coin hopes to provide readers with an overall perspective on this mechanism and its potential development in the future.
