Notcoin co-founder: Tap-to-Earn model is "basically dead"

Odaily Planet Daily News: At the Token2049 event in Dubai, Notcoin co-founders Sasha and Vladimir Plotvinov, along with product lead Uliana Salo, stated in an interview that the Tap-to-Earn model is struggling to retain players long-term and is "basically dead," with Web3 games shifting towards more entertaining and social forms. Notcoin, which was the most popular Tap-to-Earn game on Telegram in 2024, attracted over 30 million users within three months. The team believes that the role of Web3 in the Telegram ecosystem will transition from an incentive mechanism to an added value, with potential for future development, but currently lacking strong publishers and capital support. (Cointelegraph)