Is eTukTuk the Next Notcoin Following Significant $TUK Token Burn? Presale Concludes in 7 Days

Notcoin is currently surpassing the cryptocurrency market, rising 14% to $0.01718, as play-to-earn (P2E) gaming tokens gain popularity – which is positively impacting eTukTuk ($TUK), the developer of the new P2E Crazy TukTuk Taxi mobile game.

During two token burn events last week – on July 4, 400 million tokens were burned, and on July 5, 200 million – 30% of the total $TUK supply was eliminated. The incineration of 600 million tokens results in a remaining supply of 1,400,000,000 (1.4 billion), making it more limited and potentially increasing its value.

In the presale, 10% of the total supply (200 million $TUK tokens) is available, while the remaining tokens are allocated for staking (20%), presale staking (9%), and other purposes such as marketing, community engagement, and exchange liquidity.

With less than a week remaining before the presale tokens sell out, this represents the final opportunity to secure the lowest presale price of $0.0345.

So far, the presale has generated over $3.5 million. The $TUK token is set to launch on the Uniswap decentralized exchange (DEX) on July 16 at 11 am GMT.

Liquidity will be established and locked, demonstrating the team’s commitment to the project’s success and sustainability.

The team is also in discussions with at least one centralized exchange partner, which may lead to a listing shortly after the DEX launch, although no official confirmations have been made yet.

Another 200M $TUK tokens have been burned today!

Hey TukTribe, stay tuned for even more burns, exciting partnerships, and amazing news in the coming days!

In total, we’ve burned 600M $TUK tokens so far. Big things are on the horizon! Have a great weekend!… pic.twitter.com/cBjlWXrrLH

— eTukTuk (@eTukTukio) July 5, 2024

Start Staking $TUK Today to Earn 80% per Annum

Participants in the presale do not need to wait until after the launch to stake their tokens – presale investors can begin staking immediately to earn an annual return of 80%.

Staking rewards will be distributed over a three-year timeframe, with stakers able to withdraw their staking rewards and associated benefits following an initial seven-day lock-up period.

The staking pool increases by 4.75 $TUK for each block produced on the BNB Smart Chain (BSC).

As a BEP-20 token, $TUK enjoys at least two significant advantages over its competitors. Firstly, BSC is a highly efficient and cost-effective blockchain, making it ideal for gaming.

In the Crazy TukTuk Taxi game, players navigate the bustling streets of a Sri Lankan city, racing to pick up and drop off passengers while earning the native $TUK token along the way.

The $TUK token serves as the in-game currency, enabling players to make purchases, pay for upgrades, and access exclusive content.

The second major advantage of $TUK is that being on the Binance-created blockchain significantly enhances its chances of achieving a coveted listing on the largest cryptocurrency exchange.

Booming Gamefi Market Is Worth $11.37 Billion and Etuktuk Is Taking a Slice

The GameFi market is anticipated to reach a valuation of $46 billion by 2030, according to HTF Market Intelligence, with a compound annual growth rate of 26%.

Examining gaming companies like Axie Infinity, Yield Guild Games, Gods Unchained, and Decentraland, HTF estimates the GameFi sector at $11.37 billion.

However, this valuation was determined prior to the success of Telegram-based games such as Notcoin. Notcoin is – or rather was – a straightforward clicker game that attracted millions of users who played to earn tokens, which could later be exchanged for the $NOT cryptocurrency. Technically, until the new version is released, Notcoin is more accurately described as ‘explore-to-earn’ rather than play-to-earn.

Since then, the number of games within the Telegram gaming ecosystem has expanded, aided significantly by the familiarity of many in the crypto community with the widely-used messaging app.

The app is now evolving into an application platform, providing easy access for consumers and streamlined product creation and deployment for developers.

Although TukTuk does not operate on the Telegram-based The Open Network (TON), it is nonetheless utilizing a P2E model that offers similar capital gain opportunities for users, with the crucial distinction that it incorporates a strong skill component.

Next-Generation p2e Games Like Crazy TukTuk Taxi Puts the Emphasis on Skill and Fun

What older-generation P2E games like Axie Infinity and newer models from Notcoin share is a lack of originality and engaging gameplay. Although Notcoin in its second version aims to address these issues, there is little clarity on when that might be launched.

Axie Infinity and similar games became excessively costly to play and required significant overhauls, yet still struggled with the ‘pay to win’ aspect.

eTukTuk sidesteps these challenges by focusing on skill and enjoyment.

Players begin their journey in Sri Lanka but can advance to unlock new cities and customize their tuktuks along the way.

Each successful trip will earn $TUK tokens, which can be utilized in-game as well as traded externally, similar to any other cryptocurrency.

eTukTuk Is Audited and Its Game Is Available Today on Android and IOS

The project’s smart contract has been fully audited by SolidProof, ensuring users of its reliability and security.

$TUK can be acquired using BNB, ETH, USDT, or a bank card.

It is encouraging to invest in a presale project like eTukTuk that already has a market-ready product attracting users. This mitigates the risk for potential $TUK investors, as the team has demonstrated its capability to execute.

Crazy TukTuk Taxi is currently in a soft launch phase until the presale concludes, but once marketing efforts commence, this game is expected to gain rapid traction in app stores.

Download today from the Apple App Store or Google Play to embark on your journey as a virtual tuktuk driver and participate in the presale for a share of the game’s success.

Stay informed about the project’s latest updates through its X (42,000 followers) and Telegram (8,700+ members) channels.

Buy $TUK in Presale Today

The post Is P2E Game eTukTuk Next Notcoin After Huge $TUK Token Burn? Presale Must End in 7 Days appeared first on Cryptonews.