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Notcoin is outperforming the crypto market today, up 14% to $0.01718, as play-to-earn (P2E) game coins find favor – and that is boosting eTukTuk ($TUK), creator of the new P2E Crazy TukTuk Taxi mobile game.
In two token burn events last week – on 4 July 400 million and 5 July 200 million – 30% of the total $TUK supply was removed. The burning of 600 million tokens means the remaining 1,400,000,000 (1.4 billion) supply is scarcer, potentially adding to their value.
Ten percent of the total supply (200 million $TUK tokens) is up for grabs in the presale, with the rest of the tokens divided between staking (20%), presale staking (9%), and other areas such as marketing, community and exchange liquidity.
There are less than seven days to go before the token sells out in presale, so this is the last chance to secure the lowest available presale price of $0.0345.
To date, the presale has raised more than $3.5 million. The $TUK token will launch on the Uniswap decentralized exchange (DEX) on 16 July at 11am GMT.
Liquidity will be created and locked, providing the community with a verifiable team commitment to the project’s success and longevity.
The team is also in talks with at least one centralized exchange partner, which could lead to a listing as soon as a week after the DEX debut, although nothing has yet been officially confirmed.
Another 200M $TUK tokens have been burned today! 🔥🔥🔥🔥
— eTukTuk (@eTukTukio) July 5, 2024
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
Stake $TUK Tokens To Earn 80% Annually
Presale buyers do not have to wait until the post-launch period to stake their tokens – presale contributors can start staking today to earn a per annum return of 80%.
Staking rewards will be disbursed over a three-year period, with stakers able to withdraw their staking award and concomitant reward after the initial seven-day lock-up period.
The staking pool grows by 4.75 $TUK per produced block on the BNB Smart Chain (BSC).
Being a BEP-20 token provides $TUK with at least two bankable advantages over competitors. First, BSC is a super-efficient and cheap blockchain, which makes it well-suited for gaming.
In the Crazy TukTuk Taxi game players must navigate the busy 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 is the in-game currency, allowing players to make purchases, pay for upgrades, and access exclusive content.
$TUK’s second major advantage is that being on the Binance-created blockchain means it has a much better chance than most new tokens of achieving a much-prized listing on the crypto world’s largest exchange.
Booming GameFi Market Valued At $11.37 Billion And eTukTuk Is Seizing A Share
The GameFi market is predicted to reach a market valuation of $46 billion in 2030, according to HTF Market Intelligence, on a compound annual growth rate of 26%.
Looking at gaming companies such as Axie Infinity, Yield Guild Games, Gods Unchained and Decentraland, HTF values the GameFi industry sector at $11.37 billion.
However, that valuation was arrived at before the success of Telegram-based games such as Notcoin. Notcoin is – or rather was – a simple clicker game that pulled in millions of users who played in order to earn tokens, which were at a later date exchangeable for the $NOT cryptocurrency. Technically, until the new version drops, Notcoin is in reality ‘explore-to-earn’ rather than play-to-earn.
Since then the number of games on the Telegram gaming ecosystem has grown, helped in no small measure by the familiarity of many in crypto with the ubiquitous messaging app.
The app is now transforming itself into an application platform by offering easy access for consumers and minimum-friction product creation and rollout for developers.
Although TukTuk does not run on Telegram-based The Open Network (TON), it is nevertheless using a P2E model that holds out the same capital gain attractions for users, but with the important difference that it includes a strong element of skill.
Leading Edge P2E Games Like Crazy TukTuk Taxi Focus On Skill, Fun
What older-generation P2E games like Axie Infinity and newer models from Notcoin have in common is their lack of originality and uninspiring gameplay. Although Notcoin in its second iteration promises to fix that, there is little visibility on when that might be launching.
Axie Infinity and other such games became prohibitively expensive to play and had to undergo radical makeovers, but still wrestled with the ‘spam the credit card until you win’ factor, i.e. pay to win.
eTukTuk avoids these problems by putting the emphasis firmly on skill and fun.
Game players start off in Sri Lanka but can progress to unlock new cities and customize their tuktuks along the way.
Each successful journey will earn $TUK tokens which can be used in-game as well as traded outside of the game, in the same way as any other cryptocurrency.
eTukTuk Is Audited And Crazy TukTuk Taxi Is Available On Android And iOS
The project’s smart contract is fully audited by SolidProof, assuring users of its integrity and security.
$TUK can be purchased using BNB, ETH, USDT or a bank card.
It is refreshing to invest in a presale project like eTukTuk that already has a product on the market that attracts users. This reduces the level of risk for potential $TUK buyers, as the team has already proven its execution abilities.
Crazy TukTuk Taxi is still in soft launch until the presale ends, but when the marketing kicks in, expect this game to quickly gain traction in app stores.
Download today at the Apple App Store or on Google Play to begin your journey as a virtual tuktuk driver and buy into the presale for a share of the game’s success.
Stay up to date with the project’s latest news via its X (42,000 followers) and Telegram (8,700+ members) channels.
Buy $TUK in presale today.
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