Notcoin Partners With Lost Dogs & Getgems for New Web3 Game

Notcoin Launches Web3 Game with NFT Integration

Notcoin, a popular Web3 game, is expanding its horizons by joining forces with the Lost Dogs NFT collection and Getgems, a marketplace on The Open Network (TON). This partnership is set to bring a new story-driven game to life, providing players with a more immersive user experience.

Notcoin has attracted over 30 million users in less than two months of its launch. However, the team behind Notcoin recognized that their initial tap-to-earn model had several limitations.

While it succeeded in drawing a large user base, sustaining long-term engagement proved challenging. To address this, Notcoin shifted away from the tap-to-earn model and moved toward a more sustainable and engaging approach.

The new game will feature characters from the Lost Dogs NFT collection, allowing players to interact with these unique digital assets in a dynamic and evolving narrative. Players will be tasked with completing various challenges and making choices that will shape their characters’ journeys. This approach taps into the human’s love for storytelling and narrative.

Narratives in Gaming

Mad Tail, a representative from the Lost Dogs collection, emphasized that the use of narrative in gaming is to create a gaming experience that resonates with players by offering more than just quick, dopamine-driven rewards. Instead, the focus is on crafting a compelling story that keeps players engaged over the long term.

In this new game, players will earn Notcoin tokens and a new in-game currency. This move reflects Notcoin’s commitment to providing value to its community, even if it pivots away from its original game mechanics.

Despite recent dips in NFTs’ popularity and sales volumes, Notcoin and its partners remain optimistic about the future of this technology. They believe that NFTs can enhance the gaming experience by offering players a sense of ownership and connection to the gaming world.

By incorporating NFTs, the game aims to make the player’s experience more personal and rewarding. This collaboration between Notcoin, Lost Dogs, and Getgems prioritizes sustainability, engagement, and meaningful interaction in the Web3 gaming space.

Brands Must Fully Commit to Web3 to Succeed

Meanwhile, Gabriele Giancola, CEO of Qiibee, has stated that brands whose Web3 ventures failed did not fully embrace the technology. In a recent interview, Giancola pointed out that many companies treated their Web3 ventures as secondary projects rather than making a full commitment.

He emphasized that success in the Web3 space requires a serious and sustained effort for companies to realize its full benefits. Giancola’s insights followed recent research published by Polygon Labs, Google Cloud, and Accenture.

This research highlighted the opportunities Web3 presents for enhancing loyalty programs and other business operations. Despite its potential, some companies have struggled with their Web3 initiatives. For instance, the Singapore-based travel company Trip.com recently discontinued its Trekki NFT project.

Blockchain’s Benefits Extend Beyond Bitcoin

Giancola also discussed the perception surrounding blockchain technology, noting that many people mistakenly equate blockchain with Bitcoin. He argued that when BTC’s price rises, interest in blockchain technology increases, and when Bitcoin’s price falls, interest wanes.

According to him, this fluctuating interest can negatively impact Web3 projects, as many brands might pull back their support based on Bitcoin’s performance. Therefore, Giancola suggested a need for better education about the true value of blockchain technology.

The Qiibee executive noted that Web3 technology can bring businesses significant cost savings and efficiency. He referenced Lufthansa’s Miles and More program, which achieved a 99% reduction in costs thanks to Web3 and blockchain incorporation. Additionally, Giancola stated that Web3 can help brands capture more of the market’s purchasing power, leading to increased revenue.