Home web3.0 Notcoin and Helika Team Up to Launch Telegram Gaming Accelerator Backed by $50M Fund

Notcoin and Helika Team Up to Launch Telegram Gaming Accelerator Backed by $50M Fund

Jul 10, 2024 pm 03:33 PM

Telegram-based Notcoin has announced it's launching an accelerator – in partnership with Helika, an AI-powered analytics firm – to boost the growing

Notcoin and Helika Team Up to Launch Telegram Gaming Accelerator Backed by M Fund

Telegram-based game Notcoin is launching an accelerator in partnership with AI-powered analytics firm Helika to boost the Telegram games space.

The Telegram Gaming Accelerator will use The Open Network (TON) blockchain to help game developers lead the next wave of Telegram mini app games, Notcoin announced on X.

Together with a $50 million fund from Helika Accelerate, the pair “will help game studios, mobile apps, and indie developers to build great gaming experiences,” said Notcoin.

Following the success of Telegram’s mini apps, Notcoin said on X that the social platform’s user base from the mini apps had become the “new meta.”

The first cohort of applicants for the Telegram Gaming Accelerator will open next week.

Notcoin, which was the first mini app to see huge success, adds crypto rewards to gameplay.

Within weeks of launching, following an airdrop, the NOT token passed the $2 billion market capitalization mark in June. At the last check, it sat at around $1.2 billion, with one token worth $0.01187.

The altcoin did experience a post-launch plunge of 53%, dropping to around $0.006398 and sparking concerns among investors.

Other Telegram-based games that have seen similar success include Hamster Kombat and Catizen, both of which involve users pressing a button during the game. Both of these use basic gameplay with real crypto rewards through airdrops.

This latest move from Telegram highlights its bid to branch out and mix up the number of games on the TON blockchain. By doing so, it hopes to attract a wider audience that is rewarded through gameplay.

Partnering up with Helika is also a significant move from Notcoin. The AI analytics firm has already worked with gaming company Ubisoft and Bored Ape Yacht Club creator Yuga Labs to integrate crypto into gameplay.

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