I. Project introduction
AVACOIN is a mini app store based on Telegram. Initially, it was a click-to-earn game that used the Tap To Earn model to mine virtual gold. Unlike TapSwap and Notcoin, AvaCoin is not strictly a click-to-earn platform. Instead, it operates as a Telegram mini app store, guiding users to various click-to-earn and gaming platforms, while also having a staking option that allows users to store their AvaCoin tokens and earn returns.
Now it covers gaming, staking, and farm functions. Its main goal is to expand and develop the TON ecosystem by attracting more business, ideas, and projects to mini-applications. AVACOIN provides platform support to enable these mini-applications to attract more users, covering multiple fields such as gaming, artificial intelligence, wallets, education, productivity, and health. AVACOIN is committed to becoming a global mini app store, constantly providing users with more tools and choices.
II. Project highlights
The highlights of AVACOIN's projects are as follows:
1. Comprehensive functional platform: AVACOIN integrates game, staking, and farm functions, allowing users to interact and earn diverse income on the platform through these functions. The staking function allows users to lock in tokens for additional income, while the farm function earns rewards by participating in activities and tasks.
2. Mini app store: AVACOIN has created a mini app store that covers multiple fields such as gaming, gambling, artificial intelligence, wallets, education, productivity, and health. This market allows users to easily access and use various mini apps, experience diverse functions and services, and meet different needs.
3. TON ecosystem expansion: By attracting more businesses and creative projects to join, AVACOIN is committed to expanding and strengthening the TON ecosystem. This not only brings more choices and opportunities to users, but also promotes the development and innovation of the entire ecosystem, paving the way for future blockchain applications.
4. User Incentives: AVACOIN incentivizes users through staking and games, encouraging them to actively participate in platform activities, increasing the active level of the community and the overall value of the platform.
III. Market value expectations
Ton-linked Telegram games are very popular in this cycle. Previously, the click-to-play game Notcoin connected to multiple exchanges with its huge traffic. As of now, its market value is still 1.30 billion US dollars, far exceeding some mainstream projects, ranking 62nd in market value. AVACOIN has over 9 million players as of now, and the project has transitioned from the click-to-play game that previously mined virtual gold to Telegram's mini app store.
If we trace back to the beginning of February 5th, they only had 16,000 gamers. As of now, the growth rate has exceeded 56,150%. The operational data fully reflects the market users' attention and love for the project. At the same time, all detailed data is basically consistent with Notcoin. At the same time, the project CEO is actively engaged in social media operations. It is expected that after the later launch, the market value may be close to that of the game project BOOM on similar TON. With the continuous efforts and operation of the project, it is not ruled out that the market value will surpass Notcoin in the future.
IV. Economic model
AVACOIN's game economy model includes the following core parts:
1. Tasks:
Users can earn AVACN token rewards by completing designated tasks on the platform. The types of tasks are diverse, including participating in games, social interaction, content creation, etc. This mechanism encourages users to actively participate in platform activities and improve community activity level.
2. Staking:
Users can stake AVACN tokens on the platform to obtain additional token income. Staking not only brings returns to users, but also enhances the stability of token value. The staking period and return rate depend on specific situations, and users can choose a suitable staking plan according to their own needs.
3. Farming:
Users can now earn AVACOIN tokens on the project's gold plots, obtain mining licenses by paying, and mine tokens on rivers/gold mines/quarries. Users will receive 8.3% of AVACN tokens per month. Payments are made twice a month (1st and 16th of each month). This mechanism encourages users to participate in the platform ecosystem for a long time.
In terms of token data, the total supply is 20,000,000,000 AVACN, and the specific distribution and proportion are as follows:
- Task reward: 5,931,915,650 AVACN (29.66%)
- Marketing: 4,700,000,000 AVACN (23.5%)
- Early Player Reward: 3,168,084,350 AVACN (15.84%)
- Mining flow pool: 3,000,000,000 AVACN (15%)
- Listing: 2,000,000,000 AVACN (10%)
- Treasury: 1,000,000,000 AVACN (5%)
- Liquidity: 200,000,000 AVACN (1%)
V. Team and financing
AVACOIN CEO and co-founder is Tony (X account: @tony_tress), and the project has not disclosed financing information so far.
VI. Risk Warning
1. The crypto market is highly volatile, and the value of tokens may be influenced by market sentiment and the external environment.
2. Although AVACOIN provides staking and farming functions, the liquidity of tokens may be affected when market demand is insufficient or user engagement rates decrease
VII. Official links