Telegram’s Pavel Durov Receives $6.8M Donation in Notcoin Tokens
On May 17, Pavel Durov, the founder of Telegram, expressed his appreciation for a significant donation from the Notcoin project.
The game-based Notcoin initiative provided Durov and his team with over 1 billion Notcoin (NOT) tokens, worth about $6.8 million.
Durov announced that the donation came from a community effort involving 552,586 Notcoin members, including 203,303 who earned their tokens through gameplay. He stated his intent to hold onto the tokens until their value increases substantially, aiming to eventually use them to enhance Telegram’s server capacity.
Previously, Durov had praised Notcoin for its rapid growth, transforming from an in-game currency to real-world value for its users. He highlighted how the Telegram and TON ecosystems offer unique advantages for app developers, providing both freedom and scalability.
Notcoin acknowledged the critical role of Durov and Telegram in establishing a high benchmark for developers, emphasizing the synergy between Telegram and the blockchain community.
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Recently, Notcoin distributed over 80 billion tokens to game participants and conducted its token generation event. Major cryptocurrency exchanges have listed Notcoin, which gained popularity through its viral tap-to-earn game on Telegram, attracting 35 million users and introducing them to Web3 technologies.
Currently, NOT trades at $0.0068, down 8.2% from its peak. According to CoinGecko, Notcoin’s fully diluted valuation stands at $705.19 million, with a 24-hour trading volume of $434.19 million. Despite claims of a $700 million market cap, this figure is yet to be confirmed by data aggregators due to the token’s recent market entry.
Alexander Stefanov
Reporter at CoinsPress
Alex is Editor-in-Chief of Coinspress and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
