Toncoin (TON) And Notcoin (NOT): With Telegram Mini‑Apps And Click‑To‑Earn Tokens Surging, Do TON And NOT Emerge As The Main Messaging‑Native Stack Or Fade As H...
What happened
The convergence of social networking and decentralised web infrastructure has reached a significant point with recent developments surrounding Toncoin (TON) and Notcoin (NOT). The "Make TON Great Again" (MTONGA) initiative culminated in Telegram founder Pavel Durov announcing that Telegram would step in as the primary operational force for the TON network, effectively replacing the TON Foundation. This commitment sees Telegram taking a substantial 25% validator share, backed by a multi-million dollar TON stake.
This move fundamentally re-frames TON from an independent layer-1 blockchain to the core economic engine of Telegram's vast messaging ecosystem. Concurrently, Notcoin (NOT) is undergoing a major pivot. What began as a viral clicker game is now evolving into a permanent, multi-game utility ecosystem within Telegram. These developments prompt a critical question in the market: will this unified, messaging-native stack establish a lasting structural shift, or will the momentum dissipate post-airdrop?
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Common questions
How does ATO tax treatment apply to Toncoin (TON) and Notcoin (NOT) in Australia?
The Australian Taxation Office (ATO) generally treats cryptocurrencies like TON and NOT as property for tax purposes. This means that capital gains tax may apply when you sell, trade, or otherwise dispose of your tokens. Income tax may also apply if you receive tokens as payment for services or through activities like staking. It is crucial for Australian investors to keep detailed records of all cryptocurrency transactions, including dates, amounts, and AUD values, to accurately report their tax obligations. Consulting with a tax professional specialising in cryptocurrency is highly recommended.
Can Australian investors buy Toncoin (TON) or Notcoin (NOT) on local exchanges like CoinSpot or Swyftx?
Availability of specific cryptocurrencies like TON and NOT can vary across Australian exchanges. While major exchanges such as CoinSpot, Independent Reserve, Swyftx, and BTC Markets offer a wide range of digital assets, real-time listings depend on their commercial decisions and regulatory assessments. Australian investors should check the supported assets list directly on their preferred exchange's website or app. If not directly available, other methods, such as purchasing on international exchanges and transferring to an Australian-regulated platform, might be considered, though this can introduce additional risks and complexities.
What regulatory considerations should Australian investors be aware of when engaging with Telegram-based crypto projects like TON and NOT?
Australian investors should be mindful that while exchanges operating in Australia are regulated by AUSTRAC for anti-money laundering and counter-terrorism financing (AML/CTF) purposes, the underlying crypto projects themselves might not fall under direct Australian regulatory oversight like ASIC. TON's close ties with Telegram, a global messaging platform, and NOT's emergence from a Telegram mini-app, do not automatically grant them ASIC approval or protection. Investors should exercise due diligence, understand the associated risks, and verify the legitimacy and security of any project before committing capital. Always invest responsibly and only what you can afford to lose.
Explore how Toncoin (TON) and Notcoin (NOT) are transforming with Telegram's backing. Dive into the impact for Australian investors and what’s next for these