Tech

Tapswap Adjourns Token Allocation Date Indefinitely

Published

on

Tapswap, a popular tap-2-earn app powered by TON Blockchain, has announced the indefinite postponement of its token allocation to users

Tapswap, a popular tap-2-earn app powered by TON Blockchain, has announced the indefinite postponement of its token allocation to users. This decision was revealed by John Robbin, Head of Communications at Tapswap, during an X space session on Wednesday.

The app, which has captivated over 50 million users since its launch on February 15, 2024, requires users to tap an icon on the Telegram Tapswap bot screen to mine coins. The app has particularly gained traction among Nigerians eager to earn financial rewards by tapping on their phone screens.

Robbin explained that the method for token allocation is still being determined, emphasizing that the details cannot be communicated until a final decision is made. The initial token launch date was postponed to July 1, but no new date has been set yet.

Advertisement

“We will allocate a significant part of the tokens to the community to retain the tappers. We want you all to be part of the Tapswap community. We need a token airdrop to be a win-win for all of us. We have started communicating with many exchanges and platforms,” Robbin stated.

He also addressed concerns about users who abuse the game by farming taps, assuring that such users will be banned through community checks while urging genuine tappers to remain patient.

Regarding the mining process, Robbin explained, “Just open the app and tap on it; that will give you shares. The more you tap and the more upgrades you do, the more shares you will have when we finalize the tokens on it. The more tokens you want to have, the more tapping you have to do.”

Advertisement

The booster option, which has already ended, was introduced to manage the influx of new users and ensure fair token allocation. Robbin noted, “We introduced the limited x2 donation because the new influx of users kept coming in, and we needed them to make something out of it and get a fair allocation at TGE. It was a platform that allowed people who joined recently to compete with people who started earlier.”

He reassured users that the funds raised from this feature would be used to improve the game and support the 25 staff members working to sustain the app. “We want to be here for a very long time,” he added.

Robbin encouraged new users to join the tapping app, highlighting that there is still time for them to earn appreciable tokens.

Advertisement

The app’s popularity has led to viral moments, including a Keke driver tapping on his phone while driving and traders in Northern Nigeria enthusiastically engaging with the app. Many users are optimistic about the potential financial gains, with some hoping to use their earnings to make significant purchases like cars and houses.

1 Comment

  1. Ayomide Adam

    June 20, 2024 at 12:51 pm

    Tapswap is here.

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

Exit mobile version