Read

Popular tap-to-earn game on Telegram, Tapswap, has again announced rescheduling their highly anticipated Shares-to-Token exchange event to Q3 2024. The announcement comes amid heightened interest in Tapswap, with the project reportedly attracting attention from major cryptocurrency exchanges. 
Powered by the TON Blockchain, <a href="https://technext24.com/2024/06/16/tapswap-announce-ton-blockchain-launch/" target="_blank" rel="noreferrer noopener">Tapswap</a> initially scheduled the airdrop for May 30 but delayed it to July 1 due to an influx of bots that aimed to farm airdrop points, according to a previous Decrypt&nbsp;<a href="https://decrypt.co/resources/what-tapswap-telegram-tap-earn-game-airdrop" target="_blank" rel="noopener">report</a>. 
According to a statement shared on X yesterday, the Tapswap team is currently engaged in “active talks” with tier-1 exchanges, a significant development for the platform. 
The statement says the newfound level of attention has presented challenges. It acknowledged the need for “much more detailed work on tokenomics and the right launch strategy” in light of potential exchange listings. 
The statement also notes that to ensure a “fair and profitable” launch for all users, the Tapswap team has decided to postpone the Shares-to-Token event until sometime in Q3 – with no specific timeline for the launch of its token, called TAPS, on The Open Network, or TON. 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full is-resized">
 <img loading="lazy" decoding="async" src="https://technext24.com/wp-content/uploads/2024/05/IMG_7060.png" alt="TapSwap homepage" class="wp-image-231667" width="391" height="846">
 <figcaption class="wp-element-caption">
 TapSwap homepage
 </figcaption>
 </figure>
</div> 
While details about the nature of the delay or the “massive drop” previously mentioned by Tapswap remain unclear, the team emphasises the long-term benefits of this postponement. 
“The whole point is that you’ll actually benefit from this,” Tapswap&nbsp;<a href="https://x.com/tapswapai/status/1807867411103994028?t=JeWOTEcFTosKtAqJN9YEzg&amp;s=19" target="_blank">wrote</a>&nbsp;on X. “The success [we’ve had] comes with some ‘inconveniences.’ This level of attention requires much more detailed work on tokenomics and the right launch strategy. And that means extra time,” it said, adding: 
<blockquote class="wp-block-quote"> 
 Know that this is all to ensure that our launch in Q3 is fair and, more importantly, profitable for all of you who stand by us no matter what. 
</blockquote> 
Read also: <a href="Here is all you need to know about the frenzied tap-to-earn game" target="_blank" rel="noreferrer noopener">TapSwap: Here is all you need to know about the frenzied tap-to-earn game</a> 
However, the statement did not give specific details about the eligibility requirements for the airdrop. 
Launched in February, the game rewards users for continuously tapping on Telegram. There are rules and limits on the number of tokens one can tap per time based on the level they have reached. 
In a screenshot by a user, over 60 million people play the game, but only about 18 million are daily users. 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full is-resized">
 <img loading="lazy" decoding="async" src="https://technext24.com/wp-content/uploads/2024/07/WhatsApp-Image-2024-07-02-at-12.08.34-PM.jpeg" alt="Tapswap" class="wp-image-233106" width="453" height="437">
 </figure>
</div> 
<h5 id="tapswap-has-been-making-promises" class="wp-block-heading">Tapswap has been making promises</h5> 
During a recent <a href="https://x.com/tapswapai/status/1803722424560632040" target="_blank" rel="noreferrer noopener">Ask-Me-Anything session</a> on X, the team revealed details about their upcoming token launch, emphasising a generous allocation for the community. They didn’t disclose specific numbers, but assured users that “a significant portion of all tokens” will be set aside for them. 
However, specifics regarding the exact distribution plan remain under wraps. Tapswap explained they’re still finalising the tokenomics – the intricate balance of factors that influence a cryptocurrency’s value. Once these details are ironed out, they promise to update the community on how they plan to distribute the tokens. 
In that session, Tapswap noted that it is taking a strict approach to its upcoming airdrop, emphasising meticulous token allocation. In that light, the team say they’ve implemented a system to monitor user behaviour, potentially identifying and removing those who violate platform rules.

Tapswap delays token exchange again, hints at tier-1 listings

Technext.ng

Другие статьи, опубликованные 2 июл. 2024 г.

Lif3.com partners with evmOS to deploy “Lif3 Chain,” first Layer-1 solution with curated DeFi con...

Bitcoin Analyst Comments on Recent Market Movements

Top 5 Altcoins to Buy Before the $755M Crypto Unlock in July

Surprising Surge: MOG Meme Coin Defies Market Downturn with a 50% Jump

VC Roundup: Blockchain-AI startups grab investors’ attention

Robinhood Reportedly Considers Expanding Into Cryptocurrency Futures Markets

Join our free newsletter for daily crypto updates!