Tap-to-Earn Platform Tapswap Postpones Token Launch Until July 1

The popular tap-to-earn platform Tapswap, anticipated to list on TON, has announced an indefinite postponement of token allocation to users as the company explores the best methods to reward its tap-to-earn gamers.

Tapswap, a popular tap-to-earn platform, has announced an indefinite postponement of token allocation to users.

The company, which is preparing to launch on TON, had earlier announced plans to reward its tap-to-earn gamers with tokens.

However, according to John Robbin, Tapswap’s Head of Communications, the company is still exploring the best methods to reward its users.

This was disclosed during an X space on Wednesday, May 3.

Tapswap, which launched on February 15, 2024, has quickly gained traction, especially among Nigerians.

The app, which requires users to repeatedly tap the icon in the center of the Telegram Tapswap bot screen to mine coins, has amassed over 50 million users since its inception.

“The token launch was postponed until July 1. The new date will be communicated,” Robbin said. He highlighted the need for a comprehensive strategy to ensure fair and beneficial token allocation.

“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 also addressed concerns about users exploiting the app, stating that measures would be taken to ban those abusing the game.

“We are running checks from the community members while seeking genuine tappers’ patience,” he added.

Detailing the mining process, Robbin said, “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.”

The communication head also spoke about the booster option, which has since ended.

“We have room exponentially faster than we thought, and then to develop the game plan further, we introduced a paid feature to make their capital, but it was not mandated on the users,” Robbin explained.

He noted that the funds raised from the booster option would be used to enhance the game and support the 25 staff members working to sustain the app.

Despite the postponement, Robbin encouraged users to continue engaging with the app, assuring them that there is still time to accumulate an appreciable number of tokens.

He acknowledged the fervor among Nigerians, who have been eagerly tapping on their phones with aspirations of using their accumulated tokens for significant purchases like cars and houses.

As Tapswap navigates this transitional period, the community can expect further updates on the token allocation and the future developments promised by the company’s leadership.