TapSwap [TAPSWAP] Delays Token Launch to Q3 2024, Airdrop to Occur Simultaneously

TapSwap [TAPSWAP], a widely known tap-to-earn game on Telegram, has announced a delay in the launch of its eagerly anticipated token

TapSwap [TAPSWAP], a popular Telegram tap-to-earn game, has announced a further delay in the launch of its highly anticipated token, now rescheduled for Q3 2024. The project's airdrop, a free distribution of cryptocurrency to users' wallets, will also accompany the token launch.

Back in early May, the TapSwap team had announced the upcoming launch of TapSwap Pools, which was initially set for May 30. However, they recently disclosed that the launch will now be pushed back to July 1, owing to a large influx of bots attempting to farm airdrop points.

TapSwap cites reasons for delay

In a further attempt to justify the delay, the company took to X (formerly Twitter) and stated,

“Lately, there's been a lot of buzz around Tapswap, especially about listing on tier 1 exchanges, a massive drop, and more. And…this kind of attention attracts not just scammers but also leaders in the web3 industry.”

It went on to add,

“This level of attention requires much more detailed work on tokenomics and the right launch strategy. And that means extra time.”

Community reacts to change of plans

This marks the second postponement of the token launch by the TapSwap team, and this time around, no specific new date has been provided.

Commenting on the same, X user – Crypto with Khan had this to say,

However, not everyone seemed to be on the same page, as highlighted by @HommiesDrey, who noted,

“Take your time. Don't hurry, do your best and come out with a top-tier project. You have my support. Every good thing takes time to build. Crypto is not a get-rich-quick scheme. Whoever is displeased should delete their telegram bot and get out.”

Needless to say, TapSwap also assured its users that this delay will ultimately enable them to “actually benefit from this,” among other things, besides various execs.

Well, the Token launch delays are not uncommon. Recently, Hamster Kombat [HMSTR], Notcoin [NOT], and Ethereum [ETH] Layer 2 network Blast also faced the same thing.

Hence, while the postponements have stirred mixed reactions within the community, they reflect a strategic response to ensure a strong and secure rollout.