Home web3.0 Tapswap Postpones Token Allocation to Its Users Indefinitely

Tapswap Postpones Token Allocation to Its Users Indefinitely

Jun 20, 2024 am 06:33 AM

Tapswap, a popular tap-2-earn app, powered by TON Blockchain, says it has indefinitely postponed the token allocation to its users.

Tapswap Postpones Token Allocation to Its Users Indefinitely

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

John Robbin, Tapswap head of communications, disclosed this during an X space on Wednesday.

According to Robbin, representatives of the app are currently exploring the best ways to reward the tap-to-earn gamers.

The Telegram Tapswap bot app, which involves repeatedly tapping a screen icon to mine coins, has become popular among Nigerians seeking financial gains.

Since its launch on February 15, 2024, the app has reportedly attracted over 50 million users.

However, the head of communications stated that the method of token allocation is yet to be ascertained, emphasizing that the processes cannot be communicated before the allocation.

“The token launch has been shifted till July 1. The new date will be communicated,” Robbin said.

“We will allocate a huge portion of the tokens to the community to retain the tappers. We want you all to be a part of the tapswap community.

“We need a token airdrop to be a win-win for all of us. We have started talking to a lot of exchanges and platforms.

The app’s communication head also noted that those using the mechanism to farm taps and abuse the game will be banned by running checks from the community members while seeking genuine tappers’ patience.

Speaking on the mining processes, he 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 eventually finalize the tokens on it.

“The more tokens you want to have, the more tapping you have to do.”

On the booster option, which has already ended, the representative said it was not something new, adding, “We had room to grow exponentially faster than we thought, and then to evolve the game plan further, we introduced a paid feature to make their capital, but it was not something that was mandated on the users.

“We introduced the limited x2 donation because the new influx of users kept coming in, and we needed them to get 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. It is gone for now, but we are looking forward to using the money we got from it to improve the game in the future.

“It is all going to our 25 staffers working around the clock to sustain the app. We want to be here for a very long time.”

He also urged people to continue joining the tapping app as there’s time for them to get an appreciable token.

News source:https://www.kdj.com/cryptocurrencies-news/articles/tapswap-postpones-token-allocation-users-indefinitely.html

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