Home web3.0 TapSwap Founder Naz Ventura Shares How the Game Is Gearing Up to Ensure Long-Term Sustainability

TapSwap Founder Naz Ventura Shares How the Game Is Gearing Up to Ensure Long-Term Sustainability

Aug 23, 2024 pm 09:23 PM
TapSwap Founder Sustainability

Telegram clicker games quickly became the talk of the town with the launch of Notcoin (NOT). These simple games revived the play-to-earn mechanics in Web3 games by offering an easy and engaging way to earn digital assets through minimal interaction—often just by tapping a button on their screen.

TapSwap Founder Naz Ventura Shares How the Game Is Gearing Up to Ensure Long-Term Sustainability

Telegram clicker games, like Notcoin (NOT), have quickly become popular due to their simple gameplay and play-to-earn mechanics. However, concerns have arisen regarding the long-term sustainability of these games.

In an interview with crypto.news, Naz Ventura, the founder of TapSwap, shared how the game is gearing up to ensure long-term sustainability.

According to Ventura, the simplicity of these games, while practical for accessibility, might also lead to their downfall. Without more complex and engaging gameplay mechanics or real-world utility, the value of these games and the respective tokens they offer could quickly diminish.

“That’s how it goes,” for Web3 trends, Ventura told crypto.news. “In Web3, trends are constantly evolving, and clicker games have been one of the hottest recent ones. But naturally, something new will eventually emerge.”

To address this concern and ensure TapSwap's longevity, Ventura said the project is introducing more features and a new economic model. The game currently generates revenue through direct channels, like selling in-game assets, and secondary channels, by displaying ads and selling traffic. According to Ventura, all the revenue generated is reinvested into the platform.

However, the project plans to introduce a new profit-sharing model, where users contribute some of their earnings to support the platform. Ventura called it the “Win-Win Monetization” model and said it is expected to sustain the platform’s long-term growth.

“We’re crafting a model that guarantees consistent income for users, stable revenue for the project, and increased demand, utilization, and value for our token. While we’ll be sharing more detailed information with our community soon, we can already reveal that this model taps into the AI niche.”

The TapSwap founder also disclosed ongoing discussions with several tier-one exchanges and key industry players, aiming to align TapSwap's business model with broader market opportunities. Ventura states these partnerships are expected to increase the project’s visibility.

“We are also focused on developing infrastructure projects within the TON blockchain, which will play a significant role in our expansion efforts and help us onboard more users into the Web3 ecosystem.”

The TapSwap community is awaiting the airdrop for the project’s native TAPS token, scheduled for the third quarter of 2024. The game has yet to unveil its tokenomics, which will dictate how TAPS will be allocated.

When asked about it, Ventura provided a concise explanation, noting that the tokenomics are designed to ensure a “balanced and sustainable” in-game economy. Without going into the specifics, he reiterated the importance of their reinvestment strategy, which is a cornerstone of their approach. This strategy is seen as vital for maintaining the token’s value and ensuring ongoing demand, helping to support the long-term growth and stability of the platform.

“The primary focus is on ensuring that the token has real utility and value within the TapSwap ecosystem,” Ventura said.

Ventura acknowledged the difficulties of retaining users after an airdrop for new projects, but added that TapSwap wants to deliver continuous value to its players and plans to keep the community engaged.

“We are developing new features and partnerships that will provide additional utility for our token, making it more attractive for users to stay invested in the platform. […] By fostering a strong, engaged community, we believe we can sustain user interest and loyalty over the long term.”

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