Tapswap Postpones Token Exchange Again, Hints At Major Listings

Tapswap, the popular tap-to-earn game on Telegram, has once again announced the postponement of its highly anticipated Shares-to-Token exchange event to the third quarter of 2024. 

This latest delay comes amid heightened interest in Tapswap, with the project reportedly attracting attention from major cryptocurrency exchanges.

Powered by the TON Blockchain, Tapswap had initially scheduled the airdrop for May 30 but later pushed it back to July 1 due to an influx of bots aimed at farming airdrop points. 

However, the team has now decided to further postpone the event to ensure a fair and profitable launch for all users.

Tapswap Token Exchange Delay Major Listings: Talks with Tier-1 Exchanges

According to a statement shared on X (formerly Twitter), the Tapswap team is currently engaged in “active talks” with tier-1 exchanges, a significant development for the platform. 

This newfound level of attention has presented challenges, requiring “much more detailed work on tokenomics and the right launch strategy” in light of potential exchange listings.

Tapswap Token Exchange Delay Major Listings: Postponement for a Better Launch

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, TAPS, on The Open Network (TON). 

The team emphasizes the long-term benefits of this postponement, stating that “the whole point is that you’ll actually benefit from this” and that the success of the project “comes with some inconveniences” that require extra time.

Growing User Base

Launched in February, Tapswap has been gaining momentum among Nigerians tapping on their phone screens in pursuit of financial earnings. 

The game has amassed over 50 million users since its launch on February 15, 2024. 

However, a screenshot by a user shows that while over 60 million people play the game, only about 18 million are daily users.

Read More: $NOT Token Launches Today: All you Need to Know | Launch Price | Steps to Claim

Community Allocation

During a recent Ask-Me-Anything session on X, the Tapswap team revealed details about their upcoming token launch, emphasizing a generous allocation for the community. 

While they didn’t disclose specific numbers, they assured users that “a significant portion of all tokens” will be set aside for them. 

The team also noted that they are taking a strict approach to the airdrop, emphasizing meticulous token allocation and implementing a system to monitor user behavior.

As Tapswap continues to grow and attract attention from major players in the cryptocurrency industry, the team remains committed to ensuring a fair and profitable launch for its community. 

Despite the delays, the project’s potential for success remains strong, and users can look forward to further updates in the coming months.

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