Tapswap Postpones Token Allocation Indefinitely Amid Strategic Review

A popular tap-to-earn app, Tapswap, powered by the TON Blockchain, has announced that the token allocation to users has been indefinitely postponed. The representatives are currently seeking the best ways to reward the tap-to-earn gamers.

This was disclosed by John Robbin, Head of Communications at Tapswap, during an X Space session on Wednesday.

The app, which requires users to repeatedly tap an icon in the center of the Telegram Tapswap bot screen to mine coins, recently gained momentum among Nigerians eager to earn financial rewards. Since its launch on February 15, 2024, Tapswap has amassed over 50 million users.

Robbin stated that the method of token allocation has not yet been finalized, emphasizing that the processes cannot be communicated before the allocation is set.

“The token launch was postponed until July 1. The new date will be communicated.

“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 said.

He also noted that those exploiting the mechanism to farm taps and abuse the game would be banned, with checks being run by community members. He urged genuine tappers to be patient.

Regarding the mining process, Robbin explained, “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.”

Addressing the booster option, which has already ended, Robbin clarified, “We have grown exponentially faster than we thought, so to develop the game plan further, we introduced a paid feature to generate capital, but it was not mandated on the users.

“We introduced the limited x2 donation because the new influx of users kept coming in, and we needed them to make something out of it and get a fair allocation at TGE.

“It allowed people who joined recently to compete with those who started earlier. It is gone for now, but we are looking forward to using the money we earned 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.”

Robbin also encouraged people to continue joining the app, assuring that there is still time to earn appreciable tokens.

Nigerians of all ages have been obsessively tapping on their phones, with some hoping to use the tokens to buy cars and houses. In a viral clip, a Keke driver was seen tapping away on his phone with one hand while steering his moving vehicle with the other. Another viral video showed several traders in Northern Nigeria tapping vigorously on their screens.

What do you think?

Written by Joe

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