Many TapSwap supporters were left disappointed after the project postponed the listing of the token to July 1. According to the project team, the decision was taken to allow time to get rid of taps that were earned unfairly using bots. The project team added that the bots had earned an “unrealistic” amount of shares and that the postponement would also enable them to stop and ban the bots.
Many people had been hoping to cash in on their tokens, but they now have to wait for at least a month before they do so. However, it is also worth noting that the launch date had initially been set for May 30, but the exchange listing date had not yet been communicated. TapSwap is a play-to-earn token built on Solana, and has been likened to Telegram-based Notcoin in many ways.
TapSwap’s gamified approach endeared it to the masses, as it allowed millions of people with smart phones to earn TAPS by interacting with a Telegram-based bot. As of this writing, it has built up a massive ecosystem of more than 30 million players. In addition, it has more than 4.2 million followers on social media platform, X. However, the popularity of the token has also attracted a sizable amount of scams targeting the community. Therefore, the postponement of the launch date could potentially expose users to more scam sites.
Users earn TapSwap tokens by completing various tasks, aimed at promoting platform usage and community interactions. Each completed task earns them a certain number of tokens. The beauty with it is that you can use multiple fingers to mine the coin. Also, users can earn tokens by referring new users to the platform. The referrer earns tokens each time the referred user engages in different activities within the platform. The aim is to accumulate as many TAPS as possible and exchange them on the Solana blockchain. By operating on Solana, TapSwap aims to leverage the blockchain’s fast speed, high security and low transaction fees.
This post was last modified on May 30, 2024, 15:54 BST 15:54