The well-known tap-to-earn software Tapswap, which is powered by the TONNE Blockchain, has announced that it will be delaying the distribution of tokens to users and moving the date to the third quarter of 2018. Since its release on February 15, 2024, the app has drawn over 50 million users. It acquired notable momentum among Nigerians by enabling users to mine coins by touching an icon on the Telegram Tapswap bot.
The administration of Tapswap has decided to postpone the token allocation event, which was originally scheduled for July 1st, in order to better serve its expanding player base. The management of X informed users of both “good and bad news” in a series of posts, stating that the delay is required to complete negotiations with tier-1 exchanges and to improve their tokenomics and launch plan.
We’ve chosen to reschedule the Shares-to-Token exchange event, which is both incredibly excellent and bad news for you at the same time. What’s so good about that, you ask? Just misinformation? Not quite🤏.
The idea behind it all is that you’ll really The user tapswap (@tapswapai) First July of 2024 “We’ve got some really good news and some bad news for you at the same time: our team has decided to move the date for the Shares-to-Token exchange event,” the management said. One may ask, what’s so good about that? Just misinformation? Not precisely. The main idea is that this will be advantageous to you. Let us clarify how.
The project’s attention has drawn both scammers and industry heavyweights in the web3 space, they stressed. There has been a lot of talk regarding Tapswap lately, particularly in relation to its listing on tier-1 exchanges, their significant decline, and other things. It comes as no surprise that the project has risen to the top and is now one of the main actors in the world.
Due to this accomplishment, a more thorough strategy is now required to guarantee a just and successful launch for the community. This degree of focus necessitates far more thorough study on tokenomics and an appropriate launch plan. And that calls for more time. However, be aware that all we’re doing is to make sure our Q3 launch is reasonable and, more importantly, lucrative for all of you who have supported us throughout the years,” the management continued.
With even more exciting news about tier-1 partnerships and the token drop, Tapswap encouraged its players to have hope for the future. “Thank you so much for your support. Remember to leave your opinion in the comments section, as we genuinely appreciate hearing from you. We’ll continue to push each other to new heights together! The statement comes after the token launch date was previously postponed. Originally scheduled for July 1st, the deferral was made in order to address concerns with bot accounts.
“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,” stated John Robbin, Head of Communications, in June when he revealed that the new token allocation date would be announced later. Robbin also mentioned that the process of allocating tokens is still being finalised.