Politics
ALERT: Tapswap Postpones Token Allocation Date For The second Time
ALERT: Tapswap Postpones Token Allocation Date For The second Time....KINDLY READ THE FULL STORY HERE▶
Popular tap-to-earn app, Tapswap, powered by TON Blockchain, has announced the postponement of its token allocation to users to the third quarter of the year.
Tapswap, which involves users tapping the icon in the center of the Telegram Tapswap bot screen to mine coins, has gained significant traction among Nigerians. Since its launch on February 15, 2024, the app has amassed over 50 million users tapping on their phone screens in pursuit of financial earnings.
The management stated that the share-to-token exchange event, originally scheduled for July 1st, has been moved to the third quarter to better serve its users.
In a series of threads on X (formerly Twitter) on Monday, the management shared both ‘bad and good news’ for its players. They mentioned active discussions with tier-1 exchanges globally to protect the highly-ranked game from scammers and capitalize on its success in the web3 industry.
“We’ve got some bad and really good news for you at the same time: our team has decided to move the date for the Shares-to-Token exchange event. You might wonder, what’s good about that? Just FUD?
“Not exactly. The whole point is that you’ll benefit from this. Let us explain how:
“Recently, there’s been a lot of buzz around Tapswap, especially about listing on tier-1 exchanges, a massive drop, and more. And it’s no surprise: the project has become one of the major players globally, ranking at the top. This kind of attention attracts not just scammers but also leaders in the web3 industry.
“So, not all rumors are just rumors. The Tapswap team is actually in active talks with tier-1 exchanges!
“And they are thrilled with you – our community! Isn’t this what we’ve been tirelessly working towards together?”
The management emphasized its commitment to thorough work on tokenomics and the right launch strategy, which necessitates extra time.
“However, this success comes with some ‘inconveniences’. This level of attention requires much more detailed work on tokenomics and the right launch strategy. And that means extra time.
“But know that this is all to ensure that our launch in Q3 is fair and, more importantly, profitable for all of you who stand by us no matter what,” they added.
Tapswap also encouraged its players to stay positive about future developments, expressing gratitude for their support and feedback.
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