BREAKING: Again, Tapswap postpones token allocation
Tapswap, a popular tap-to-earn app powered by the TON Blockchain, has announced a delay in its token allocation to users, rescheduling the event to the third quarter of the year.
The app, which gained significant traction among Nigerians by allowing users to mine coins by tapping an icon on the Telegram Tapswap bot, has attracted over 50 million users since its launch on February 15, 2024.
Originally set for July 1st, the token allocation event has been postponed to better serve its growing player base, according to Tapswap’s management.
In a series of posts on X, the management shared both “bad and good news” for its users, explaining that the delay is necessary to finalize discussions with tier-1 exchanges and to refine their tokenomics and launch strategy.
The management stated, “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.”
They emphasized that the attention the project has received has attracted both scammers and leaders in the web3 industry. “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 success has necessitated a more detailed approach to ensure a fair and profitable launch for the community. “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,” the management added.
Tapswap urged its players to remain optimistic about the future, promising even bigger news about tier-1 partnerships and the token drop. “We really value your support. And we truly listen to your feedback, so don’t forget to share it in the comments. Together, we’ll keep reaching higher and higher levels!”
The announcement follows a previous postponement of the token launch date, which was initially set for July 1st but was delayed due to the need to address issues with bot accounts.
The Head of Communications, John Robbin, had disclosed in June that the new token allocation date would be communicated later.
