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Again, Tapswap postpones token allocation

A popular tap-2-earn app, Tapswap, powered by TON Blockchain, has said the token allocation to users has been postponed to quarter three of the year.

The app, which required users to repeatedly tap the icon in the centre of the Telegram Tapswap bot screen to mine coins, recently gained momentum among Nigerians tapping on their phone screens in pursuit of financial earnings and has amassed over 50 million users since it launched on February 15, 2024.

In a series of posts on X (formerly Twitter) on Monday, Tapswap’s management shared both ‘bad and good news’ with its players. The decision to postpone the token allocation event, according to the company, is part of a broader strategy to engage in discussions with tier-1 exchanges globally. The goal is to secure the game’s integrity and protect it from scammers and exploiters within 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,” the management explained.

The statement highlighted the buzz surrounding Tapswap and its potential listing on major exchanges, noting that the project has become a major player in the global market. “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.”

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