Tapswap, a popular tap-to-earn app powered by TON Blockchain, has postponed its token allocation to users to the third quarter of the year. The app, which requires users to tap an icon on the Telegram Tapswap bot to mine coins, has gained significant popularity among Nigerians and amassed over 50 million users since its launch on February 15, 2024.
The management explained that the decision to delay the share-to-token exchange event from July 1st to the third quarter is to better serve its players. In a series of threads on X, they revealed ongoing discussions with tier 1 exchanges to ensure the game's success and protect it from scammers and industry leaders drawn to its achievements.
“We’ve decided to move the date for the Shares-to-Token exchange event. This will ultimately benefit you,” the management stated. They emphasized the need for detailed work on tokenomics and the right launch strategy, which requires more time to ensure a fair and profitable launch for all users.
The Head of Communications, John Robbin, disclosed that the token allocation method has not yet been finalized and the new launch date will be announced. The goal is to retain the community by ensuring a win-win token airdrop. Robbin also noted ongoing communications with various exchanges and platforms to facilitate this process.
Nigerians, from all walks of life, have been eagerly tapping on their phones, with some hoping to purchase cars and houses with their accumulated tokens. Viral clips show the widespread enthusiasm, including a Keke driver tapping away while steering his vehicle and traders in Northern Nigeria vigorously tapping their screens.
