TapSwap, a popular tap-to-earn app powered by the TON Blockchain, has delayed its token allocation event once more.
Originally planned for July 1st, the event will now take place in the third quarter of the year.
TapSwap which launched on February 15, 2024, lets users earn tokens by tapping the icon in the centre of the Telegram TapSwap bot screen. The app has become very popular, especially in Nigeria, and has over 50 million users.
The TapSwap team explained that the delay will help them better serve their users. They shared this update on social media, noting both “bad and good news” about the postponement.
“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?
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“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 rumours are just rumours. 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?”
TapSwap’s management stressed their commitment to detailed work on tokenomics and the right launch strategy, saying that this level of attention requires more time.
“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.”
Despite the delay, TapSwap encouraged its users to look forward to even bigger news in the future, thanking them for their ongoing support and feedback.
TapSwap’s Head of Communications, John Robbin, announced on June 20, 2024, that the token launch date had been postponed. He said the allocation process is not finalized yet and more details will follow soon.
“The token launch was postponed from July 1. The new date will be communicated.
“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.
“We need a token airdrop to be a win-win for all of us. We have started communicating with many exchanges and platforms,” he concluded.
