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A popular tap-2-earn app, Tapswap, powered by TON Blockchain, on Wednesday said it had postponed the token allocation users to the third quarter of the year.
Tapswap app requires users to repeatedly tap the icon in the centre of the Telegram Tapswap bot screen to mine coins.
The app recently gained momentum among Nigerians tapping on their phone screens in pursuit of financial earnings and has amassed over 50 million users since it was launched on February 15, 2024.
The management said it decided to move the share-to-token exchange event scheduled for July 1st to the third quarter to better serve its users.
In a series of post on X, the management said, “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 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?”
The management further reiterated its effort to devote a high level of attention to the task, which requires much more detailed work on tokenomics and the right launch strategy.
“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,” it added.
Tapswap, however, charged its players to be happy about the bigger news in the future while appreciating the support and feedback gotten from them.
