Tapswap Suspends Token Distribution, Promises Fair Airdrop to Retain 50M Users

Tapswap, a widely used tap-to-earn program on the TON Blockchain, has indefinitely suspended its token distribution to users.

Tapswap, a popular tap-to-earn program on the TON Blockchain, has suspended its token distribution to users indefinitely.

The decision was announced by John Robbin, Tapswap's Head of Communications, during a space held on X on Wednesday.

According to Robbin, the move is aimed at finding the best way to compensate users participating in the platform.

Launched on February 15, 2024, Tapswap has attracted over 50 million users worldwide, including a large presence in Nigeria, who tap their phone screens to earn tokens through the Telegram Tapswap bot.

"The token launch has been postponed until July 1. The new date will be communicated," Robbin said, highlighting the platform's efforts to retain its user base.

"We will allocate a good portion of the tokens to the community to keep the tappers. We want you all to be a part of the Tapswap community," he added.

Robbin further emphasized the need for a fair token airdrop, stating, "We need a token airdrop to be a win-win for all of us. We have started talking to a lot of exchanges and platforms."

Addressing concerns about system abuse, he warned, "Anybody abusing the system to farm taps and manipulate the game will be banned," and urged genuine users to be patient as community members conduct background checks.

On the mining process, Robbin explained, "Just open the app and tap on it; that will give you shares. The more you tap and the more upgrades you do, the more shares you will have when we finalize the tokens on it. The more tokens you want to have, the more tapping you have to do."

The recently concluded booster option, which allowed users to boost their earnings, was also discussed.

"We have grown exponentially faster than we thought, and to develop the game plan further, we introduced a paid feature to make their capital, but it was not mandated on the users," Robbin noted.

The limited x2 donation feature, designed to help new users compete with earlier adopters, is now discontinued.

"It was a platform that allowed people who joined recently to compete with people who started earlier. It is gone for now, but we are looking forward to using the money we earned from it to improve the game in the future," he added.

Robbin concluded by assuring users of the app's longevity, stating, "It is all going to our 25 staffers working around the clock to sustain the app. We want to be here for a very long time."

News source：https://www.kdj.com/cryptocurrencies-news/articles/tapswap-suspends-token-distribution-promises-fair-airdrop-retain-m-users.html

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