Tapswap, a widely-used tap-to-earn app on the TON Blockchain, has announced a delay in its highly anticipated token allocation event, now rescheduled for the third quarter of this year. Originally set for July 1, the postponement aims to better accommodate its rapidly expanding user base, which has grown to over 50 million since its launch on February 15, 2024.
In a series of updates on X (formerly Twitter), Tapswap’s management conveyed both ‘bad and good news’ to its users. The delay is part of a broader plan to engage in discussions with top-tier exchanges globally to secure the platform’s integrity against scammers and exploiters within the web3 industry.
The management explained, “Our team has decided to move the date for the Shares-to-Token exchange event. This decision is made to benefit you, our users, as it allows us to work on detailed tokenomics and a strategic launch plan.”
They emphasized the growing buzz around Tapswap and its potential listing on major exchanges, making it a significant player in the global market.
Despite the delay, Tapswap encouraged users to remain positive, promising more exciting updates. The team is actively engaged with tier-1 exchanges and is thrilled with the support from its community. They reassured users that the extra time will ensure a fair and profitable launch in Q3.
Nigerians, young and old, have been eagerly participating in Tapswap, with many hoping to use their accumulated tokens for significant purchases. The community remains optimistic and supportive, looking forward to the forthcoming updates.
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