Tapswap Announces Delay In Token Allocation

Since its launch on February 15, 2024, Tapswap has gained immense popularity, particularly among Nigerians who use the Telegram Tapswap bot to mine coins. The app has already attracted over 50 million users worldwide.

In a series of tweets on Monday, the Tapswap management shared both the ‘bad and good news’ regarding the postponement. They are currently in active discussions with tier 1 exchanges globally to ensure the game is priced appropriately and protected from scammers and leaders in the web3 industry.

The announcement reads: “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 emphasized their commitment to thoroughly analyzing tokenomics and launching with the right strategy, despite the inconvenience of the delay. They assured users that the delay aims to ensure a fair and profitable launch in Q3.

Tapswap urged its users to remain optimistic about future developments and thanked them for their ongoing support and feedback. The management promised more significant news about tier 1 partnerships and the token drop soon, encouraging users to continue providing feedback to help the platform reach higher levels.