TapSwap, a trending Telegram mini app where players can earn TAPS coins by engaging in various in-game activities, has announced a postponement of its highly anticipated Shares-to-Token exchange event.
The delay, according to the company, is driven by positive developments that could significantly benefit its community.
With over 46 million players as of early June 2024, TapSwap has rapidly gained popularity due to its simple yet engaging tap-to-earn mechanics, allowing anyone with a smartphone to participate.
This surge in users has catapulted the platform into the spotlight of the decentralized finance (DeFi) space.
In a recent post on X (formerly Twitter), TapSwap explained the situation: “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 actually benefit from this.”
The post went on to reveal that TapSwap is in active discussions with tier 1 cryptocurrency exchanges for potential listings. This development has necessitated a more thorough review of the project’s tokenomics and launch strategy.
“The Tapswap team is actually in active talks with tier 1 exchanges! And they are thrilled with you – our community!” the post stated.
“However, 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.”
While the exact new date for the Shares-to-Token exchange event has not been disclosed, the company has confirmed it will take place in Q3 of this year.
“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,” the post assured.
The announcement also hinted at an upcoming “massive drop,” though details remain scarce. TapSwap promised, “And very soon, we’ll give you some even bigger news about our future, tier 1 partnerships, and the drop itself!”
Despite the delay, the TapSwap team emphasized their commitment to transparency and community engagement. They encouraged users to provide feedback, stating, “We truly listen to your feedback, so don’t forget to share it in the comments. Together, we’ll keep reaching higher and higher levels!”
