Tapswap, a popular tap-to-earn app powered by the TON Blockchain, has announced an indefinite postponement of its token allocation to users.
The decision was communicated by Tapswap's Head of Communications, John Robbin, during an X Space session on Wednesday. Robbin explained that the exact method of token allocation has yet to be determined, and as such, the details cannot be communicated before the allocation is finalized.
"The token launch was postponed until July 1. The new date will be communicated," he stated. Robbin emphasized that a significant portion of the tokens would be allocated to the community to retain active users and build a strong Tapswap following.
Launched on February 15, 2024, the Tapswap app requires users to tap repeatedly on an icon in the center of the Telegram Tapswap bot screen to mine coins. The app has quickly gained popularity, especially among Nigerians, and has amassed over 50 million users.
Robbin encouraged genuine tappers to remain patient, noting that users attempting to exploit the system would be banned. He also addressed the booster option, which has already ended, stating it was an optional paid feature introduced to help new users compete with early adopters.
The funds generated from the booster option will be used to further develop the app and sustain its operations, Robbin said. He reassured users that the revenue would support the app's 25 staff members who work tirelessly to maintain and improve the platform.
In Nigeria, the app has become an obsession for many, with viral videos showing a Keke driver tapping on his phone while steering and traders in Northern Nigeria vigorously tapping their screens. As users await further announcements, the anticipation for token allocation remains high, with many hoping to turn their taps into tangible rewards.