Tapswap, a crypto game where players tap to earn rewards, has become incredibly popular since its launch in February 2024. With 67 million users and 18 million playing daily, many are eagerly waiting for the gameâs promised token called TAPS. The token generation event (TGE) for the TAPS token is scheduled for the end of Q3 2024. However, the airdrop â a free distribution of these tokens to players â hasnât happened yet.
TapSwap amassed 56M users within just 4 months of Launch. Source: Telegram CEO Pavel Durov
The clicker projects like Tapswap typically operate on an airdrop model, where users complete tasks and earn in-game coins with the expectation of exchanging them for project tokens upon release. While this approach isnât new, the sheer scale of TapSwapâs user base â comparable to the population of France or about 0.8% of the global population â necessitates a fundamentally different approach to airdrops.
Massive User Base Complicates Distribution
Calculating token allocations for such a vast user base is a daunting task. TapSwap must consider a multitude of factors beyond just the amount of in-game currency earned. These include the frequency of app check-ins, the number of referrals, and various other user actions. When these calculations are multiplied across millions of eligible users, the complexity becomes evident.
This intricate process explains why the Token Generation Event (TGE) often takes longer than the community expects. For instance, Hamster Kombat, which initially announced its airdrop for July, hadnât released the token by mid-August. TapSwap, while never publicly committing to a specific month, has consistently maintained that the TGE will occur in Q3, which includes August and September.
Learning from Otherâs Mistakes
While usersâ eagerness to receive their tokens is understandable, the crypto industry has witnessed numerous examples of rushed airdrops that ended in disappointment. Inadequate time spent on designing tokenomics can result in users feeling shortchanged for their efforts. TapSwapâs approach prioritizes thorough planning to ensure a fair and satisfactory distribution.
According to recent communications from TapSwap, the projectâs tokenomics is nearing completion. The team is currently in discussions with multiple exchanges and platforms.
We actively communicate with Tier-1 exchanges and have received positive feedback on their collaboration. Once finalized, we will update you on these efforts.
The team has also emphasized that âA significant portion of all tokens will definitely be allocated to the community.â
Beyond the TapSwap AirdropâŠ
TapSwap recognizes that a successful airdrop extends beyond the initial token distribution. Sustaining the tokenâs price post-TGE requires ensuring the projectâs tangible value and long-term utility. To this end, TapSwap has announced plans to venture into SocialFi and AI fields, as well as launch a quest platform to assist other Web3 projects in scaling.
The team elaborated on these plans, stating:
We plan to launch an interactive platform with a user-friendly interface to grow the community and market. This platform will help build communities for Web3 projects and facilitate networking, marketing, and user-generated content. We believe TapSwap will become a leader in community building and marketing.
How Users Can Maximizing TapSwap Airdrop Rewards
As the TapSwap airdrop approaches, the project has outlined several criteria that will influence usersâ reward allocations. These include:
Share balance: The more TapSwap shares a user holds, the greater their potential rewards.
Social media engagement: Subscriptions, likes, shares, and comments on Telegram and X will be considered.
Game visit frequency: More frequent daily and weekly check-ins will increase rewards.
Task completion: Finishing in-game tasks and viewing TapSwap videos on YouTube will be factored in.
Tappy Town progress: Advancement in TapSwapâs new virtual city-building feature will be rewarded.
Paid boosts: Users who purchased boosts will receive additional rewards, though this wonât reduce the allocation for those who didnât make purchases.
TapSwap has emphasized its commitment to rewarding genuine engagement, stating that they filter out bots, multiple accounts, and abusers to ensure only real players benefit from the airdrop. While the exact date of the snapshot remains undisclosed, it is confirmed to occur within Q3 2024.
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