Introduction
Tapswap has gained significant traction in the Nigerian crypto space, following the successful airdrop campaign by Notcoin. Millions of Nigerians are engaging in the tap-to-earn activity, which outlines the entire process of Tapswap mining and earning points. However, recent scrutiny from the Nigerian crypto community has revealed several red flags that cast doubt on the legitimacy of the project.
1. One Ton to Double Your Points
Tapswap's airdrop campaign, which is supposed to be free, introduced a feature that requires participants to pay 1 Ton token (worth approximately $7) to double their points. This has raised concerns among participants who believe it defeats the purpose of a free airdrop campaign and makes a mockery of those who have invested time and effort into growing their points.
2. Lack of a Community Space
Unlike other Web 3 projects, Tapswap has not launched a community space for its users. This absence of a platform for stakeholders to collaborate, share knowledge, and support each other's growth within the digital currency space raises questions about the project's legitimacy and commitment to its community.
3. Integration with Nigerian Web 2 Pages
The integration of two Nigerian news channels into Tapswap's tasks, requiring users to subscribe to them for points, has fueled speculation that the project might be run by Nigerians looking to boost the reader base of these channels. This integration of Web 2 properties with a Web 3 project has been perceived as a red flag by the community.
4. Blockchain Launch Uncertainty
Tapswap initially announced its launch on the Solana blockchain, but later stated it would not be launching on Solana due to scalability issues. The project has yet to announce which blockchain it will be launching on, leaving its 28 million users in suspense and raising concerns about the project's credibility and future prospects.
5. Persistent Technical Glitches
The user experience for Tapswap has been subpar, with users consistently complaining about technical glitches, including difficulties accessing the Telegram interface and connecting their wallets. This poor user experience raises questions about the project's ability to provide a seamless experience for its participants.
Closing Thoughts
While Tapswap has gained significant popularity in the Nigerian crypto space, the presence of these red flags has cast doubt on the project's legitimacy. The lack of a community space, integration with Web 2 pages, blockchain launch uncertainty, and persistent technical glitches have all contributed to a growing sense of skepticism among the Nigerian crypto community. As the project continues to evolve, it will be crucial for Tapswap to address these concerns and provide a transparent and reliable experience for its users.