Main Takeaways 🔎
- TapFi is an innovative trend paving the way for newbies to earn seamlessly in crypto.
- The #ton_blockchain sits at the forefront of Web3's future with its Telegram leverage.
- Unlike $BTC , $BNB , and $ETH , the native token TON is not available yet on Binance exchange. Nevertheless, $NOT (a TON project) has been making waves on Binance, preparing users for what's coming.
With the current drop in prices, earning in crypto has been more tricky. Projects like #DaoLabs have been a source of hope for users into #SocialMining .
Overview
The rise of TapFi (Tap Finance) or more popular known as "Tap-To-Earn" have seen tremendous growth over the past months. This is highly due to the success of NOTCOIN, a pioneer TapFi project which onboarded tons of new users (Over 35 Million +) into the TON ecosystem and crypto world.
Leveraging on this NOTCOIN's 🪙 success are projects like;
- Hamster Kombat 🐹
- TapSwap
- WCoin
- And a whole lot more...
Aside NotCoin, most of these other projects are still in their mining phase, yet to launch. No doubt why most users are still skeptical about which project will really "cook" - another word for "do well" or "launch well".
As of writing, there are currently hundreds of Telegram mini app projects using the same TapFi mechanism. Some others have even optimized it further with:
- SwipeFi (Swipe To Earn), example: YESCoin
- and more...
One good thing about Telegram's potential for becoming the leading hub for Web3's enthusiasts is its robust ecosystem of over 900 Million users who can easily access the world of crypto easily, if reached.
Testnets or TapFi
Testnets and TapFi have lots in common. They provide an opportunity for users to test out a project, with opportunity to earn tokens during mainnet or TGE.
Some cons with Testnets include:
- Quite Expensive
- Technicality
- Less Fun
Testnets will still continue to be a thing as long as, projects need an interface that supports a more broader interaction.
Why TON?
The Open Network (TON) Blockchain, founded by Telegram Founders has seen tremendous growth over the last 6 months.
Insights from a recent CoinMarketCap article shows that:
"TON has experienced a 55x growth in the past six months, with a total value locked (TVL) of $715 million and a market capitalization of $18 billion. The platform's growth is attributed to its accessibility, community building, and innovative applications like TapFi games and memecoins. TON's unique approach to community building and gaming has attracted millions of users, with Hamster Kombat, a tap-to-earn game, reaching 239 million users in just three months. The article also highlights the rise of memecoins on TON, with Notcoin and Resistance Dog being notable examples. TON's focus on sustainability and community development has created a more welcoming environment for users and developers, setting it apart from other blockchain ecosystems. The article concludes that TON has the potential to become a major player in the blockchain space, offering a unique blend of accessibility, performance, and community-driven innovation." - CoinMarketCap Blog
Through The Wave 🌊
Owning a Telegram account is the new Gold 🪙, protecting it is key to securing your assets.
Some tips to note:
- Avoid spamming with your Telegram account
- Subscribe to premium if possible
- Look for projects building and with recognizable partnerships. This will prevent you from wasting your efforts with some time-wasting projects.
- Join a community of grinders, to get more insights on what's working.
Conclusion 🎓
The TON Blockchain is one of the most innovative blockchains out there, with zero to low barrier of entry. The TapFi meta is a stronghold for onboarding the next generation of Web3 enthusiasts. With the support for USDT, users can hold their assets as stables and projects like Warbird are sending out points rewards as part of their program.
The world of crypto can be diverse with opportunities, and a mixture of these is key to unlocking quality freedom.
Got feedbacks !?
Let's hear below👇🏻
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Test Your Knowledge 👇🏻
1. Which of these is a GameFi project?
A. BNB
B. ETH
C. NOT
D. BTC
2. Which of these is not a way to earn in crypto?
A. Crypto Mining
B. Social Mining
C. TapFi
D. Rugpull
Share answers below 💭
References 📚
CoinMarketCap Blog
Disclaimer 💭
Post = NFA, educational purposes only
Always DYOR ❤️🙏🏻
