In the rapidly evolving world of cryptocurrency airdrops, a new project called Tapswap has been creating waves with its unique “tapping” mechanism. If you’ve been active in the airdrop scene, you’re probably aware of the success stories of projects like Notcoin, where users can earn tokens simply by tapping their screens. Tapswap is the latest addition to this growing trend, and in this comprehensive review, we’ll explore whether it’s a legitimate opportunity or just another fleeting fad.
What is Tapswap?
Tapswap is a decentralized exchange built on the Solana blockchain. Similar to Notcoin, Tapswap allows users to accumulate its native “Taps” tokens by engaging in a simple tapping game on their Telegram bot. The project’s token distribution strategy aims to actively engage and reward the community, with 50% of the tokens allocated to active members, 30% reserved for platform development, and the remaining tokens distributed among the team, advisors, and liquidity support.
One standout feature of Tapswap is the ability to earn boosts and increase token accumulation by completing various tasks within the bot. Additionally, the project promises that the largest portion of the token distribution will occur among the active players on Telegram, making it an enticing prospect for those seeking to earn free crypto.
Tapswap Vision
The project owners of Tapswap have outlined their vision and plans for the platform, emphasizing their goal to build a global on-chain mobile money network initially targeting African markets. They aim to capture a significant share of the $900 billion mobile money market by promoting digital ownership through self-custodial banking practices. The team successfully launched a beta product in Q3 2023 in Kenya, focusing on Bitcoin transactions and user experience improvements. They are set to release a full-suite exchange in Q3 2024, with features like token burns, referral programs, and trader-centric tools.
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How to Start Earning on Tapswap
Getting started with Tapswap is straightforward. First, you’ll need a Telegram account, and then you can access the Tapswap bot directly by clicking on this link: https://t.me/tapswap_mirror_1_bot?start=r_5307508167
Once you’ve joined the bot, you’ll see a “Start” button. Click on it, and follow the instructions to begin the tapping game. As a new user, you’ll receive 2,500 shares, and you can accumulate up to 500 Tapswap tokens per session. However, you’ll need to wait a few minutes for the bot to “recuperate” before you can resume tapping.
Increasing Your Tapswap Earnings
While the basic tapping mechanism is simple, Tapswap offers various opportunities to boost your token earnings. On the game page, you’ll find options like “Boost,” “Tasks,” and “Ref” (Referrals).
Completing tasks, such as joining the Tapswap Telegram group or following them on other social media platforms, will reward you with additional shares. Each task has a specific number of shares associated with it, which will be added to your Tapswap balance upon completion.
Moreover, referring active users to the platform can be highly rewarding. When you share your referral link, and users you’ve referred actively accumulate tokens, you’ll receive a portion of their earnings in the form of shares. This passive earning mechanism can significantly increase your token accumulation without constant tapping.
Tapswap Launch Date and Potential Drawbacks
At the time of writing this review, there is no definitive information regarding Tapswap’s token launch or listing date. The only detail provided is that the “Taps pool” will launch on May 30th, 2024, though it’s unclear what this entails.
Instead of speculating about launch dates, it’s advisable to focus your efforts on accumulating as many shares as possible. After all, the more shares you accumulate, the higher your potential token allocation will be when Tapswap eventually lists its token.
While Tapswap appears to be a promising opportunity, it’s essential to consider potential drawbacks. One notable limitation is the low earning rate from the bot, capped at 500 tokens per session by default. Upgrading may be necessary to increase earnings, which could involve additional costs or limitations.
Additionally, the time required for the bot to “recuperate” between sessions can be tiring, especially if you’re using auto-clicker software. Finally, the lack of information about Tapswap’s development team raises some concerns about the project’s legitimacy, despite its seemingly genuine intentions.
Is Tapswap Legit or a Scam?
Assessing the legitimacy of a project, especially in the early stages, can be challenging. While Tapswap appears to be a legitimate endeavor, its relatively young age makes it difficult to make definitive claims. Drawing parallels with Notcoin’s journey can provide some insights.
Like Notcoin, Tapswap’s future was initially unclear – would it evolve into a fully-fledged token, or would it remain a mere game? However, the Tapswap team has been transparent about their plans, consistently stating that the project will transcend its Telegram game origins and become a full-fledged airdrop, with the most significant share of tokens going to active Telegram players.
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Assessing the legitimacy of a project, especially in the early stages, can be challenging. While Tapswap appears to be a legitimate endeavor, its relatively young age makes it difficult to make definitive claims. Drawing parallels with Notcoin’s journey can provide some insights.
Like Notcoin, Tapswap’s future was initially unclear – would it evolve into a fully-fledged token, or would it remain a mere game? However, the Tapswap team has been transparent about their plans, consistently stating that the project will transcend its Telegram game origins and become a full-fledged airdrop, with the most significant share of tokens going to active Telegram players.
User Reviews and Ratings
Trustpilot Review:
- Source: Trustpilot
- Content: 1 review available on Trustpilot for Tapswap.ai, but details of the review are not provided.
CoinSniper Ranking:
- Source: CoinSniper
- Content: Tapswap ranks 61 in the last 24 hours with a total of 630 votes and 2 votes in the last 24 hours.
CoinMooner Overview:
- Source: CoinMooner
- Content: Tapswap is revolutionizing token mining with a focus on user engagement and empowerment. Users can mine TAPS tokens through a clicker game on the Solana blockchain.
ScamAdviser Trust Score:
- Source: ScamAdviser
- Content: Tapswap.money has a low trust score due to hidden website owner identity and a low Tranco rank, raising potential legitimacy concerns.
MoniTalk.ng Airdrop Review:
- Source: MoniTalk.ng
- Content: The review discusses Tapswap’s token distribution strategy, user engagement, and potential concerns like low earnings and lack of team information.
Conclusion
In the ever-changing landscape of cryptocurrency and airdrops, Tapswap presents an intriguing opportunity for enthusiasts seeking to earn free tokens through a simple tapping mechanism. While the project appears legitimate, its relative youth and ambiguity surrounding certain aspects, such as the development team and token launch details, warrant a cautious approach.
Nonetheless, given the low barrier to entry – requiring only your time investment – and the potential for substantial rewards, it may be worth participating in Tapswap and accumulating tokens. Just remember to manage your expectations and be prepared for the possibility that the project may not live up to its promises.
As with any emerging opportunity in the crypto space, it’s crucial to conduct thorough research, weigh the pros and cons, and make informed decisions that align with your risk tolerance and investment goals.
