The popular tap-to-earn project, Tapswap has announced that it will launch on The Open Network (TON) blockchain. According to a Thursday statement on X (Twitter), the decision will be “best for delivering the ultimate experience” for its acclaimed 50 million community.
TapSwap is a DeFi project similar to Notcoin. Although there is no available information about the team behind the newest coin, the project claims to have over 50 million community members globally.
TapSwap allows users to earn Tap coins by engaging with the TapSwap Telegram Bot. Users can start mining by simply tapping on an icon on the Telegram bot interface.
The coin mining mechanics are similar to that of the NotCoin, coins are mined by tapping the corresponding icon in the centre of the screen. Users can climb the ranks, earn more coins and outperform other users from different leagues depending on how much they tap.
Also, you can unlock boosters and complete certain tasks to maximize your coin earnings. To gain additional tokens, you can invite other users and receive bonuses. The essence of the activity is to gather as many Tap tokens as possible and exchange them for the $TAP coin when the coin is launched on the TON Blockchain, as announced.
Apart from TapSwap, other tap-to-earn projects on the Telegram messaging app include Notcoin, Hamster Kombat, Yescoin and Blum.
It is not too late to get started with TapSwap, click here.
TapSwap, Notcoin: All that you need to know
In a Thursday announcement on its official X (Twitter) account, the project made the groundbreaking announcement.
“Exciting News: Blockchain Announcement We’re thrilled to announce that TapSwap will launch on the TON blockchain! This well-thought-out decision is the best option for delivering the ultimate experience for our ever-growing community. Stay tuned for more updates and details! Get ready to tap into new possibilities with #TON.”
This clarification ends the speculation about the network upon which the viral tap-to-earn project would be built.
When TapSwap started, it was powered by the Solana blockchain and when we wrote our explainer in May, there was a discussion about the project’s great potential due to being built on Solana.
However, earlier this month, TapSwap in a surprising move announced that it was parting ways with Solana. Since making that decision, the project refused to drop an update on the blockchain it would be working with and this created a great deal of confusion and uncertainty about the project’s future and potential.
Now, that apprehension has been allayed and participants’ confidence is boosted with this announcement.
TON is designed to be a high-performance blockchain that can handle large-scale transactions and applications. It has a native crypto token known as Toncoin. It is used by users to pay blockchain fees on TON and participate in governance decisions.
What to expect after the TON announcement?
Most TapSwap tappers, especially those onboarded to Web3 via the Notcoin wave would care less about the blockchain on which the project is built. All they did is tap their screen to dollars and you can’t blame them.
To this set of people, and all participants, the most important question now is – how will this affect its price and how much will the TapSwap coin be worth eventually?
Recall that we wrote earlier that TapSwap has bright prospects. With the launch on TON, TapSwap, with a larger community may surpass Notcoin’s success. Also, launching on the Solana blockchain would have been a novel idea. There is no tap-to-earn project on the chain yet.
