TapSwap, the favored Telegram tap-to-earn platform, has left gamers in limbo relating to the token technology occasion.
In a comparatively obscure X put up, the builders talked about they have been engaged on “numerous thrilling information and bulletins” however didn’t specify the airdrop’s date.
The newest assertion is notable as a result of TapSwap’s airdrop was initially scheduled for July. It was then postponed to “someday in Q3”, a interval that begins in July and ends in September.
In justifying the July delay, the builders defined that they have been engaged on the platform and holding talks with tier-1 exchanges in regards to the itemizing.
Consequently, there’s little likelihood that the builders will launch the airdrop as it’s urgently working towards the clock with time not in its favour.
The continuing airdrop delay mirrors that of Pi Community, the pioneering tap-to-earn platform that attracted over 30 million customers. Launched in 2018, miners have continued to build up tokens they can not convert into fiat currencies just like the US greenback.
Tapswap, which has over 70 million gamers, makes use of the identical enterprise mannequin as different mini apps like Notcoin and Hamster Kombat. Customers earn tokens by tapping a button on the app and finishing easy duties akin to watching YouTube movies and following its social media accounts.
These actions have made TapSwap’s social media accounts extremely fashionable amongst customers. Its YouTube channel has over 6.08 million subscribers, whereas its X account has 6.4 million followers.
Most tap-to-earn purposes observe a typical roadmap towards their airdrop. For instance, Hamster Kombat and Catizen initially partnered with exchanges like OKX, which provided pre-market futures buying and selling. TapSwap has not taken such steps or talked about the exchanges that may checklist its token.
A probable purpose for the delay is that the builders have seen the efficiency of the just lately launched Telegram cash. Notcoin (NOT) has dropped by over 70% from its all-time excessive whereas Catizen has erased most of its preliminary positive factors. Others like Pixelverse and Avecoin have additionally retreated.
On the identical time, the builders are believed to be incomes substantial sums from YouTube, the place their movies have garnered over 441 million views.
The important thing problem for tap-to-earn and play-to-earn platforms is rising their ecosystem after the airdrop. As with Axie Infinity and Decentraland, customers typically abandon the platform as soon as the token retreats.
