Cryptocurrency

BREAKING: TapSwap Announces Token Generation Event (TGE) and Airdrop Launch on TON

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BREAKING: TapSwap Announces Token Generation Event (TGE) and Airdrop Launch on TON

The much-anticipated moment for TapSwap players has arrived! Popular Telegram-based tap-to-earn game TapSwap has revealed that its native token, TAPS, will launch on The Open Network (TON). The event will include an exciting airdrop for loyal players and is set to happen in January 2025, marking a significant milestone in the game’s evolution.

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What is TAPS?

TAPS will serve as a core asset within the TapSwap ecosystem, providing token holders with:

  1. Access to competitive tournaments: Players can compete for exciting prizes.
  2. Staking rewards: Passive income opportunities for holders.
  3. Governance rights: A chance to influence game decisions.

The TAPS airdrop will reward users based on their engagement levels within the game. Players with higher activity, such as consistent gameplay and interaction in the app, will have better chances of receiving tokens.

How to Qualify for the TAPS Airdrop

To participate in the airdrop, users must:

  • Connect their wallets: This ensures they can receive their rewards.
  • Stay active in the game: Engagement is key, with gameplay achievements, especially in the new Tappy Town mode, boosting eligibility.

From Tap-to-Earn to Skill-Based Gaming

TapSwap has grown significantly since its launch in February 2024. Initially a simple tap-to-earn game, it has now expanded into a more dynamic platform. In August 2024, the developers introduced Tappy Town, a city-building mode that allows players to:

  • Upgrade buildings.
  • Unlock rewards tied to in-game achievements.

This shift from basic mechanics to skill-based tournaments highlights TapSwap’s commitment to moving away from traditional pay-to-win models, offering a fair playing field for its global user base of over 50 million players.

The Open Network (TON): A Growing Ecosystem

TapSwap’s integration with The Open Network (TON) reflects TON’s growing role in blockchain gaming. TON, created by Telegram founders Nikolai and Pavel Durov, has rapidly gained momentum after transitioning to an independent developer ecosystem. Its native token, Toncoin (TON), has risen by 200% over the past year, reaching a market capitalization of $16 billion, making it the 16th-largest cryptocurrency globally.

Airdrop Benefits and Future Plans

The TAPS airdrop isn’t just a reward; it’s a stepping stone for players to participate in the larger TapSwap economy. With features like staking rewards and governance participation, TAPS holders will actively shape the future of the platform.

Additionally, TapSwap’s competitive tournaments aim to attract more skilled players, boosting the game’s reputation as a leader in Telegram gaming.

Conclusion

TapSwap’s announcement of its Token Generation Event (TGE) and airdrop marks a new chapter for both the game and The Open Network. With an ever-evolving ecosystem and innovative gameplay modes, players can look forward to an engaging and rewarding experience.

Stay tuned for updates as we approach the TAPS airdrop launch in January 2025.

Source: Decrypt

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