Tapswap Company Postpones "Launch" Date, Set to Reward Honest Coin Miners Who Didn't Use Bots

Tapswap Company Postpones "Launch" Date, Set to Reward Honest Coin Miners Who Didn't Use Bots

  • After a long wait, the Tapswap team has announced its pool launch date, shifting it to July 1, 2024
  • Tapswap made the announcement on Wednesday, May 28, telling its coin miners to exercise patience until July 1
  • Tapswap also said the reason for the delay was that it was taking time to eliminate taps which were unjustly earned with bots

Tapswap, a viral crypto project, has finally announced the date when its pool launch will take place.

The cryptocurrency project has taken the internet by storm, with many Nigerians taking part in it.

Tapswap announces new pool launch date.
The pool launch date for Tapswap has been shifted to July 1. Photo credit: Getty Images/Hinterhaus Productions and Bloomberg and X/Tapswap. Man's photo used for illustration only.
Source: UGC

As many people hope to cash out from it, Tapswap says its pool launch will happen on July 1, 2024.

This was contained in an update shared on X by the Tapswap team, asking coin miners to exercise patience.

Read also

Tapswap launch date: Crypto expert explains differences between pool launch date and listing date

Why Tapswap launch date is delayed

According to Tapswap, the launch date was held back to enable the team to eliminate unjustly earned taps.

"We have an important update for you: the pool launch is being postponed until July 1st! The main reason for this delay is that we've uncovered many bots. That earned an unrealistic amount of Shares. To maintain justice in token distribution. We're taking measures to stop and ban these bots.
"Our top priority is ensuring fair allocation of TAPS and rewarding those who've earned them honestly. We appreciate your patience and understanding as we work to keep the integrity of our community."

Legit.ng spoke to Fidelis Ozuawala who said it confirmed his earlier assertion that miners using bots would be weeded out.

Read also

Notcoin: Young lady earns money from new crypto mining, hits 2.5 million coins on Tapswap

"Yes, this is great and welcome development, to weed out fake earners so that the rewards will be beneficial for those who really did the tasks. At this stage, Tapswap would do anything to profit its real users because their hype is truly one of a kind. Ordinarily, they would need more time to process their decision on the beneficial ecosystem to launch the token-- especially one offering them more backing and support."

Reactions as Tapswap postpones pool launch date

@Maliqifeoluwa said:

"So what should I tell my car dealer wey I don promise now?"

@daniels_osi said:

"Anything una dey do, sha lunch because... If you carry us play tete, sacrifice straight."

@cryptoquween said:

"July 1st? Not so bad. We will keep tapping and accumulating more points till then."

Lady joins Tapswap coin mining

Meanwhile, a Nigerian lady said she decided to start coin mining on Tapswap so that she would benefit if it paid participants.

Read also

Tapswap must pay: People spotted mining viral Telegram coin inside church, hoping to cash out

Ose Sweet said when Notcoin started, people rushed to mine coins on the app, but she refused to participate.

According to her, Notcoin later paid some people she knew, noting that someone made N368,000 from it.

Proofreading by Nkem Ikeke, journalist and copy editor at Legit.ng.

Source: Legit.ng

Israel Usulor avatar

Israel Usulor (Human-Interest editor) Israel Usulor is a journalist who has 9 years of experience. He worked at The Prime Newspaper and has published articles in TheCable Newspaper. Israel graduated with distinction from Fidei Polytechnic (Mass Commun, 2016). Israel has interviewed Zannah Mustapha, the man who helped negotiate the release of Chibok Girls, and Kunle Adeyanju, who rode a bike from London to Lagos. He covered exclusive stories on Chef Dami during her Guinness World Records cookathon. Email: israel.usulor@corp.legit.ng.

Online view pixel