"Is Tapswap a Scam?" Man Makes Vital Observation About Telegram Coin Mining App That Has Gone Viral

"Is Tapswap a Scam?" Man Makes Vital Observation About Telegram Coin Mining App That Has Gone Viral

  • A Nigerian man has asked questions concerning some interesting things he noticed on Tapswap
  • The man, who is a cryptocurrency analyst, asked to know if Tapswap is a scam because of some changes in the app
  • He shared a video drawing attention to the fact that Tapswap no longer claims to be powered by the Solana blockchain

A Nigerian man made an interesting observation about the viral Tapswap coin mining game.

In a video posted on TikTok, the man said the Tapswap app has undergone some disturbing changes.

Man points out things he observed about Tapswap.
The man said some changes have been made to the Tapswap coin. Photo credit: TikTok/@szymansk_i and X/Tapswap.
Source: UGC

The cryptocurrency analyst @szymansk_i said he saw new tasks on the Tapswap app that do not add up.

In the TikTok video, he clicked on one of the new tasks, and the link led him to a different Telegram channel which posts sports news.

Read also

Tapswap: Crypto geek shares 4 key reasons he won't invest in trending Telegram 'tapping' game

He also clicked on the second task link, which took him to another Telegram channel that shared news about Nigeria.

Is Tapswap a scam?

Based on his observation, the cryptocurrency analyst said the promoters of Tapswap were playing with people.

Another observation he made was that Tapswap no longer claims to be powered by the Solana blockchain.

He pointed out that Tapswap initially had "powered by Solana" written around the coin, but that has been changed. He said what is written on the coin now is "powered by community".

In reaction, another cryptocurrency analyst, Ekeson Egwuonwu, told Legit.ng that the changes may not mean Tapswap is a scam.

He stated:

"If you watch what Tapswap is doing, Tapswap seems to be raising money. He pointed out that Solana denounced Tapswap and said that they didn't know them, but I'm yet to verify the statement. Yes, there was a time when Tapswap said their coin was powered by Solana, but later, they removed it. They decided to use the community. The community is you and I. They are the people who are mining the coin. They changed from 'powered by Solana' to 'power by the community', which means the community they are talking about is you and I.

Read also

Tapswap: Man gives up, puts his account up for sale and shares total coins he mined on Telegram

"The news he pointed out, these people are just sponsors. They are sponsoring Tapswap. They are trying to establish their business through Tapswap because Tapswap has a customer base. I'm not trying to kick against his points, but the tendency of Tapswap not being a scam is higher than it being a scam. For me, Tapswap is not a scam."

Watch the video below:

Reactions to analyst's video about Tapswap

@Henrymass Tv said:

"Only Hamster looks legit for now."

@Christabel Kadiri said:

"If Tapswap fail us, many people will not believe in even the Hamster combat again."

@userlacy brown said:

"Una too the take things serious, how you take reach 7 billion and you still want them to launch?"

Man buys AC with money earned from Notcoin

Meanwhile, a Nigerian youth happily showcased the air conditioner he purchased thanks to earnings from Notcoin.

He posed with the AC and urged crypto enthusiasts to keep tapping to take advantage of Tapswap mining.

Read also

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

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.