The Nigerian internet space has been buzzing with excitement over a new Telegram-based crypto mining project, Tapswap, which promises significant financial returns similar to the recently successful Notcoin.
This project provides users with the opportunity to earn Tap tokens by engaging with the Tapswap Telegram bot in a fun and game-like manner, making crypto mining less technical and more enjoyable.
Tap-to-Earn:
Revolutionizing Crypto Mining
Tapswap offers a simplified and engaging approach to crypto mining.
According to its official Twitter account, TapSwap is a Solana-based crypto exchange known for its low fees, high throughput, and exciting features like staking and margin trading. Leveraging the Solana blockchain, Tapswap has created a fast, efficient, and secure platform for cryptocurrency exchange.
Growing Popularity in Nigeria
The project has rapidly gained popularity in Nigeria, with millions of Nigerians participating in the mining process.
Here’s a detailed look at how the Tapswap mining process works and how interested individuals can get involved.
Tapswap Coin Mining
Tapswap coin mining involves a series of activities that users engage in to earn tokens.
These tokens can be exchanged for Tapswap tokens on the Solana blockchain.
The mining process is straightforward:
users engage with the Tapswap Telegram bot by repeatedly tapping on its interface, accumulating score points that rank them based on their number of taps.
How It Works
Tap-to-Earn: Users mine coins by tapping the icon in the center of the screen of the Telegram Tapswap bot.
Leagues: Participants can climb the ranks, earning more coins and outperforming others in various leagues.
Boosters: Boosters can be unlocked, and tasks can be completed to maximize coin earnings.
Friends: Users can invite friends and receive bonuses, helping them climb the leagues for greater coin rewards.
Goal: The objective is to collect as many coins as possible and exchange them for Taps tokens on the Solana blockchain.
How to Start
Download the Telegram messaging app on your phone.
Click on this link to activate the Tapswap Telegram Bot.
Follow the instructions and start engaging with the Tapswap Telegram Bot by tapping your screen
Each tap earns a point, determining your level and ranking in the league of players.
Key Information
Taps Token: The native token of the TapSwap ecosystem, with a maximum supply of 1 billion tokens, is used for transactions and governance within the platform.
Current Value: According to Coinbase, Tap (XTP) is currently priced at NGN 1.57 per XTP. Coingecko reports that 1 Tap (XTP) is worth ₦1.71.
Token Distribution: The distribution strategy includes 50% of the tokens allocated to active community members, 30% to the treasury for platform development, and the remainder to the team, advisors, and liquidity support.
Legitimacy and Concerns
While Tapswap has gained substantial traction, its legitimacy has been questioned due to concerns about data collection practices and operational transparency.
Potential users are advised to conduct thorough research and exercise caution before fully engaging with the platform.
Conclusion
Tapswap’s innovative approach to crypto mining has captured the attention of many Nigerians, making it an exciting development in the cryptocurrency space.
Its user-friendly, tap-to-earn model has opened up new opportunities for those new to crypto, fostering greater participation and engagement.
