A viral Telegram-based crypto-mining game, called Tapswap is trending across social media as Nigerians eagerly tap their phones to earn money.
This project allows users to mine Tap tokens through a fun and game-like interface.
Below are five things you need to know about the game:
Earning Tap Tokens
TapSwap coin mining enables users to earn Tap tokens by engaging with the TapSwap Telegram bot. Unlike traditional mining, which requires expensive hardware and technical know-how, TapSwap simplifies the process. Users can start mining by simply tapping an icon within the Telegram bot interface.
User-Friendly Mining
TapSwap offers a unique approach to crypto mining that doesn’t necessitate advanced technical skills or costly equipment. This accessibility has contributed to its widespread popularity, particularly among those new to cryptocurrency.
Social Features
The game leverages Telegram’s social capabilities, allowing players to compete against friends, share their scores, and challenge one another. This social interaction adds a layer of engagement and competition, enhancing the overall gaming experience.
Project Overview
According to its official Twitter account, TapSwap is a Solana-based crypto exchange known for its low fees, high throughput, and exciting features such as staking and margin trading. This robust foundation underpins the TapSwap mining game, offering users additional avenues for participation in the crypto ecosystem.
Popularity and Concerns
The project has gained significant traction in Nigeria, with lots of Nigerians participating in the mining process. However, the app’s legitimacy has been questioned, with concerns raised about its data collection practices and lack of operational transparency.
How it works
Tap-to-Earn: Users mine coins by tapping the corresponding icon in the centre of the screen of the Telegram Tapswap bot.
Leagues: Participants can climb the ranks, earning more coins and outperforming others in leagues.
Boosters: Boosters can be unlocked and tasks completed to maximize coin earnings.
Friends: Users can invite other users and receive bonuses, helping friends 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 the Tapswap Telegram Bot by tapping your screen.
You will gain a point with which tap will determine your level and ranking in the league of players by the number of taps you accumulate.
It is purely a tap-to-earn process.
What to know
The Taps token is the native token of the TapSwap ecosystem, with a maximum quantity of 1 billion tokens. It is used within the TapSwap platform for transactions and governance.
According to Coinbase, Tap (XTP) is currently priced at NGN 1.57 per XTP. Coingecko says that 1 Tap (XTP) is worth ₦1.71. Contributors to the Tap to Earn Tapswap mining project can exchange their earned coins for real Tap tokens which they could either sell or hold.
The distribution strategy of the 1 billion maximum quantity of Tap tokens includes an allocation of 50% to active community members, 30% to the treasury for platform development, and the remainder to the team, advisors, and liquidity support.
Yescoin is another Telegram-based crypto-mining game, that users can also earn from by tapping on the coins.
The Yescoin crypto-mining game has almost the same features as Tapswap.
Click this link to join Yescoin
