When is tapswap launching

Answered at Sep 20, 2024

When is TapSwap Launching?

TapSwap, the popular Telegram-based cryptocurrency game, has faced several delays and changes regarding its launch date. As of September 20, 2024, there is still no definitive launch date announced, but here's what we know based on the available information:

Initial Launch Plans

TapSwap initially planned to launch on May 30, 2024, on the Solana blockchain. However, this date was postponed due to various factors:

  1. Bot Issues: The team discovered bots unfairly earning shares, compromising the integrity of the token distribution process.
  2. Blockchain Switch: TapSwap announced a shift from Solana to The Open Network (TON) blockchain in June 2024.
  3. Community Growth: The rapid expansion of the user base, reaching over 60 million players, necessitated changes to accommodate the larger community.

Subsequent Delays

After the initial postponement, TapSwap set a new launch date for July 1, 2024. However, this date also passed without a launch, leading to further uncertainty in the community.

Current Status

As of the latest updates, TapSwap has indicated that the launch is now targeted for Q3 2024, which extends through the end of September. Key points to note:

  1. Airdrop Timeline: The team has confirmed that the airdrop will occur in Q3 2024, with many users expecting it to happen in September.
  2. Token Generation Event (TGE): The exact date for the TGE is still undetermined but is expected to coincide with the airdrop.
  3. Exchange Discussions: TapSwap has reported being in active talks with "tier 1 exchanges" about the token launch, which may be influencing the timeline.

Factors Affecting the Launch Date

Several factors are contributing to the ongoing delays and uncertainty:

  1. Tokenomics Development: The team is taking additional time to refine the tokenomics, ensuring a sustainable and rewarding system post-launch.
  2. Fair Distribution: Efforts are being made to create a monitoring system to track user behavior and identify accounts that may need to be banned to ensure fair token allocation.
  3. Market Conditions: Like many projects in the crypto space, TapSwap is considering market conditions when planning its launch.
  4. Technical Preparations: The switch to the TON blockchain and the implementation of new features like "Tappy Town" may be impacting the launch timeline.

Community Expectations

Despite the delays, the TapSwap community remains active and engaged:

  • The game has become one of the largest crypto communities on Telegram, surpassing 60 million users.
  • Many players, especially in countries like Nigeria, are eagerly awaiting the launch to realize potential financial benefits from their participation.
  • The team continues to introduce new features, such as the "Tappy Town" interactive town-building element, to maintain user interest.

Conclusion

While the exact launch date for TapSwap remains uncertain, the project team has committed to a Q3 2024 timeline for the token launch and airdrop. The delays, while frustrating for some users, are being framed as necessary steps to ensure a fair, sustainable, and profitable launch for the community. As the end of Q3 approaches, TapSwap participants should stay tuned to official channels for the most up-to-date information on the launch date.

Given the project's significant user base and the team's ongoing developments, the crypto community will be watching closely to see if TapSwap can deliver on its promises and successfully launch before the end of September 2024. However, as with all cryptocurrency projects, potential participants should approach with caution and conduct thorough research before making any financial decisions.