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Fear & Greed:
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Bitcoin:
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BTC Dominance:
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Market Cap:
$2.20 T

Tapswap Delays Airdrop to Combat Bot Attacks

Tapswap

Originally set for May 30, Tapswap postponed the airdrop until July 1 owing to an inflow of bots meant to farm airdrop points, according to a previous Decrypt story. The team claimed that it required more time to work on its approach; hence, the token-generating event has now been canceled.

The whole point is that you’ll actually benefit from this,” Tapswap posted on X. “There have been certain ‘inconveniences’ accompanying our triumph. This degree of focus calls for a much more thorough study of tokenomics and the appropriate launch plan. Extra time follows from this as well,” as stated, adding:

“Know that this is all to ensure that our launch in Q3 is fair and, more importantly, profitable for all of you who stand by us no matter whatever.”

Tapswap did not offer a certain date for the release of its token, TAPS, on The Open Network, or TON. It also omitted particular information about the eligibility criteria for the airdrop.

Started in February, the game pays gamers for touching the displays of their computers or phones. The level one has attained determines the rules and limits on the number of tokens one can tap each time. According to the developers, the game is played by around 50 million enthusiasts. Its success, according to it, has drawn tier 1 exchange partners as well as frauds.

Tapswap underlined at a recent Ask-Me-Anything session on X that “a significant portion of all tokens will be allocated to the community.” Once the tokenomics, a mix of the words “token” and “economics,” define the aspects that make a cryptocurrency valuable, people will be informed about the endeavor.

READ:  Toncoin Skyrockets into Top 10 Crypto Assets on Telegram Tech News

The project promised to be exact in its airdrop token distribution. Said to have established a monitoring system to track user behavior, “identifying accounts that deserve to be banned,” Tapswap also wants to provide “unscrupulous users the option to voluntarily surrender for a percentage of the drop, so ensuring a win/loss for all.”

“Although these cannot be revealed ahead of time to prevent abuse, we are developing clear rules for token distribution to ensure justice,” it said.

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