As technology advances, more new options for investing become available, and now users from all over the world are captivated by a new platform. TapSwap (TAPS) is a telegram-based crypto game that has transformed the way users can interact with digital assets and earn rewards. Combining simple gaming experience and the potential to earn cryptocurrencies, TapSwap has rapidly gained popularity in the crypto-gaming sphere. Now it is time to look more closely at what is TapSwap and why it is attracting so much attention.
What is TapSwap (TAPS)?
TapSwap is a Telegram mini app that is unique to play and let players earn TAPS coins thorough in-game activities. By the beginning of June 2024, the game has attracted more than 46 million users, showing high popularity and an interesting gameplay.
The game’s premise is refreshingly simple: TapSwap tokens are earned by the users based on tapping on a digital icon located within the Telegram bot application. This, along with the features such as daily bonuses and social elements, has put TapSwap as the largest crypto community on telegram. It has even out ranked the competition such as Notcoin, though it is behind Hamster Kombat.
The Rise of TapSwap in the Crypto Gaming Landscape
It can be said that the success of TapSwap can be explained by its simplification and democratization of cryptomining for users who have a smartphone. Since TapSwap has demystified the process of earning digital assets, a significant portion of the users who are new to the crypto sphere could engage in it.
The game is based on other games that are already popular on the platform, such as Hamster Kombat and Notcoin. TapSwap builds on this idea but goes even further to make it easier and more enjoyable to earn money with no prior experience needed.
Key Features That Set TapSwap Apart
1. Tap-to-Earn Model
The main draw of TapSwap is based on its one-and-only tap-to-earn mechanism. Players get TAPS coins when they tap on the screen and the more the taps made the more the TAPS coins they get. This simple action is supported by other tasks and activities that players can complete to earn more coins.
2. Daily Bonuses
In order to retain frequent players and encourage them to play more often, there are daily bonuses in TapSwap. These incentives compel players to log in frequently and complete tasks, thereby increasing the total number of coins and the number of players.
3. NFT Integration
TapSwap integrates Non-Fungible Tokens (NFTs) into gameplay. Every character in the game is an NFT asset and can be exchanged or sold in the marketplace. This integration provides additional value and ownership to the gaming experience as players will be able to own digital assets.
4. Market Simulation
The game mirrors the actual crypto market allowing people to have an insight of managing cryptocurrencies without risking real money. This feature can be considered as an educational resource, as the player can learn the principles of the market while playing an entertaining game.
5. Referral System
It has an effective system of referrals that allow the players to get rewards for inviting friends to the game. This not only keeps the player’s coin balance high but also makes them gain ranks faster which gives the game a competitive edge.
6. Customization
It is possible to customize a character with different clothes, items, and enhancements. This customization improves gameplay because it gives the players a chance to exoress their own styles and strategies.
7. Combat Mechanics
Making the game even more appealing, TapSwap features combat elements, often allowing players to fight in arenas containing various obstacles. These fast progressing battles bring the element of strategy and competition into the game.
How to Play TapSwap: A Step-by-Step Guide
TapSwap is easy to get started.
If you are not a member of Telegram, consider signing up for an account on the platform.
Open the Telegram app and look for the TapSwap bot.
Start the bot and then complete the steps that appear on the screen to connect your account.
Start tapping to gain TAPS coins.
Perform daily tasks and missions to earn extra rewards.
To increase your profits, you should use boosts strategically.
Get better assets to increase your potential of earning coins .
TapSwap Token Launch and Recent Developments
Previously planned for the 30th of May, 2024, the TapSwap token launch has been moved to the 1st of July, 2024. This has been caused by the realisation that bots were participating and accumulating shares in a manner that was fraudulent to the token distribution system. The extension also enables the TapSwap team to solve these problems and make proper distribution of the TAPS tokens.
Image source: TECHOPEDIA
In a notable development, TapSwap will not be developed on the Solana blockchain as the plan was before. Still, the developers have not provided information on which blockchain they will use in the game, thus creating suspense for the crypto audience.
Converting and Withdrawing TapSwap Tokens
TapSwap also provides the unique opportunity to exchange in-game currency for actual cryptocurrencies.
Amass a large enough number of TAPS coins through play.
Exchange the coins to TAPS tokens on the selected blockchain (more information coming soon).
Connect a suitable crypto wallet to your TapSwap profile.
Transfer the TAPS tokens to your linked wallet.
From there, you can decide to keep holding your TapSwap tokens or sell them on the supported exchanges.
The Future of TapSwap: Upcoming Features and Developments
The development team behind TapSwap intends to augment and further develop the platform and its ecosystem.
How does Swapping and Transfers Work?
It will be possible for users to exchange different cryptos and perform transactions within the TapSwap platform.
Staking
A staking feature will allow users to earn rewards by holding certain cryptocurrencies, supporting the network, and validating transactions.
Launchpad
TapSwap plans to host token sales for new projects, providing a platform for innovative ideas to raise funds and gain exposure.
Payments
The introduction of APIs will enable merchants to accept crypto payments making the platform useful apart from gaming.
Learning Center
An educational platform will cover the topic of blockchain and cryptocurrency, and the users will be incentivized by gifts for passing quizzes and completing tutorials.
TapSwap’s Market Position and Growth Potential
Having appeared relatively recently, TapSwap has already shown good results in the field of crypto gaming. Despite little promotion, it proved popular in Kenya, with over 2,500 registered users and a growing Telegram audience.
TapSwap plans to increase its reach globally with the full platform launch in late Q3 2024. It will include features like on-chain deposits and withdrawals, staking, and the learning center, which will increase user value and interaction during this launch.
One of the unique selling points of TapSwap is that the platform offers users a place to mine, stake, and also participate in governance decisions which makes TapSwap appealing in the world of DeFi. The concept of using simple controls for gameplay and receiving real cryptocurrency as incentives differentiates TapSwap from other mobile applications and games.
Conclusion
TapSwap is a new type of innovation that seems to combine mobile gaming and cryptocurrency. Making the earning of cryptocurrency as simple as possible and offering a fun, incentivized process, TapSwap could well bring countless new entrants into the crypto space.
Still, like any other new technology and any financial service, it is important for people to address TapSwap with reasonable expectations. However, potential players should do their research about the game and the underlying risks related to mining cryptocurrency for them to engage in the game.
As TapSwap builds upon its platform and develops more complementary features, it will be interesting to witness its impact on future developments of crypto gaming and the blockchain world. Regardless of your level of experience with cryptocurrencies, TapSwap has all the possibilities of becoming a fascinating world of digital bonuses for you.
FAQs
Q1: Is TapSwap free to play?Â
A: Yes, TapSwap is free to play.
Q2: Which blockchain is TapSwap built on?Â
A: TapSwap was initially planned to be built on Solana, but this has changed. The developers have not yet confirmed which blockchain the game will use.
Q3: Are there daily bonuses in TapSwap?Â
A: Yes, TapSwap offers daily bonuses to keep players engaged and boost their overall coin earnings.
Q4: Does TapSwap have a combat system?Â
A: Yes, TapSwap includes combat mechanics where players can engage in battles within dynamic arenas filled with obstacles.
Amit Gupta is a tech lover and an enthusiastic blogger who completed his B.Tech in Computer Science. An enthusiast of emerging technology and discoveries, he shares valuable views and tips on his blog from his personal experiences. Through his articles, he tries to simplify tech concepts and put readers in the position to take responsible decisions in the rapidly changing digital infrastructure world. Follow me on Facebook and linkedin.