Popular Telegram tap-to-earn game TapSwap announced plans to launch its native token, TAPS, on The Open Network (TON) in the second half of January 2025. The launch will coincide with an airdrop of TAPS tokens to engaged players.
TAPS will serve as a crucial utility token within the TapSwap ecosystem, granting holders access to exclusive tournaments, staking rewards, and governance participation. The amount of TAPS airdropped to each player will be determined by their overall engagement within the game, including factors like gameplay frequency and achievements in the recently introduced "Tappy Town" city builder mode.
"We're thrilled to be launching TAPS on TON and rewarding our dedicated community with this airdrop," said a TapSwap representative. "This is a significant step in TapSwap's evolution from a simple tap-to-earn game to a skill-based platform with competitive tournaments and exciting new features."
TapSwap has experienced rapid growth since its launch in February, attracting over 50 million users globally. The game's transition to a skill-based platform aims to move away from traditional pay-to-win models, fostering a more engaging and rewarding experience for players.
This announcement comes amidst a surge in Telegram gaming activity and growing adoption of The Open Network. Popular games like Hamster Kombat and Notcoin have seen significant success on the platform, attracting millions of players and demonstrating the potential for blockchain-based gaming within the Telegram ecosystem.
The Open Network, a layer-1 blockchain originally developed by Telegram founders, has witnessed substantial growth in recent months. Its native token, Toncoin (TON), has surged nearly 200% in the past year, pushing its market capitalization to over $16 billion. This impressive growth has solidified TON's position as the 16th-largest cryptocurrency by market capitalization.
The TapSwap TAPS token launch and airdrop are expected to further enhance the game's appeal and contribute to the continued growth of the Telegram and TON ecosystems.
December 2024, Cryptoniteuae