Tapswap Prepares for Token Generation Event Amid Concerns Over Post-Airdrop Price
Tapswap, a popular tap-to-earn platform on Telegram, is gearing up for its long-awaited token generation event (TGE). The TGE, scheduled for Valentine’s Day, will allow users to claim their TAPS tokens and participate in the platform’s ecosystem.
Staking Platform and Skill-Based Game to Enhance User Engagement
To support the network and provide users with a way to earn passive income, Tapswap’s developers are launching a staking platform. This feature will enable TAPS token holders to stake their tokens and earn rewards. Additionally, a new skill-based game is in the works, which will allow users to earn rewards while engaging with the platform.
Tips for Tapswap users:
- Participate in the staking platform to earn passive income.
- Engage with the skill-based game to earn rewards and enhance user experience.
- Monitor the TAPS token price and adjust your investment strategy accordingly.
Lessons Learned from Other Tap-to-Earn Networks
Tapswap aims to avoid the mistakes made by other tap-to-earn networks, such as Hamster Kombat, Catizen, and Notcoin. These tokens have experienced significant price drops and lost millions of users. According to historical data, these tokens have dropped by over 70% from their airdrop highs.
“The key to retaining users is to develop a simple skills-based learning game where TAPS holders can continue participating.”
Potential Price Movement After the Airdrop
While it’s too early to predict the TAPS price movement after the airdrop, several indicators suggest that the token could decline. Historical trends show that most “to earn” tokens lose value over time, and many Tapswap holders are frustrated by the repeated airdrop delays.
Factors that could influence the TAPS price:
- Historical trends of “to earn” tokens losing value over time.
- Repeated airdrop delays, which may lead to holder frustration and sell-offs.
- Telegram-based tokens’ tendency to drop sharply after their airdrops.
Stay up-to-date with the latest cryptocurrency news and analysis on Global Crypto News. Explore more news and insights to inform your investment decisions.