In summary
- TapSwap will launch its TAPS token on TON along with its airdrop in January 2025.
- TAPS will offer access to tournaments, staking and governance in the TapSwap ecosystem.
- TapSwap has amassed 50 million users globally and is evolving into a skills-based platform.
Popular tap-to-earn game on Telegram, TapSwap, revealed that it will launch its TAPS token on The Open Network (TON) along with an airdrop of rewards for players in the second half of January 2025.
TAPS will become a critical resource in the TapSwap ecosystem, the developers said, granting holders access to tournaments, staking rewards and participation in governance.
Receipt of the TAPS airdrop will be determined by the player’s overall level of engagement within TapSwap—in other words, how frequently a player interacted within TapSwap or played the game. Users will need to connect their wallet to receive the airdrop.
What started as a tap-to-earn game on Telegram, in which users repeatedly tap a button on the screen to earn in-game coins, has since evolved. In August, the game added a city builder mode called “Tappy Town,” and achievements accumulated through that experience will also affect the chance of receiving a TAPS airdrop.
TapSwap is transitioning to a skills-based platform, offering competitive tournaments to players and “leaving traditional pay-to-win models behind,” a gaming representative told Decrypt.
The platform has amassed more than 50 million users globally since its launch in February.
Gaming on Telegram and participation in The Open Network has flourished this year, led by popular mini apps and games like Hamster Kombat and Notcoin, which famously distributed over 80 billion tokens to over 35 million players earlier this year. , obtaining listings on Binance and OKX in the process.
The Open Network is a layer 1 network created by Nikolai and Pavel Durov, the co-founders of the messaging app Telegram. While development began internally, the company abandoned the project in 2020 under regulatory scrutiny, leading to a community of third-party developers to continue building the ecosystem.
Its native token, Toncoin (TON), is up nearly 200% in the last year, bringing it to over $16 billion in market capitalization. This has made it the 16th largest crypto asset by market cap, according to CoinGecko.
Edited by Andrew Hayward
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