The Nigerian online community is buzzing with excitement over a groundbreaking crypto mining venture operating on Telegram, reminiscent of the recent success of Notcoin.
This project offers participants the chance to earn Tap tokens through interactive engagement with the Tapswap Telegram bot, transforming crypto mining into an entertaining and gamified experience.
As stated on its official Twitter account, TapSwap is a Solana-powered cryptocurrency exchange boasting low fees, high throughput, and compelling functionalities such as staking and margin trading.
Tapswap emerges as a rapidly expanding project within the decentralized finance (DeFi) realm, harnessing the power of the Solana blockchain to establish a swift, reliable, and secure cryptocurrency exchange platform.
The project has garnered significant traction within the Nigerian landscape, attracting millions of participants to engage in the mining endeavor.
This surge in popularity prompts an exploration of the Tapswap mining process and offers insights into how individuals keen on involvement can participate effectively.
Exploring Tapswap Coin Mining
Tapswap coin mining encompasses a set of actions undertaken by users to qualify for earning tokens, which can subsequently be exchanged for Tapswap tokens on the Solana blockchain.
The mining process entails interacting with the Tapswap Telegram bot by repeatedly tapping on its interface, accruing score points that determine users’ rankings based on their tapping frequency.
This method of crypto mining stands out for its engaging and accessible nature, as it doesn’t require intricate hardware setups or specialized technical expertise.
How Tapswap Mining Works:
Tap-to-Earn: Users initiate coin mining by tapping the designated icon at the center of the Telegram Tapswap bot’s screen.
Leagues: Participants have the opportunity to ascend through various ranks, increasing their coin rewards and surpassing fellow miners in leagues.
Boosters: Unlockable boosters enable users to complete tasks that enhance their coin earnings to the fullest extent.
Friends: By inviting other users to join, individuals can earn bonuses, aiding their friends’ progression through leagues and consequently boosting their own coin rewards.
Objective: The primary goal is to amass as many coins as possible, subsequently exchanging them for Taps tokens on the Solana blockchain.
How to Earn From Tapswap Coin Mining:
1. Download the Telegram messaging app on your smartphone.
2. Click on this link to activate the Tapswap Telegram Bot.
3. Follow the prompts and begin interacting with the Tapswap Telegram Bot by tapping your screen.
4. Accumulate points with each tap to determine your level and ranking among other participants in the Tapswap community.
5. This process revolves solely around tapping to earn rewards.
Points to Understand:
The Taps token serves as the primary currency within the TapSwap ecosystem, capped at a total supply of 1 billion tokens. Its utility spans transactions and governance functions within the platform.
Current market prices for Tap (XTP) vary across platforms; Coinbase lists it at NGN 1.57 per XTP, while Coingecko values it at ₦1.71 per XTP. This variance underscores the dynamic nature of cryptocurrency markets.
Participants in the Tap to Earn Tapswap mining initiative have the opportunity to convert their earned coins into actual Tap tokens, which can then be traded or held for potential future value.
The distribution plan for the 1 billion Tap tokens allocates 50% to active community members, 30% to the treasury for platform development, and the remaining portion to the team, advisors, and liquidity support. This strategy aims to foster community engagement while supporting ongoing platform growth and stability.
