Guide
When Will Tapswap Be Launched?
Bisola Asolo
·
13 Jun 2024
TapSwap, a pioneering platform in the decentralised finance (DeFi) space, has garnered significant attention and anticipation with the upcoming launch of its native token, TAPS. Originally slated for May 30, 2024, the launch has been rescheduled to a new date. This decision underscores TapSwap’s commitment to ensuring a fair and transparent token distribution process, addressing concerns around bot activity that threatened the integrity of the launch.
In this guide, we'll take a look at the new launch date of TapSwap as well as some very important details you'll need before and after its launch.
Why the TapSwap Launch Delay?
The launch of the TAPS token is not just a milestone for TapSwap but a significant event for the broader DeFi community. The token is integral to TapSwap’s ecosystem, facilitating various functions such as governance, staking, and transaction fee payments. The revised launch date, aimed at mitigating unfair advantages by bots, is crucial for maintaining the trust and engagement of the community.
During the initial preparation phase for the TAPS token launch, the TapSwap team identified a critical issue: the presence of bots that were exploiting the system to accumulate tokens unfairly. These bots, programmed to execute trades and claims at a speed and scale unattainable by human participants, were poised to skew the token distribution process significantly.
This discovery raised concerns about the potential for an uneven distribution, which could undermine the credibility of the launch and the value of the TAPS token. As a result, the team has decided to take extra care in eliminating any bot activity.
Importance of a Fair Distribution
Ensuring a fair distribution of TAPS tokens is essential for severals reasons, including:
1. Equity for Participants: All legitimate participants, including individual investors and smaller stakeholders, deserve an equal opportunity to acquire TAPS tokens. This is a key priority of the TapSwap team, one they see as perfectly achievable.
2. Market Stability: A fair distribution helps in avoiding rapid price manipulations that could occur if a significant portion of the tokens were concentrated in the hands of a few automated entities.
3. Community Trust: Upholding transparency and fairness is crucial for maintaining trust within the TapSwap community and the wider DeFi ecosystem.
Decision to Postpone
The decision to delay the TapSwap launch was not made lightly. The team weighed the implications of proceeding with the original date against the need to ensure an equitable launch. Ultimately, the integrity of the process took precedence, leading to the postponement to July 1, 2024.
This additional time will indeed allow the team to implement robust measures to detect and ban malicious bots effectively while ensuring equity and transparency in the whole mining and trading activity.
New Launch Date: July 1, 2024
To address the bot issue, the TapSwap team is implementing several key measures:
1. Enhanced Verification Processes: Strengthening identity verification protocols to differentiate between human users and automated bots.
2. Anti-Bot Algorithms: Deploying advanced algorithms that can detect and prevent bot activity in real time, ensuring that only legitimate participants can engage with the token distribution.
3. Community Reporting: Establishing mechanisms for community members to report suspicious activities, thus crowd-sourcing the effort to maintain a fair launch environment.
With the new launch date set for July 1, 2024, the TapSwap team is focusing on several preparatory activities to ensure a smooth and successful launch. They aren't easy but their current major targets include:
1. System Enhancements: Upgrading the platform’s infrastructure to handle high traffic volumes and prevent potential technical issues on the launch day.
2. User Education: Providing detailed guides and FAQs to help users understand the new verification processes and how they can participate in the token launch effectively.
3. Community Engagement: Keeping the community informed and engaged through regular updates and interactive sessions, ensuring that all participants are prepared for the revised launch.
How To Buy TapSwap
In addition to the question of when will TapSwap be launched, is also "How can I buy TapSwap tokens?". With the token launch drawing ever closer, it's important to know this piece of information.
The fastest way to buy TapSwap when it's released is to use Super. As an innovative new payment solution, it's the safest way to go from Naira to purchase TapSwap tokens today.
To do, so all you have to do is follow the below steps:
1. Register With Super: Register an account on the Super platform.
2. Verification & Access: Once you've successfully registered, complete the verification steps which require very little time.
3. Exchange NGN <> USD: When confirmed, you’ll then be able to exchange Naira in your bank account for USD.
4. Withdraw your USD into USDC / USDT: You can then withdraw your USD into a stablecoin such as USDC / USDT into your centralised exchange account like Binance.
5. Buy Tapswap: At this stage, you can easily trade your USDT / USDC to get some TapSwap token.
Using Super to purchase TapSwap tokens has some real advantages, including:
1. Simplicity: Unlike many other platforms, Super has an interactive easy-to-use platform. This means virtually anybody can access and use the platform without much guidance.
2. NGN/USD Swap: Super is one of the few platforms that allows you to convert your NGN to USD easily.
3. Fiat/Crypto Swap: Super is one of the few platforms that allows you to convert your USD into other cryptocurrencies such as USDC / USDT.
4. Best Exchange Rates: Super provides the best exchange rates which means you keep more of your money at conversion
Impact on the Market
The announcement of the delay has had mixed reactions in the market. While some investors and stakeholders expressed disappointment over the postponement, the majority have acknowledged the importance of ensuring a fair launch.
Market analysts believe that the delay, coupled with the implementation of anti-bot measures, will enhance investor confidence and lead to a more stable and valuable token in the long run.
By setting a precedent for integrity and fairness, TapSwap could attract more users, leading to increased adoption and growth.
To stay updated on the latest developments regarding the TAPS token launch, users are encouraged to follow TapSwap’s official channels. These include the platform’s website, social media accounts, and community forums, where regular updates and announcements will be posted. Engaging with these channels will ensure that users are informed about the revised launch schedule, anti-bot measures, and other relevant information.
Conclusion
The question, when will TapSwap be launched hopefully is a lot clearer. Originally scheduled for May 30, 2024, and now set for July 1, 2024, highlights TapSwap’s commitment to fairness and integrity. The identification of bot activity necessitated this postponement to ensure an equitable distribution of tokens and maintain trust within the community. The revised launch date allows the TapSwap team to implement effective anti-bot measures and prepare for a successful and fair token launch.
TapSwap, a pioneering platform in the decentralised finance (DeFi) space, has garnered significant attention and anticipation with the upcoming launch of its native token, TAPS. Originally slated for May 30, 2024, the launch has been rescheduled to a new date. This decision underscores TapSwap’s commitment to ensuring a fair and transparent token distribution process, addressing concerns around bot activity that threatened the integrity of the launch.
In this guide, we'll take a look at the new launch date of TapSwap as well as some very important details you'll need before and after its launch.
Why the TapSwap Launch Delay?
The launch of the TAPS token is not just a milestone for TapSwap but a significant event for the broader DeFi community. The token is integral to TapSwap’s ecosystem, facilitating various functions such as governance, staking, and transaction fee payments. The revised launch date, aimed at mitigating unfair advantages by bots, is crucial for maintaining the trust and engagement of the community.
During the initial preparation phase for the TAPS token launch, the TapSwap team identified a critical issue: the presence of bots that were exploiting the system to accumulate tokens unfairly. These bots, programmed to execute trades and claims at a speed and scale unattainable by human participants, were poised to skew the token distribution process significantly.
This discovery raised concerns about the potential for an uneven distribution, which could undermine the credibility of the launch and the value of the TAPS token. As a result, the team has decided to take extra care in eliminating any bot activity.
Importance of a Fair Distribution
Ensuring a fair distribution of TAPS tokens is essential for severals reasons, including:
1. Equity for Participants: All legitimate participants, including individual investors and smaller stakeholders, deserve an equal opportunity to acquire TAPS tokens. This is a key priority of the TapSwap team, one they see as perfectly achievable.
2. Market Stability: A fair distribution helps in avoiding rapid price manipulations that could occur if a significant portion of the tokens were concentrated in the hands of a few automated entities.
3. Community Trust: Upholding transparency and fairness is crucial for maintaining trust within the TapSwap community and the wider DeFi ecosystem.
Decision to Postpone
The decision to delay the TapSwap launch was not made lightly. The team weighed the implications of proceeding with the original date against the need to ensure an equitable launch. Ultimately, the integrity of the process took precedence, leading to the postponement to July 1, 2024.
This additional time will indeed allow the team to implement robust measures to detect and ban malicious bots effectively while ensuring equity and transparency in the whole mining and trading activity.
New Launch Date: July 1, 2024
To address the bot issue, the TapSwap team is implementing several key measures:
1. Enhanced Verification Processes: Strengthening identity verification protocols to differentiate between human users and automated bots.
2. Anti-Bot Algorithms: Deploying advanced algorithms that can detect and prevent bot activity in real time, ensuring that only legitimate participants can engage with the token distribution.
3. Community Reporting: Establishing mechanisms for community members to report suspicious activities, thus crowd-sourcing the effort to maintain a fair launch environment.
With the new launch date set for July 1, 2024, the TapSwap team is focusing on several preparatory activities to ensure a smooth and successful launch. They aren't easy but their current major targets include:
1. System Enhancements: Upgrading the platform’s infrastructure to handle high traffic volumes and prevent potential technical issues on the launch day.
2. User Education: Providing detailed guides and FAQs to help users understand the new verification processes and how they can participate in the token launch effectively.
3. Community Engagement: Keeping the community informed and engaged through regular updates and interactive sessions, ensuring that all participants are prepared for the revised launch.
How To Buy TapSwap
In addition to the question of when will TapSwap be launched, is also "How can I buy TapSwap tokens?". With the token launch drawing ever closer, it's important to know this piece of information.
The fastest way to buy TapSwap when it's released is to use Super. As an innovative new payment solution, it's the safest way to go from Naira to purchase TapSwap tokens today.
To do, so all you have to do is follow the below steps:
1. Register With Super: Register an account on the Super platform.
2. Verification & Access: Once you've successfully registered, complete the verification steps which require very little time.
3. Exchange NGN <> USD: When confirmed, you’ll then be able to exchange Naira in your bank account for USD.
4. Withdraw your USD into USDC / USDT: You can then withdraw your USD into a stablecoin such as USDC / USDT into your centralised exchange account like Binance.
5. Buy Tapswap: At this stage, you can easily trade your USDT / USDC to get some TapSwap token.
Using Super to purchase TapSwap tokens has some real advantages, including:
1. Simplicity: Unlike many other platforms, Super has an interactive easy-to-use platform. This means virtually anybody can access and use the platform without much guidance.
2. NGN/USD Swap: Super is one of the few platforms that allows you to convert your NGN to USD easily.
3. Fiat/Crypto Swap: Super is one of the few platforms that allows you to convert your USD into other cryptocurrencies such as USDC / USDT.
4. Best Exchange Rates: Super provides the best exchange rates which means you keep more of your money at conversion
Impact on the Market
The announcement of the delay has had mixed reactions in the market. While some investors and stakeholders expressed disappointment over the postponement, the majority have acknowledged the importance of ensuring a fair launch.
Market analysts believe that the delay, coupled with the implementation of anti-bot measures, will enhance investor confidence and lead to a more stable and valuable token in the long run.
By setting a precedent for integrity and fairness, TapSwap could attract more users, leading to increased adoption and growth.
To stay updated on the latest developments regarding the TAPS token launch, users are encouraged to follow TapSwap’s official channels. These include the platform’s website, social media accounts, and community forums, where regular updates and announcements will be posted. Engaging with these channels will ensure that users are informed about the revised launch schedule, anti-bot measures, and other relevant information.
Conclusion
The question, when will TapSwap be launched hopefully is a lot clearer. Originally scheduled for May 30, 2024, and now set for July 1, 2024, highlights TapSwap’s commitment to fairness and integrity. The identification of bot activity necessitated this postponement to ensure an equitable distribution of tokens and maintain trust within the community. The revised launch date allows the TapSwap team to implement effective anti-bot measures and prepare for a successful and fair token launch.
TapSwap, a pioneering platform in the decentralised finance (DeFi) space, has garnered significant attention and anticipation with the upcoming launch of its native token, TAPS. Originally slated for May 30, 2024, the launch has been rescheduled to a new date. This decision underscores TapSwap’s commitment to ensuring a fair and transparent token distribution process, addressing concerns around bot activity that threatened the integrity of the launch.
In this guide, we'll take a look at the new launch date of TapSwap as well as some very important details you'll need before and after its launch.
Why the TapSwap Launch Delay?
The launch of the TAPS token is not just a milestone for TapSwap but a significant event for the broader DeFi community. The token is integral to TapSwap’s ecosystem, facilitating various functions such as governance, staking, and transaction fee payments. The revised launch date, aimed at mitigating unfair advantages by bots, is crucial for maintaining the trust and engagement of the community.
During the initial preparation phase for the TAPS token launch, the TapSwap team identified a critical issue: the presence of bots that were exploiting the system to accumulate tokens unfairly. These bots, programmed to execute trades and claims at a speed and scale unattainable by human participants, were poised to skew the token distribution process significantly.
This discovery raised concerns about the potential for an uneven distribution, which could undermine the credibility of the launch and the value of the TAPS token. As a result, the team has decided to take extra care in eliminating any bot activity.
Importance of a Fair Distribution
Ensuring a fair distribution of TAPS tokens is essential for severals reasons, including:
1. Equity for Participants: All legitimate participants, including individual investors and smaller stakeholders, deserve an equal opportunity to acquire TAPS tokens. This is a key priority of the TapSwap team, one they see as perfectly achievable.
2. Market Stability: A fair distribution helps in avoiding rapid price manipulations that could occur if a significant portion of the tokens were concentrated in the hands of a few automated entities.
3. Community Trust: Upholding transparency and fairness is crucial for maintaining trust within the TapSwap community and the wider DeFi ecosystem.
Decision to Postpone
The decision to delay the TapSwap launch was not made lightly. The team weighed the implications of proceeding with the original date against the need to ensure an equitable launch. Ultimately, the integrity of the process took precedence, leading to the postponement to July 1, 2024.
This additional time will indeed allow the team to implement robust measures to detect and ban malicious bots effectively while ensuring equity and transparency in the whole mining and trading activity.
New Launch Date: July 1, 2024
To address the bot issue, the TapSwap team is implementing several key measures:
1. Enhanced Verification Processes: Strengthening identity verification protocols to differentiate between human users and automated bots.
2. Anti-Bot Algorithms: Deploying advanced algorithms that can detect and prevent bot activity in real time, ensuring that only legitimate participants can engage with the token distribution.
3. Community Reporting: Establishing mechanisms for community members to report suspicious activities, thus crowd-sourcing the effort to maintain a fair launch environment.
With the new launch date set for July 1, 2024, the TapSwap team is focusing on several preparatory activities to ensure a smooth and successful launch. They aren't easy but their current major targets include:
1. System Enhancements: Upgrading the platform’s infrastructure to handle high traffic volumes and prevent potential technical issues on the launch day.
2. User Education: Providing detailed guides and FAQs to help users understand the new verification processes and how they can participate in the token launch effectively.
3. Community Engagement: Keeping the community informed and engaged through regular updates and interactive sessions, ensuring that all participants are prepared for the revised launch.
How To Buy TapSwap
In addition to the question of when will TapSwap be launched, is also "How can I buy TapSwap tokens?". With the token launch drawing ever closer, it's important to know this piece of information.
The fastest way to buy TapSwap when it's released is to use Super. As an innovative new payment solution, it's the safest way to go from Naira to purchase TapSwap tokens today.
To do, so all you have to do is follow the below steps:
1. Register With Super: Register an account on the Super platform.
2. Verification & Access: Once you've successfully registered, complete the verification steps which require very little time.
3. Exchange NGN <> USD: When confirmed, you’ll then be able to exchange Naira in your bank account for USD.
4. Withdraw your USD into USDC / USDT: You can then withdraw your USD into a stablecoin such as USDC / USDT into your centralised exchange account like Binance.
5. Buy Tapswap: At this stage, you can easily trade your USDT / USDC to get some TapSwap token.
Using Super to purchase TapSwap tokens has some real advantages, including:
1. Simplicity: Unlike many other platforms, Super has an interactive easy-to-use platform. This means virtually anybody can access and use the platform without much guidance.
2. NGN/USD Swap: Super is one of the few platforms that allows you to convert your NGN to USD easily.
3. Fiat/Crypto Swap: Super is one of the few platforms that allows you to convert your USD into other cryptocurrencies such as USDC / USDT.
4. Best Exchange Rates: Super provides the best exchange rates which means you keep more of your money at conversion
Impact on the Market
The announcement of the delay has had mixed reactions in the market. While some investors and stakeholders expressed disappointment over the postponement, the majority have acknowledged the importance of ensuring a fair launch.
Market analysts believe that the delay, coupled with the implementation of anti-bot measures, will enhance investor confidence and lead to a more stable and valuable token in the long run.
By setting a precedent for integrity and fairness, TapSwap could attract more users, leading to increased adoption and growth.
To stay updated on the latest developments regarding the TAPS token launch, users are encouraged to follow TapSwap’s official channels. These include the platform’s website, social media accounts, and community forums, where regular updates and announcements will be posted. Engaging with these channels will ensure that users are informed about the revised launch schedule, anti-bot measures, and other relevant information.
Conclusion
The question, when will TapSwap be launched hopefully is a lot clearer. Originally scheduled for May 30, 2024, and now set for July 1, 2024, highlights TapSwap’s commitment to fairness and integrity. The identification of bot activity necessitated this postponement to ensure an equitable distribution of tokens and maintain trust within the community. The revised launch date allows the TapSwap team to implement effective anti-bot measures and prepare for a successful and fair token launch.