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Sujit Kumar
May 21, 2024

TapSwap Unveils Roadmap as TAPS Token Gains Momentum

TapSwap Unveils Roadmap
TapSwap has garnered significant attention following the recent launch of its TAPS token. Built on the Solana blockchain, TapSwap is a decentralized trading platform that offers mining, staking, and governance participation through its token.

TAPS Token Launch and Performance

Since its Initial Coin Offering (ICO), the TAPS token has seen a notable increase in value. Initially trading at around $0.0085 on May 8, TAPS has surged to approximately $0.0106, reflecting a growth of over 5%. The token experienced its highest daily increase on May 15, with a 9.52% rise. Despite its gains, TAPS has yet to be listed on major exchanges, though a community poll suggests Bybit might be the first to list it.

Phased Roadmap for Development

[embed]https://Twitter.com/tapswapfun/status/1784543459824525524[/embed]

TapSwap has laid out a comprehensive roadmap to ensure a smooth implementation of its platform features. The project is divided into three phases, each focusing on different aspects of development and community integration. The recent token launch was part of phase two, highlighting the platform’s commitment to progressive growth.

Tokenomics Breakdown

The TAPS tokenomics reveal a total supply of 1 billion tokens. Half of these, 500 million TAPS (50%), are allocated to active community members. Another 300 million TAPS (30%) are reserved for platform development, innovative projects, and marketing. The development team and founders will receive 100 million TAPS (10%), locked and released over four years to align with community interests. The remaining 10% supports advisory roles, marketing, and liquidity enhancement.

Community Engagement and Future Prospects

TapSwap aims to make token mining accessible to a broader audience through a user-friendly clicker game, enhancing the DeFi experience. The platform’s focus on decentralized finance (DeFi) applications and innovative token mining is designed to promote widespread participation. With 17 million players already engaged, TapSwap continues to build a strong community foundation.

As TapSwap progresses through its roadmap, the TAPS token's performance and community support suggest a promising future for this DeFi project.

Disclaimer: The views and opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
TapSwap Unveils Roadmap as TAPS Token Gains Momentum
Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.

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