- TapSwap plans to launch TAPS token on TON blockchain in January 2025 with airdrop for active users.
- Token holders will receive access to tournaments, staking rewards, and governance rights.
- Airdrop eligibility depends on player engagement and achievements in both basic and Tappy Town modes.
- Platform reports over 50 million global users since February launch.
- TON’s native token has gained 200% in past year, reaching $16 billion market cap.
TapSwap, a Telegram-based mobile application with over 50 million users, announced plans to launch its native TAPS token on The Open Network (TON) blockchain, scheduled for the second half of January 2025.
The platform, which started as a simple tap-based mobile application on Telegram, will distribute TAPS tokens through an airdrop mechanism based on user engagement metrics. Players who want to receive tokens must connect their digital wallets and demonstrate active participation in the platform’s activities.
Token Utility and Platform Evolution
TAPS token will serve multiple functions within the ecosystem:
- Tournament access rights
- Staking opportunities
- Governance participation
The platform expanded its features in August with Tappy Town, adding city-building elements to its core mechanics. A TapSwap representative told Decrypt that the platform is moving toward a skill-based model, distancing itself from traditional pay-to-win systems.
TON Ecosystem Growth
TapSwap joins other successful Telegram-based applications on TON, including Hamster Kombat and Notcoin. Notably, Notcoin’s token launch saw distribution of 80 billion tokens to over 35 million players, securing listings on major exchanges like Binance and OKX.
The Open Network, originally developed by Telegram founders Nikolai and Pavel Durov, operates as a layer-1 blockchain (a primary blockchain network that processes and validates transactions). After regulatory challenges led Telegram to step back in 2020, independent developers continued building the ecosystem.
Toncoin, the network’s native cryptocurrency, has demonstrated significant market performance, rising approximately 200% over the past year. This growth positioned TON as the 16th largest cryptocurrency by market capitalization, currently valued at over $16 billion according to CoinGecko data.
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