The decision of TapSwap to postpone the token release and airdrop highlights a strategic approach. The delay faced by TapSwap is not an isolated event, but rather reflects a broader trend in the blockchain industry.
TapSwap, a well-known click game on Telegram, announced the postponement of the highly anticipated token, which is now rescheduled for the third quarter of 2024.
Additionally, the project’s airdrop, which involves distributing cryptocurrency to user wallets for free, will also be carried out alongside the token release.
In early May, the TapSwap team announced that TapSwap Pools was set to launch on May 30th. However, they recently revealed that the launch will be delayed to July 1st due to a large number of bots attempting to rent airdrop spots.
TapSwap provided the reasons for the delay. To further justify the delay, the company stated on X (formerly known as Twitter), “Recently, Tapswap has attracted a lot of attention, especially regarding listing on tier-one exchanges, significant drops, and so on. And… this attention has not only attracted scammers, but also leaders in the web3 industry.” They further elaborated, “This level of attention requires more detailed work in tokenomics and the right release strategy. This means extra time is needed.”
The community is disappointed with the changes to the plan. This marks the second time that the TapSwap team has delayed the token release, this time without providing a specific new date. It is also worth noting that X user – Crypto with Khan pointed out, “However, not everyone is on the same page as @HommiesDry emphasized, “Take it slow. Don’t rush, do your best, come up with a top-notch project. I support you. Every good thing takes time to build. Cryptocurrency is not a get-rich-quick scheme. Anyone not happy should delete their telegram bots, then leave.”
Needless to say, aside from various executives, TapSwap also assured users that this delay will ultimately benefit them “genuinely.”
Token release delays are not uncommon. Recently, Hamster Kombat (HMTR), Notcoin (NOT), and Ethereum (ETH) Layer 2 network Blast have also faced similar issues.
Therefore, although the delays have prompted different reactions within the community, they reflect a strategic response to ensure a strong and secure launch.