Telegram-based TapSwap Hits 17M Users, Inspired by Notcoin’s Success

TapSwap, a gamified Web3 application based on the Telegram messaging platform, announced Monday that it now has over 17 million active users. The latest milestone follows last week’s successful token launch of a similar project, Notcoin, which saw users claim as much as $100 in airdrops for playing a simple game on the Telegram App.

17 million players in TapSwap! 🚀🚀🚀

It’s unbelievable! 🥳 If before we asked you to invite your friends, relatives, and acquaintances, now we ask you to invite only the closest ones 😉.#TapSwap pic.twitter.com/4G4lGrtJc0

— tapswap (@tapswapai) May 20, 2024

What is TapSwap?

TapSwap brands itself as a way for users to “transform their taps into financial gains.” Basically, users only need to log into the Telegram app daily and tap a gamified interface on the platform to earn Tapcoins. The appeal is that users will eventually be able to sell their coins for value in the future when the project finally launches a token and secures a listing on major exchanges.

In the case of Notcoin, the project was listed on popular exchanges like Binance and OKX in the past week. Following Notcoin’s successful launch, many users have now migrated to Tapswap, with many more joining the platform based on the fear of missing out (FOMO) on further rewards.

Users initially have to accumulate at least 200,000 Tapswap coins, which they can use to buy the Tapswap bot. The bot, in turn, does the automated tapping for them, although users may also opt for manual tapping.

Over the weekend, TapSwap also became the biggest crypto community on Telegram, overtaking Notcoin in the process. Evidently, only time will reveal whether the project lives up to the hype and delivers the same result as its predecessor. In the meantime, users seem to be enjoying the experience and the potential to get rewards.

It is worth noting that, unlike Notcoin, which was built on TON Network, TapSwap utilizes the Solana blockchain. Hence, the influx of users to TapSwap could bring more users to Solana’s growing ecosystem, possibly impacting the price of SOL in the coming months.