What is Tapswap mining and how can one earn from it?

A buzz ignites the Nigerian internet as a new telegram-driven crypto mining venture emerges, echoing the success of Notcoin. This project, boasting yap tokens, transforms mining into a playful pursuit through the Tapswap Telegram bot. 

TapSwap, a Solana-based exchange, touts low fees, rapid transactions, and enticing features like staking and margin trading. 

Positioned within the decentralized finance realm, Tapswap harnesses the Solana blockchain for swift, secure cryptocurrency transactions. With millions of Nigerians diving into the mining fray, Tapswap gained significant traction. 

Delving into its mining process, we elucidate how eager participants can engage.

Tapswap Coin Mining  

Tapswap coin mining is a dynamic endeavor where users participate to earn tokens, which they can trade for Tapswap tokens on the Solana blockchain.

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The process entails interacting with the Tapswap Telegram bot, tapping its interface to accumulate score points, ranking users based on their tapping prowess. 

This innovative approach to crypto mining eliminates the need for costly hardware and technical expertise, making it accessible to a wider audience.

How To Start  

• Download the Telegram messaging app on your phone 
• Click on this link to activate the Tapswap Telegram Bot. 
• Follow the instructions and start engaging the Tapswap Telegram Bot by tapping your screen.
• You will gain a point with which tap will determine your level and ranking in the league of players by the number of taps you accumulate.
• It is purely a tap-to-earn process.  

How it works  

• Tap-to-Earn: Users mine coins by tapping the corresponding icon in the centre of the screen of the Telegram Tapswap bot.  
• Leagues: Participants can climb the ranks, earning more coins and outperforming others in leagues. 
• Boosters: Boosters can be unlocked and tasks completed to maximize coin earnings. 
• Friends: Users can invite other users and receive bonuses, helping friends climb the leagues for greater coin rewards. 
• Goal: The objective is to collect as many coins as possible and exchange them for Taps tokens on the Solana blockchain.  

What to know  

• The Taps token is the native token of the TapSwap ecosystem, with a maximum quantity of 1 billion tokens. It is used within the TapSwap platform for transactions and governance. 

• According to Coinbase, Tap (XTP) is currently priced at NGN 1.57 per XTP. Coingecko says that 1 Tap (XTP) is worth ₦1.71. Contributors to the Tap to Earn Tapswap mining project can exchange their earned coins for real Tap tokens which they could either sell or hold.  

• The distribution strategy of the 1 billion maximum quantity of Tap tokens includes an allocation of 50% to active community members, 30% to the treasury for platform development, and the remainder to the team, advisors, and liquidity support.