Tapswap: Crypto Expert Breaks Down What Would Actually Happen On May 30, Makes People Sad

Tapswap: Crypto Expert Breaks Down What Would Actually Happen On May 30, Makes People Sad

  • As Tapswap miners look forward to profiting from their mined Tap tokens on May 30, a crypto expert has explained what could possibly happen on the said date
  • Following the success of Notcoin, the popularity of the crypto project, Tapswap, skyrocketed, especially among Nigerians
  • Obani Ebenezer Nwokoma, a crypto expert, explained what launch pool implies in a chat with Legit.ng

A crypto enthusiast, Omobare Daniel, got people on their nerves with his assertion that May 30 is not the date for Tapswap's listing of Tap tokens.

In a Facebook post, Daniel explained that miners would only receive Tap 'shares' and not Tap tokens as May 30 is only for the launch pool.

Crypto expert details Tapswap's real plan for May 30
May 30 is Tapswap's launch pool date. The image of a man used here is for illustration purpose and is unrelated to the story. Photo Credit: Tim Kitchen, Giants World Ministries
Source: UGC

While maintaining that one may be able to exchange Tap 'shares' for tokens after the launch pool, Daniel noted that there has been no announcement regarding the listing of Tapswap's tokens.

Read also

Tapswap: Pastor releases intriguing prophecy about trending cryptos Nigerians are 'tapping'

When can one 'cash out' from Tapswap?

Daniel stated that one can only profit from Tapswap when listed and urged people to be prepared to prevent disappointment. Explaining the difference between listing and launch pool, he said:

"There is a difference between a Launch Pool and Listing.
"For example, $NOTCOIN was launched on January 1, 2024, and listed on May 16, 2024, which was a four-month gap between launch and listing.
"Ensure you understand the timeline so you don't get upset if there's a delay in the listing."

Crypto expert explains Tapswap launch pool

When quizzed about what would actually happen on May 30, crypto expert Obani Ebenezer Nwokoma said it is the launch pool date.

"It's not the actual launch date I won't put much hope on that."

Read also

Tapswap: Man issues warning to Nigerians, says the Telegram crypto project will soon be banned

Explaining the launch pool, Ebenezer told Legit.ng:

"It's like a platform that gives farmers an opportunity to earn more by staking their coins."

Reactions trail man's update on Tapswap

Christian Gabriel said:

"Dey there dey talk nonsense."

Clin Ton said:

"Aw does it work I need the Link."

Olusola Sam said:

"That's the basic truth but some pple who don't understand will be saying sh.it.
"If den no launch this year self wetin una wan do."

Akpanwealth Abraham said:

" Na another surplus Dead body and fever dey come na this Thursday we just de watch."

Pastor drops intriguing prophecies on Tapswap, others

Meanwhile, YEN.com.gh previously reported that a pastor had released intriguing prophecies on crypto projects Tapswap, Yescoin and Hamster Kombat.

In a Facebook post, the founder of Giants World Ministries urged Nigerians to stop wasting their time mining Tap tokens.

Read also

UK-based man jubilates as cedis hits GH₵20 per British pound, netizens react

According to Prophet Emmanuel, he does not see Tapswap generating great value. The cleric recalled how he prophesied about the dollar almost exchanging at N2k and how Icecoin would pump and drop. He said Tapswap would also end up like Icecoin and predicted a fall and rise in the crypto market.

New feature: Сheck out news that is picked for YOU ➡️ click on “Recommended for you” and enjoy!

Source: Legit.ng

Berlinda Entsie avatar

Berlinda Entsie (Copy Editor) Berlinda Entsie is a Copy Editor at YEN.com.gh. She has worked as a proofreader and editor since 2016. Berlinda has over 5 years' experience editing and writing for leading publications in Ghana. She previously worked with Graphic Communications Group LTD, Business Insider SSA and Pulse.com.gh. She obtained a B.A in English Studies from the Methodist University College in 2016 and a Diploma in Broadcast Journalism from the GH Media School in 2019. Reach out to her via berlinda.entsie@yen.com.gh

Augustine Fenuku avatar

Augustine Fenuku Augustine Fenuku has over 5 years of experience in SMM and journalism and serves as the Entertainment Assistant at YEN. His academic qualifications include a Bachelor of Arts in Political Science from the University of Ghana, Legon. Augustine Fenuku has contributed his expertise to many brands. Email: augustine.fenuku@yen.com.gh

Online view pixel