Nigerian Crypto Enthusiasts Excited by New Telegram-Based Mining Project
Nigeria’s digital landscape is buzzing with excitement over a new cryptocurrency mining project accessible via Telegram, promising substantial financial returns akin to the recent success of Notcoin. This innovative project, TapSwap, allows participants to earn Tap tokens by interacting with a Telegram bot in a playful, game-like manner, simplifying the crypto mining process.
TapSwap, a crypto exchange built on the Solana blockchain, is known for its low transaction fees, high processing capacity, and features such as staking and margin trading. It’s quickly becoming a notable player in the decentralized finance (DeFi) sector by offering a secure, efficient platform for cryptocurrency exchanges.
The project has seen a surge in popularity in Nigeria, with millions participating in the mining process. TapSwap coin mining involves users tapping on the Telegram bot’s interface to accumulate points, ranking them based on their activity without the need for complex hardware or technical know-how.
Participants can earn more coins by climbing ranks in leagues, unlocking boosters, completing tasks, and inviting friends. The ultimate goal is to exchange these coins for Tap tokens on the Solana blockchain.
To start mining, users need to download the Telegram app, activate the Tapswap Telegram Bot through a provided link, and begin engaging with the bot. The process is designed to be a straightforward “tap-to-earn” model.
The Tap token, TapSwap’s native token, has a capped supply of 1 billion tokens. It serves as the platform’s transactional and governance currency. According to market data, the Tap token’s value fluctuates around NGN 1.57 to NGN 1.71 per XTP. Miners can exchange their earned coins for Tap tokens, which they can then sell or hold as an investment. The distribution strategy for Tap tokens allocates 50% to active community members, 30% to the treasury for further platform development, and the remainder to the team, advisors, and liquidity support.