The crypto community is in turmoil after leaked internal documents from Click on Swapindicating a pioneering approach to the upcoming token distribution. According to these leaks, which have been circulating on social media, TapSwap is planning to allocate 100% of its tokens during the airdrop expected in Q3, a move that could redefine how airdrops are perceived in the Web3 space.
The news first broke when several prominent crypto influencers shared excerpts from leaked documents. The documents suggest that instead of the traditional tiered release of tokens over time, TapSwap may distribute the entire token allocation in one go. If confirmed, this would mean users could receive their full rewards without any vesting schedule — a significant departure from standard industry practice.
Influencers spark debate
The leak gained momentum when influencers tweeted about the potential 100% token distribution, sparking widespread discussion. Mercek (@WorldOfMercek) stated: “While some projects collect 80% of their deliveries, TapSwap empowers its community.” Following this, other influencers added their voices to the topic. “Users will be able to earn around $34 for just one activity per month → $170 for 5 months → $1020 for 5 activities. For seasoned miners, this may not be a lot of money, but for the mining crowd, this is a great opportunity, especially since there are five different activities to participate in,” Stacy Moore (@stacy_muur) tweeted. Davey Leo (@0xDefiLeo) echoed the sentiment: “They were surprised” [sic] “I didn’t expect anything new from Tapping Games. This leak seems close to the truth. Rumors don’t start out of nowhere.”
A shift in airdrop strategies?
Traditionally, crypto airdrops involve a gradual distribution, with tokens being issued over time to prevent market saturation and ensure long-term participation from the community. This method has been favored to preserve the value of the tokens and avoid sudden outflows that could lead to price volatility.
However, if TapSwap’s leaked plans are accurate, the project could chart a new course. A 100% token distribution would instantly reward the community and boost user engagement, as participants would receive their entire allocation in one go. This approach could also boost loyalty and trust, as users would not have to wait for their rewards to materialize over months or even years.
TapSwap’s Fair Airdrop Model
TapSwap has previously been vocal about its commitment to a fair airdrop model. Earlier this year, the project announced its intention to run a token generation event (TGE) in Q3 2024, emphasizing fairness and transparency in its distribution plans. The idea of a fair airdrop was initially well-received, with many community members anticipating a model that would reward active, long-term supporters of the platform.
But with these leaks, it seems that TapSwap may be taking its commitment to fairness a step further. By distributing 100% of tokens at once, the project could eliminate the uncertainty often associated with vesting schedules, thus providing a clearer and more immediate value proposition to its community.
CryptoGirlNova (@CryptoGirlNova) shared her thoughts on the matter, tweeting: “While other projects have shifted their focus to making lasting profits through advertising, casinos and bookmakers, long-term projects aim to improve business models. Again, this is not something innovative and some may think it is not worth doing. But for the clicker game audience (the new narrative that has been booming very recently) it is absolutely worth it.”
The way forward
As the crypto community awaits official confirmation from TapSwap, speculation continues to grow. The possibility of 100% token allocation in the upcoming airdrop has already sparked discussions on social media, with many wondering if this could set a new precedent for future airdrops. As Gokhan Gark (@GokhanGark) points out, “Tapswap is not using this huge community and ecosystem to grow silly projects. It is trying to create new business and revenue models to grow the ecosystem.”
While TapSwap has yet to make an official statement regarding the leaks, the possibility of an unprecedented token distribution strategy has already captured the imagination of the crypto world. Whether or not the leaks prove true, TapSwap’s approach to its Q3 token distribution will undoubtedly be one of the most closely watched events in the Web3 space this year.