Tapswap Announces Major Change in Fresh Update Ahead of May 30, Gets Nigerians Worried
Legit.ng has learnt that Tapswap will not launch on the Solana blockchain as initially intended.
This was confirmed in a fresh release by Tapswap on Monday, May 27, via its verified X handle.
Tapswap to be launched on different blockchain Tapswap revealed its community has grown to 28 million members, a towering figure that beat their expectations and forced them to make significant changes ahead of the launch date.
While noting that the changes are all positive to accommodate the large Tapswap community, Tapswap maintained that it was necessary. However, Tapswap has yet to announce the new blockchain it will be launching.
"...Dear TapSwappers, "We are thrilled to announce that our community has grown to an incredible 28 million members! Your support and enthusiasm have exceeded even our highest expectations, prompting us to make significant changes to our project.
"These changes are all positive and necessary to accommodate our massive community. One of the major updates is that we will launch our token on a different blockchain instead of Solana.
"We will announce the name of the new blockchain shortly, and we promise it will be huge! Stay tuned for more exciting updates!" Tapswap wrote on X.
Crypto experts react to Tapswap update Reacting to the development on X, Tola Joseph Fadugbagbe, a crypto expert, expressed concern that the high gas fee would discourage people from claiming their airdrops if Tapswap decides to launch on Ethereum. He wrote:
"Breaking News!
"#TapSwap will launch on a different #Blockchain instead of #Solana.
"Imagine they decide to launch on #Ethereum? #Eth gas ⛽️ fee will discourage many from claiming their airdrop allocations ." Speaking with Legit.ng, Obani Ebenezer Nwokoma, a crypto expert, described Tapswap's update as a good development for most people and explained why. In his words: "It should be good news to most people because many are still finding it difficult to link the recommended wallet to Tapswap.