{"id":39908,"date":"2024-10-21T09:08:54","date_gmt":"2024-10-21T09:08:54","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/tap-protocol-delays-tap-token-distribution-event\/"},"modified":"2024-10-21T09:08:54","modified_gmt":"2024-10-21T09:08:54","slug":"tap-protocol-delays-tap-token-distribution-event","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/tap-protocol-delays-tap-token-distribution-event\/","title":{"rendered":"Tap Protocol delays TAP token distribution event"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/05\/bitcoin-other-cryptocurrencies-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/05\/bitcoin-other-cryptocurrencies-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/05\/bitcoin-other-cryptocurrencies-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/05\/bitcoin-other-cryptocurrencies-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li><span style=\"font-weight: 400\">Tap Protocol has delayed its TAP token launch date from October 21, 2024 to October 23, 2024.<\/span><\/li>\n<li><span style=\"font-weight: 400\">TAP, with a total supply of 21 million, will go live on Bitcoin and Ethereum<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">Tap Protocol, a decentralized finance platform on <a href=\"https:\/\/coinjournal.net\/news\/tag\/bitcoin\/\">Bitcoin<\/a>, has announced that its anticipated token distribution will now occur on October 23, 2024.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The protocol has earlier announced the Token Generation Event (TGE) would be on Monday, October 21, 2024. However, it released an update early Monday noting that the TGE will now happen on Wednesday, October 23 at 12:00 UTC.<\/span><\/p>\n<h2>Why the Tap Protocol TGE delay?<\/h2>\n<p><span style=\"font-weight: 400\">According to the Bitcoin DeFi protocol, the postponement is meant to allow ecosystem partners such as bridges to be properly prepared for the potential surge in transactions.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cNobody likes delays, but unfortunately, we have to postpone our TGE to the 23rd of October at 12:00 UTC. While we understand the wait may be difficult, we want to ensure that our bridge and other products are in perfect condition to support the expected high volume of users,\u201d Tap Protocol <a href=\"https:\/\/x.com\/tap_protocol\/status\/1848246471587733616\" target=\"_blank\" rel=\"noopener\">posted on X<\/a>.<\/span><\/p>\n<p><span style=\"font-weight: 400\">TAP will be available on Bitcoin and Ethereum networks at launch, while the roadmap highlights token swap, marketplace and staking as key milestones.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud835\udc01\ud835\udc22\ud835\udc2d\ud835\udc1c\ud835\udc28\ud835\udc22\ud835\udc27 \ud835\udc0b\ud835\udfcf \ud83e\udd1d <a href=\"https:\/\/twitter.com\/search?q=%24TAP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$TAP<\/a> \ud83e\udd1d \ud835\udc04\ud835\udc2d\ud835\udc21\ud835\udc1e\ud835\udc2b\ud835\udc1e\ud835\udc2e\ud835\udc26 \ud835\udc0b\ud835\udfcf<\/p>\n<p>We&#8217;re incredibly excited to announce that <a href=\"https:\/\/twitter.com\/search?q=%24TAP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$TAP<\/a> will be available on both Bitcoin and Ethereum at TGE! \ud83d\udd25<\/p>\n<p>The supply of <a href=\"https:\/\/twitter.com\/search?q=%24TAP&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$TAP<\/a> will of course remain at 21 Million, as our revolutionary TAP&lt;&gt;Ethereum bridge ensures that a 1:1\u2026 <a href=\"https:\/\/t.co\/9f7Yrcyc7g\">pic.twitter.com\/9f7Yrcyc7g<\/a><\/p>\n<p>\u2014 Tap Protocol (@tap_protocol) <a href=\"https:\/\/twitter.com\/tap_protocol\/status\/1846900034614284498?ref_src=twsrc%5Etfw\">October 17, 2024<\/a><\/p>\n<\/blockquote>\n<p>Notable about Tap Protocol is that the TAP token will have a fixed supply of 21 million tokens. The project uses the Ordinals system, with the aim being to advance the BTC ecosystem\u2019s DeFi and dApps capabilities via various assets. It includes non-fungible tokens (NFTs).<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/tap-protocol-delays-tap-token-distribution-event\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Tap Protocol has delayed its TAP token launch date from October 21, 2024 to October 23, 2024. TAP, with a total supply of 21 million, will go live on Bitcoin and Ethereum Tap Protocol, a decentralized finance platform on Bitcoin, has [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":39909,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/39908"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=39908"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/39908\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/39909"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=39908"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=39908"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=39908"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}