The Tap Project AMA Summary with Decentralized Club ✔️
On the 26th of April, 2021 at 16:00 UTC, Decentralized Club had the honor of hosting Haniff and
Hugh, Co-Founders from the Tap Project Team for an Ask-Me-Anything session on their
Telegram page with a community of over 30,000 people. It was hosted by DC Community
The session was divided into four segments. Introductions were made in Segment 1, questions
from the Twitter and website community were answered in Segment 2 and 3 respectively, and
live questions from the community members in attendance were answered in Segment 4.
If you missed this event and would like to know what Tap Project is all about, you can find a
recap of the interview here. Note that slight edits have been made for clarity.
Segment 1 — Introduction
Welcome Haniff and Hugh, we’re glad you’re here with us!
Thank you! It’s great to be here with you and your great community!
Good Morning Chris and the Decentralized Club community! Great to be here!
Perfect, we’ll start now our AMA session!
Let’s begin with an introduction question.
Q1. Can you introduce us to the entire founding team briefly and let us know how the idea of
this project is different when we have so many gaming-focused blockchain projects?
For sure! My name is Haniff Knight, one of the co-founders of the Tap Project. I’m based out of
Vancouver, Canada. I’m a huge gamer with a background in communications and Technology.
Gaming brought me into the smart contract space and to create what we know today as the Tap
Project, to make something REALLY cool in the gaming space! Once @HughTheTapProject
introduces himself, we can go over what makes us different:)
Hi Everyone, My name is Hugh Knight, I am also one of the co-founders of the Tap Project. My
primary focus is based day the development of Dapps, Apps. Fluent in many development
just to name a few. A great believer in blockchain and the gaming space and uniting them to
create something special.
Simply, the Tap Project is a blockchain platform that provides gamers and developers with
options when it comes to virtual currencies. Simply, gamers can earn cryptocurrency from the
games they play. Our mission is to allow gamers to also have an opportunity to import that
currency from game to game.
Great background both of you have a great experience to be able to conclude TAP project😃
Yeah. That’s a good concept.
Where we see ourselves differently is we really focus on bridging the gap between traditional
games using blockchain technology. Most of the competitors in the space are heavily relying on
blockchain frameworks and developers to create specific blockchain games. We believe that
true mainstream adoption will occur when people aren’t able to see the blockchain technology
behind the scenes but play the games they already do and be able to use blockchain concepts.
With Tapcoin we make it as easy as possible, enabling you to save not only your time but your
money as well.
It’s just like, “play while you earn”
In regards to the features of the project, let’s have this question:
Q2. What exciting features does the Tap Coin project offer that will intrigue gamers?
Ya, we have some great features and I’ll just list them simply here!
play and earn Cryptocurrency from top steam games on the Tap platform from CyberPunk
2077, Fall Guys, The Witcher, Apex Legends, Star wars Squadron, Phoenix Point, Rust,
Rocket League, PuBG, Grand Theft Auto, Destiny 2, and more!
- Create specific in-game NFT’s from the achievements you earn, “NFT Gaming”
- The great NFT hunt — a multichain collectible hunt that is simply, collect them all and win it all!
Brings together many blockchains and NFTs all in one!
What we really believe intrigues gamers are connecting Traditional games that users play with
cool blockchain advantages! You should be able to play and not realize you’re using blockchain
Ok. Let’s go further,
Q3. From a pure investment point of view what will make people hold on to their $TTT tokens?
People should want to get into the TTT ecosystem for the following:
- TTT has real utility (you can play games earn it, use on for NFT packs (v3), import it into
games to get upgrades
- Deflationary, each transaction on the Tap Platform burns TTT (we have already burned over
50M TTT, over $200K!!)
- Last two weeks we have announced joining the Blockchain gaming alliance, and a partnership
with NEAR Protocol. There are many more to be announced partnerships/collaborations in the
future that we are announcing.
- Staking TTT also gives revenue from all platform transactions. And since we have received a
170% increase in platform transactions in the last 90 days this is continuing to grow
- Additionally in the near future, we have adopted Binance Smart Chain, will be launching v3,
have a big announcement coming up this week on a BSC partner, and have plans for a global
audience of TTT.
Nice! So this week would be the starting adoption of BSC of TAP token. Good news!
We have already completed our mainnet testing on BSC, and will only be allowing TTT on BSC
once we coordinate the plans with our BSC partner, it should be expected to be on BSC in the
next few weeks! 🔥
Q4. Do you have any substantial developments in the pipeline for the rest of the year?
This year is going to be another great year for us. Lots of development planned for this year,
some of which has already begun. We just recently launched NFTAnywhere
(https://www.nftanywhere.com/), which allows multi-chain connectivity of tokens as well as NFTs
on different blockchains. This means that Tapcoin can exist on multiple chains at the same time
and maintain a single circulating token. With that in mind, we are also migrating the platform to
the Binance Smart Chain. This also means we will be enhancing our platform to support more
than one blockchain and the Binance migration, and that’s just the start. We will also be doing
some heavy work when it comes to NFTs in the blockchain space and truly allowing them to be
Nice! You’re a good way for development.
That’s all for the introduction question
Let’s start the 2nd session begins with this question from Twitter:
Segment 2 — Twitter Questions
Twitter question no 1.
Don’t you think that adoption of $TTT is conditioned by an endorsement of big gaming
companies (either editors or online stores? & That without such an endorsement, tapcoin won’t
have a real use case?
One of the cool things is that TTT does not have to be adopted by Big gaming companies to
have a real use case. Big gaming companies often do not focus on new incentives and ideas to
make gaming better, and often are “late” to the party. TTT can simply have success through
gamers themselves. We have been able to onboard over 18,000 gamers thus far to our platform
(www.tapplatform.io). And this can drive to show big game developers that this sort of system is
We do know that partnerships are key though, and have already engaged with collaborations
and partnerships with many blockchain studios and blockchain games
Yeah. Well said!
Twitter question no 2.
what’s your current roadmap status? Is #Tap_platform successful in reaching all your roadmap
targets? Do give a brief of your roadmap update!
Good question, We recently released our 2021 Roadmap and outlined some key things that
would be happening throughout the year
We advised of the following key events:
- Q2/Q3: The Great NFT Hunt
- Q4: Tap Platform UI Change
- Q2: Tap Project website update
- Q3: NFT Portal Release
- Q3: BSC Cross-chain protocol
When we released this roadmap we wanted to describe it more as a checklist. And stated that
any of these items would have the ability to move up and down depending on where they were
throughout the year. For example, a new UI and BSC integration was slated for Q3/Q4 but we
have pushed those items earlier and will be completing them by the end of Q2 for the launch on
Binance smart chain. As a matter of fact, all these items will be completed ahead of time by the
end of Q2. This puts us in a great position for taking advantage of some really cool and exciting
things happening within the space.
🔥💎So by the end of Q2, we are working towards the following new platform update, BSC
integration, DEX listing, CEX listing, New Season of Steam games, and the start of the Great
NFT Hunt. It’s packed!
Last question for Twitter
Twitter question no 3.
how can users earn NFT on TAP and what is your NFT scarcity?
In V3, users will be able to earn NFT’s from playing games! They can mint new NFT’s from the
in-game achievements they unlock. They can also open Great NFT Hunt packs for more NFT’s!
Since we are making all our NFT’s cross-chain they will have the same supply throughout both
ETH and BSC. So for example, if there are 10 NFT’s (across both ETH and BSC) to earn from a
game on our platform. The supply is total across both blockchains therefore if a few are earned
on Ethereum then there are fewer on BSC.
Furthermore, those NFT’s can be dismantled by users (burned) which means the total supply on
either chain is reduced forever. Dismantling NFT’s will provide enough gold to create a new NFT
pack that can be sold, traded, or burned as well. This always encourages scarcity of rare NFT’s
and assists the blockchain ecosystem by burning non-important ones.
One last thing to note, with the great NFT Hunt, the prize pool will start at $10,000 and go down
the longer it takes for users to collect NFT’s! So NFT’s there will be harder to collect as it’s
connected to the prize pool, users may not trade theirs since they have a chance to win!
Heres one of the NFT’s that was named in the “ Name that NFT event”
Great answers from you Haniff!
Nice! Take a look, guys:)
We’re now moving to the 3rd segment with this first question from the website …
Segment 3 — Website Questions
Website question no 1.
Hy sir, I always ask this but it has never been answered, my question is don’t you intend to
register TTT on another exchange maybe MXC, KUCOIN, or KRAKEN because Tap Platform
dApp presents a portal for NFT, buying on ETH, and selling on BSC and many other chains to
come this is the # 1 technology and the only one I think you can partner with some big NFT
projects like Sand, Mana, Ax, etc. at least before NFT Anywhere you have to get a new Cex ??
Telegram Username: @Pemburu5
We do have plans to allow Tapcoin(TTT) to be accessible to a wider audience and a good way
to do that is through listings. Our coin itself presents a lot of use cases and being able to
showcase this to not only the crypto audience but a large audience of people who use
exchanges is also important for us. Being a legitimate business in this industry, we can’t say
exactly, but the truth of the matter is, listings are important to have our coin spread to a wider
audience, and we are speaking to people ☺️!
As for SAND, Axie, MANA, etc. We have already had some talks with some large blockchain
studios and some of which will be participating in the great NFT Hunt. We will be announcing
the exact collaborators for the Great NFT Hunt in the next bit, but our goal is to have all these
large studios within the TTT ecosystem!
Yeah. Listing is one of the trusts of the community and community is a vital part of the project.
ya, it’s hard because we cannot say exactly, since we cannot speculate. But we do understand it
is important and have reached out to different listers discussing the Tapcoin
Website question no 2.
you said Tap Platform V3 will change the way we play! They have the ability to create unique
positions in an asset at any given time.
Can you tell us about the Tap Platform V3? How does it work?
Telegram Username: @uci000
For V3, we introduce some new concepts around cross-blockchain NFT Gaming. Firstly, you will
be able to play, earn, and convert game currencies across both Ethereum and Binance smart
Secondly, you will be able to connect and verify their steam accounts to have access to convert
their in-game achievements to tapcoins and NFT’s on BSC. For example, if you unlock really
hard achievements, you’ll be able to now mint that to an NFT to sell, trade or showcase.
Additionally, we will be introducing new ways to stake on V3 with unique position NFTs that
provide certain rewards within the platform.
meaning if you had a staking NFT Egg, you would have to provide TTT to it for it to grow :)
A lot of cool concepts!
Very well said!
In short, you added NFT in V3
We have always had NFT’s in our platform through the Tapkey, but additionally, we added NFT
gaming, so the NFT’s can directly be minted from the games you play ☺️
Website question no 3.
Can you talk about the Tap project’s “Proof of Mastery Protocol and how it works.. and what
other features together with this protocol allow the Tap Project to tag itself as The most
innovative blockchain gaming platform on the Ethereum Network! despite the availability of
Great and innovative gaming projects and platforms on the Ethereum network Such as Sandbox
Telegram Username: @Jonahapagu
Great question. When we designed a proof of mastery, we wanted to stay within the gaming
theme and like most gamers the more and more you play a particular game the more and more
advanced you get and the more you earn and so we designed a protocol into the platform that
takes this into account, the more task, achievements, things you do within a supported game as
well as on the platform the more you are rewarded for it with badges, NFTs, tokens, etc.
The reason that we can tag ourselves as innovative is due to the fact that we are always
thinking about the blockchain space as a unit and not just as single chains or single projects. So
for example, the ability to maintain a single cross-chain currency is something that other projects
are not doing. The ability to move your NFT’s across multiple chains and still maintain their
metadata so that they are still fully functional is also something we do that other projects just
haven’t started doing yet. The ability to connect your steam account and tie it into the blockchain
is another feature. Those are just some examples.
Nice. You make a difference with other projects. That’s what we call success!
We’re all reached up to the 3rd Segment.
@HaniffTheTapProject you ready for the live questions?
I’ll open the chat in 30secs get your questions Prepare.
— -Chat was then opened for the live community to send in their questions — -
Segment 4 — Live Questions
Okay. Great One!
@HaniffTheTapProject and @HughTheTapProject you have now the time to answer
4 winners will be selected
Awesome thank you! A lot of questions! We will answer 4 of them from the questions above :)
With marketing, everyone will know the potential that can be generated in your project. What is
your strategy for marketing your project? What is your strategy for attracting new users and
Investors to your Platform and maintaining it in the long term?
[Haniff] Marketing is super important! We have engaged with the following and implemented this
Social media outreach:
- Twitter, Youtube Influencers: Over the next few months we will be reaching out to over 250
Influencers EACH MONTH! This ranges from Twitter marketers, and Youtube gaming
Content creation, We have expert Content Creators that will be generating Tapcoin content
making sure we have written about it daily in articles, blogs, and press releases!
- We have Video interviews upcoming, AMAs giveaways planned to increase our community
- Partnership Marketing, we have an upcoming BSC partnership marketing campaign that will
launch us into BSC, along with BSC DEX listing and CEX listing/Marketing as well! Sales and
marketing are KEY for us going forward!
[@jarretframi] To meet the requirements of asset security scalability privacy and other
characteristics how will Tapcoin do? Can we expect to see a combination of Layer 1 and Lay 2
technologies on Tapcoin?
Good question. In order to maintain the items you’ve listed, we go through a rigorous QA
process for all our technologies, as well as ensuring that we keep with the industry’s best
practices. We also use technology that is ahead of its time when it comes to adoption, but that
has massive staying potential and that allows us to scale better when the time comes. Since the
start of Tapcoin, we’ve always implemented both Layer 1 and layer 2 in our platform, to ensure
we get the best out of the platform.
Your foundation idea is very new, so it takes a lot of formula and takes a long time to develop.
This must have a tricky point for you? Do you agree that the strength of the community will lead
your project to grow globally?
Yes, there were some challenges at the start with being very new and being the ones to lead the
charge. A lot of what we are doing and what we have done has never been done before so we
had to be creative in our thinking on how to make these things work together. The support of the
community goes a long way to keeping the project vibrant and keeping it healthy.
Does Tapcoin S have any Coin Burn / BuyBack systems or any Token Burn plans to increase
the value of tokens and attract investors to participate in investments?
The Tapcoin has a platform transactional burn placed within it. So every transaction on the Tap
platform burns TTT. Since the last couple of months, we have already burned over 50M TTT
which is valued at $200K. Each time a transaction occurs, TTT is provided as revenue to those
who stake TTT on our platform!
So two things happen, burn of the supply and revenue passed to stakers!
As we adopt Binance Smart Chain (BSC) we anticipate a large influx of users and transactions
which = more burning and more revenue for stakers!
That should be four questions answered ☺️
That concludes our AMA with the TAP project!
Okay Haniff and Hugh, do you have the last word before you leave
Thanks for the time it was great speaking to your community!
Also, keep your eyes peeled to our telegram and social media on a big announcement this
Be sure to check out the following links »
Tap Platform Platform: www.tapplatform.io
Telegram : https://t.me/tapcoin
Telegram Updates: https://t.me/tapcoinupdates
Twitter Accounts: https://twitter.com/tap_coin?lang=en
Medium Blog: https://tap-coin.medium.com/
Thanks! Have a good day!