Following the success of Notcoin (NOT), Tap to Earn has rapidly emerged as a new trend in crypto, spurring the growth of many similar projects. How familiar are you with this trend? Join FMCPAY and find out more.
1. What is Tap to Earn?
Tap to Earn (or Click to Earn) is a new genre of cryptocurrency app where users earn in-app rewards by simply tapping on their phone screen to complete tasks. The reward then can be sold on various crypto exchanges, allowing you to literally tap to make money.
A Tap to Earn app can reward users for activities such as watching ads, referring new members, and other similar tasks. For example, Notcoin users can unlock new tiers of staking rewards with each new game level, thereby creating a broader gaming ecosystem. Additionally, some apps benefit by encouraging users to stake the app’s native token, which helps create buying pressure.
2. Why does Tap to Earn money app attract millions of users?
Notcoin, one of the first Tap to Earn apps, was honored to become the 54th project listed on the Binance Launchpool in May. Close behind, another major success called Hamster Kombat amassed over 200 million users by June. The game made headlines in Iran, where its popularity led government officials to accuse it of being part of a “soft war” orchestrated by the West.
So what’s driving the rapid explosion of these Tap to Earn games? Let’s take a closer look at its outstanding features:
Easy to Play
Tapping may seem simple, but Tap to Earn games make it engaging through smart reward systems. Each tap earns currency, points, or resources, which creates a continuous sense of progress and achievement. Games such as YesCoin and Hamster Kombat keep players involved by turning taps into valuable rewards and new features.
Progression systems with levels and leaderboards further enhance the sense of accomplishment, making repetitive actions feel meaningful.
Easy to Earn
The appeal of Tap2Earn games lies in their financial incentives. With low skill requirements and high earning potential, these games attract players seeking easy entry into cryptocurrency.
For instance, the Notcoin airdrop in May valued at around $1 billion. A person who received 10,000 tokens during the airdrop could see their earnings vary from $157.7 (current price) to $283.6 (peak price).
The Telegram community
All Tap to Earn apps share a common feature: they can be played directly on Telegram. With over 1.5 billion users and 900 million monthly active users, Telegram offers a fertile ground for all applications built on the TON coin blockchain, particularly Tap to Earn money apps.
3. Top Tap to Earn money app
Let’s discover the top Tap-to-Earn apps that are dominating the trend!
Notcoin
Released in the spring of 2024, Notcoin ignited the Telegram Tap to Earn trend by quickly attracting millions of users and introducing the most significant gaming token of the year, NOT. By paying players in NOT for interacting with content, Notcoin enables their partners to reach its extensive audience. The platform aims to evolve into what one co-creator has described as the “Netflix of social, viral games.”
Hamster Kombat
Hamster Kombat leverages the Tap to Earn foundation of Notcoin, adding a simple crypto exchange management simulator. Players can invest their earned HMSTR coins in upgrades to increase their passive income, thereby reinforcing the play-to-earn loop. Claiming over 200 million users, Hamster Kombat is preparing to launch its token on the TON network.
TapSwap
TapSwap stands out as one of the best Notcoin clones, closely replicating the original Tap to Earn model with a few modifications. Despite this, players remain optimistic, anticipating that the upcoming launch of its TON token will deliver earnings as significant as those from Notcoin.
Yes coin
Apart from others, Yescoin replaces Tap to Earn with Swipe to Earn. Users gather small pixel tokens and climb through leagues by swiping their fingers across the screen. The Yescoin Telegram community has amassed over 18 million global members, and its token is scheduled to launch on the TON blockchain.
Catizen
Catizen introduces a fresh concept by having players match cartoon cats on a puzzle board. This setup shifts away from just tapping coins, placing users in a “cat-themed casual gaming center on Telegram” that offers play-to-earn airdrops.
The upcoming launch of Catizen’s token on the TON network will be followed by a dynamic GameFi platform that includes new game NFTs, airdrops, staking, and revenue sharing.
4. Get started with Tap to Earn crypto app
Tap to Earn apps are very easy to access because they run directly on Telegram. Here are the steps to get started:
- Step 1: Join Telegram
Download the Telegram app and create an account.
- Step 2: Find the bot
Use Telegram’s search bar to find the app bots. You should visit the project’s official channels to find the correct bot name, as there may be many scam bots impersonating the official ones.
- Step 3: Start
After connecting with the bot, click on “Start.” Be sure to read the instructions to better understand the gameplay and earning methods.
- Step 4: Farm
Complete in-app daily tasks and events. Increase your rewards by utilizing any available upgrades or boosters. Earn additional bonuses by inviting friends through referral programs.
- Step 5: Follow
Join the game’s community or social channels for tips and the latest updates.
- Step 6: Cash out
When it becomes available, link your TON wallet to withdraw your profits. Exchange your Tap to Earn currency into cryptocurrency for other purposes.
6. What do crypto experts think about Tap to Earn
Financial expert and asset manager Alexander Ryabinin is skeptical about the future of Tap to Earn crypto apps. He argues that these projects are mainly marketing schemes, luring users with promises of easy earnings without investment. Ryabinin cautions that once internal tokens are sold off, these projects could collapse similarly to pyramid schemes.
Mike Lvov, PR and Communications Director at EMCD, agrees with Ryabinin, viewing these games as short-lived trends, akin to NFTs. Lvov is doubtful about their long-term viability and believes that Tap to Earn’s popularity will likely decline by the year’s end.
On the other hand, Alex Reinhardt, founder of Smart Blockchain, sees Tap to Earn as an innovative extension of the Play-to-Earn model. He highlights that these games attract users through their simplicity and low entry barriers. Reinhardt anticipates that new games will continue to emerge following Notcoin’s success, with their future depending on developers’ ability to offer valuable content and sustain token value.
Bitsgap CEO Maxim Kalmykov also finds this trend promising, noting that it draws users who are new to cryptocurrency. He believes that the future of crypto involves widespread adoption and integrating new users into the digital asset market.
7. Conclusion
The key question is whether these projects can provide long-term value and keep interest in their tokens alive. The future of Tap to Earn depends on multiple factors, such as marketing strategies and market conditions, yet they are undeniably capturing a lot of attention and experiencing ongoing growth.
Stay tuned to FMCPAY for the latest news and insights on the cryptocurrency world, and don’t forget to join our $DOGS OG Giveaway Frenzy to get a share of $3000 prize pool!