Tap Protocol logo

Tap Protocol (TAP)

Status
IEO

The TAP Protocol is designed to find and track Ordinals, facilitating OrdFi applications without complex Layer 2 chains. Introducing the TAP token standard, this protocol emphasizes simplicity and accessibility.

Funding Round: $4.2 Million

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Interest lvl
Medium
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User Rating
Low
2/5 4 votes
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Ticker
TAP
Type
Utility-token
Registration year2023
Launchpads
Ecosystems

What is Tap Protocol

Bitcoin Ordinals enable the Bitcoin network to be used as a platform that enables functionalities similar to Ethereum, allowing for the creation of NFTs, tokens, DeFi applications, and DApps. However, at the L1 level, there has been a lack of flexibility for computations. TAP Protocol addresses this issue by offering alternative methods to achieve similar outcomes on L1.

The TAP Protocol is a groundbreaking advancement for the Bitcoin network by supporting secure, accessible development and unlocking unprecedented programmability. This decentralized platform outshines competitors with its unique ability to build on Bitcoin, addressing the limitations of traditional Bitcoin transactions. TAP is not just a development tool—it is a movement towards innovative, decentralized applications.

Token Sale Dates

IEO

Start date: May 29, 2024
End date: Jun 05, 2024

Token Allocation

Total Token Supply 21,000,000 TAP
Total Tokens for Sale 1,575,000 TAP

Funding Details

Funds Raised (as of now) 4,200,000 USD

Restrictions

Residents of the following countries are prohibited from participating
Excluded participants include residents of the US (and its territories), Canada, China, and certain jurisdictions.

Token distribution


Private - 12.52%
Public Round - 7.50%
Airdrop - 6%
Exchange & Liquidity - 10%
OrFi & Staking (DeFi) - 15%
Team - 13.24%
Seed - 9.24%
Foundation - 22.50%
Advisor - 4%

Token Price and Payment Options

Token price USD 1 TAP = 3,57 USD
Accepted Currencies USDC, USDT

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