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WebsiteCoinlist Launchpad

Tap Protocol (TAP)

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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Overview

Project industryBlockchain Infrastructure / Bitcoin Ecosystem
Product typeProtocol

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.

Details

IEO (Coinlist Launchpad): May 29, 2024 - Jun 05, 2024
Token supply: 21,000,000 TAP
Total tokens for sale: 1,575,000 TAP
Raised: 4,200,000 USD

Legal

Country limitations: Excluded participants include residents of the US (and its territories), Canada, China, and certain jurisdictions.
Registration year: 2023

Token info

Ticker: TAP
Type: Utility-token
Token price in USD: 1 TAP = 3,57 USD
Accepted currencies: USDC, USDT
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%

Social media

Tap Protocol web-siteTap Protocol TelegramTap Protocol X (Twitter)Tap Protocol DiscordTap Protocol Github

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