Post
Topic
Board Altcoin Discussion
Re: Just tap on your mobile and get rich! What is the main purpose?
by
Beparanf
on 23/06/2024, 16:10:45 UTC
When I open Instagram, I see many people promoting projects like Tapswap, Hamster, etc, and assuming that the audience is stupid by promising a great life and a lot of money. But there is a positive point here because regular people are learning a lot about digital currencies. In my opinion, users can only make a few hundred dollars from these bots, which isn't bad, but the reality should be made clear to people. Do you think it's really that easy to get rich with just a few taps?



Realistically speaking, there’s nothing to gain on this kind of project since the tap doesn’t provide profit to the project owner while user gets a coin as reward which the value derives whether someone will purchase it in the future.

The initial liquidity is provided by the VC which is milking the liquidity once retail is already onboard due to the hype. This kind of project doesn’t teach anything valuable since people waste their time tapping with the expectation of earning huge while in reality VC is just playing their game to attract retail to FOMO just to boost the token price.