Since the successful launch of Notcoin, the cryptocurrency world has seen a surge in similar tap to earn projects. These projects have significantly increased the user base of Telegram, the primary platform for these ventures.

How Does Tapping Your Screen Generate Earnings?

One of the ways through which projects distribute their tokens to individuals in order to achieve decentralization of their tokens and onboard new users, is through airdrops. Previously, projects airdrop users who meet certain conditions like referring people to their platform, holding a certain token ( as witnessed in Cosmos ecosystem ), performing certain social tasks, etc.

There are also projects who used presale of their tokens to onboard new users, however with the rise in rugpull, most investors are skeptical of participating in presale or any form of token distribution that will involve investing money.

This scenario created a demand for a safer and more enjoyable method to onboard users. Notcoin capitalized on this by leveraging Telegram's large user base and the risk-free tap to earn approach, making it an appealing and fun way for users to earn money. As a result, Notcoin successfully attracted millions of users. Their post-game airdrop allowed for broader token distribution, achieving decentralization and onboarding new users effectively.

The rationale behind tap to earn is clear: it provides a risk-free, entertaining way for projects to attract users and achieve decentralization.

Safety Measures

There has been a massive inflow of various tap to earn projects on Telegram. Most of these projects aren't out with any plan to launch or offer any use case. In fact, some of them are out to dupe vulnerable users and as such we have to be careful. Below are Safety practices you should follow;

1. Use a Separate Wallet: For tap to earn projects requiring a connected wallet, use a new wallet with no funds. Always read the connection prompts carefully to avoid granting permissions that could allow access to your funds.

2. Avoid Real Money Investments: Be wary of any tap to earn projects that require financial investment. Most projects aim to onboard users without needing to raise funds through such means. While legitimate play-to-earn projects may eventually require investments, thorough research is essential. Only invest what you can afford to lose.

3. Utilize Bots: Many play to earn projects offer bots to automate earnings, saving time and reducing screen exposure. Though bots may deduct earned coins, they are worth considering for convenience.

4. Use an Alternative Telegram Account: For moderators or group administrators, using an alternate Telegram account for these projects is advisable. If you must use your main account, remain security-conscious and understand the permissions you grant to bots.

Lastly, it's important to recognize that not all tap to earn projects will launch successfully. Keeping this in mind can help manage expectations and allow for more informed participation.