TAP Protocol, an OrdFi protocol designed to support Bitcoin Ordinals, has commenced its token issuance on the Coinlist platform. The token purchase period began on May 30, 2024, at 01:00 Beijing time and will end on June 6, 2024, at 01:00 Beijing time.

The specific arrangements for this token issuance are as follows: The supply is 1,575,000 TAP tokens, which accounts for 7.5% of the total supply. Each token is priced at $3.57. The initial 10% will be unlocked at TGE, with the remainder linearly released over the next 12 months. The tokens are expected to be listed on exchanges around June 28, 2024.

The initial purchase limit is a minimum of $100.00 and a maximum of $2,500.00, only supporting USDT/USDC. To participate in the TAP Protocol token issuance, the following conditions must be met: Access the designated website using a desktop computer; use the Google Chrome browser; install the Xverse extension (Xverse Wallet). All custodial and exchange wallets are strictly prohibited from use.

The total supply of TAP tokens is 21 million. This token issuance marks a significant milestone for TAP Protocol, as it aims to support the growth and adoption of Bitcoin Ordinals. The protocol's design is centered around providing a secure and efficient way for users to interact with Ordinals, making it an attractive option for those looking to participate in this emerging market.

In conclusion, the TAP Protocol token issuance on Coinlist is an exciting development for the Ordinals community. The protocol's focus on security and efficiency makes it an attractive option for users looking to participate in this emerging market.