Help & FAQs / TAP Token Launch

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What is the lock-up schedule for the TAP Protocol Token Launch?

Tokens sold in the TAP Protocol Token Launch are subject to the following lock-up:

  • 10% unlocks at TGE, followed by a 12-month linear release. Token exchange listing is expected to occur on or around June 28, 2024



Other TAP Token Launch Questions

Why can’t certain residents and citizens participate in the TAP Protocol Token Launch?

CoinList is committed to following all applicable regulatory guidelines. As a result, CoinList will not be able to offer TAP tokens for purchase during the TAP Protocol Token Launch to prospective participants in the United States (and its territories), Canada, China, Cuba, Iran, Myanmar, Syria, as well as other unsupported jurisdictions.

When do I need to fund my purchase?

In order to participate in the TAP Protocol Token Launch, users will need to fund their CoinList Wallet with the minimum purchase amount ($100.00 in USDC or USDT). There is no pre-funding deadline, but users will need their funds in their CoinList wallet to submit a purchase request within the 7 day timeframe, May 29 at 18:00 UTC to June 5 at 18:00 UTC, to be eligible to receive a TAP allocation.


How do I fund my purchase?

We will display payment information when you complete your registration for the TAP Protocol Token Launch. Eligible purchasers can pay with Tether (“USDT”) or USD Coin (“USDC”). Payments made in USDT or USDC will equate to the value of one United States Dollar ("USD") regardless of fluctuations in USDT or USDC.


There are no fees associated with purchasing tokens with USDC or USDT. You can deposit USDC and USDT into your CoinList Wallet anytime at https://coinlist.co/wallets.

Where will my TAP tokens be distributed?

The TAP Protocol team will be distributing TAP tokens to the linked external xverse wallet or BTC wallet address provided during the token launch purchase flow.


Please make sure to NOT use a custodial (exchange) BTC wallet address. You may not be able to receive tokens if you provide an incorrect address. 

How will the token launch work?

In order to be eligible to participate in the TAP Protocol Token Launch, users must fund their CoinList Wallet with the minimum purchase amount ($100.00 in USDC or USDT), have a Bitcoin wallet (xverse), as well as pass KYC verification.


🚨IMPORTANT: To participate in the TAP Protocol Token Launch, the following requirements are needed:

External wallet: xverse wallet

Browser: Chrome

Device: Any computer or Android Device (iOS is NOT supported)


The TAP Protocol team will be distributing TAP tokens to the linked external xverse wallet provided during the token launch purchase flow. All custodial and exchange wallets are strictly prohibited. 


Once the token launch begins, users will be prompted to submit a purchase request, with a limit set between $100.00 and $2,500.00. You can not submit a purchase request that is larger than the amount of USDC or USDT that you hold on CoinList. 


After the token launch period closes, June 5, 2024 at 18:00 UTC, allocations will be selected at random. Users who are not selected to receive an allocation will receive their funds back in their CoinList Wallet within 48 hours of the purchase period.


Users who are not selected to receive an allocation will receive their funds back in their wallets by June 7, 2024.



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