Startup Tap Project wants to revolutionize the world of online games with Tap Coin
Tap Project is a one-month old startup that wants to turn the current world of online gaming on its head. The company plans to introduce a innovative cryptocurrency, Tap Coin, that will make digital currency available on multiple gaming platforms. Tap Coin is an utility token that allows gamers the option to utilize their time and convert in-game earned and premium currencies to Tap Coins that can traverse multiple platforms and games. Tap Coin will make it easy for to get paid tSimply, paying gamers to play. Using a “proof of stake” model users need Tap Coins to gain access to the Platform and its games. Tap Project was founded by Haniff Knight and Hugh Knight.
So, what really is Tap Coin and what problem does it solve? Today, there are millions of in-game currencies that are restricted to individual games and ecosystems. Currently, the gaming industry is filled with inefficiencies, problems, challenges, and limitations when it comes to payments, transfers of in-game currencies. Gamers spend countless of hours playing games and earning in-game currency, just to have them “stuck” in the virtual world when they stop playing that game. The gaming industry is ripe for disruption and Tap Project is ready to change that.
The primary idea behind the Tap Projects’ initiative is about developing a digital currency, along with partnering with a network of developers to allow a smooth, elegant and robust system that will allow the Tap Coin the ability to traverse multiple games and platforms. The goal is to replace proprietary in-game currency and allow tap coins to then be exchanged into other cryptocurrency. Tap Project will allow developers to create smart-contracts that act as Achievements or Easter eggs. So, when an achievement is earned the contract releases the Tap Coin to the participants’ wallet seamlessly. The opportunities are endless, as developers are given the ability to be creative all the while having the security of the block-chain.
Tap Project is also already making some headway. Last week, the startup recently announced it has reached a partnership agreement with award winning international developer, Juego Studios. The partnership will help Tap project with the introduction of an exclusive mobile game that will lay the foundation for converting in-game currency to cryptocurrency through the Tap platform. It also allows for the completion of the Tap Platform SDK plugin for Unity and Unreal Engine SDK plugin. Juego Studios is a leading technology game development studio focusing on game development, art and design, AR/VR, IOT and more. Their partnerships include, Disney, 20th Century Fox, Warner Brothers, Artix Entertainment, with games such as VOW, Adventure Quest, Hobbit Battle of the five armies, Hello Kitty Orchard just to name a few and now the Tap Project.
Tap Project comes with great features, benefits and incentives for gamers, publishers and developers alike. For gamers, the Tap Platform revenue sharing opportunities for games. It allows gamers to truly earn money whilst playing video games. Gamers will finally get paid for countless hours they spend on games. This also encourages gamers to play more. For publishers, the Tap Platform also offers a 70/30* split in transaction fee revenue with 70% going to the developer per their published titles. Just by listing your game you immediately increase your revenue stream. As more users convert in-game currencies to Tap Coin, publishers get paid more. The Tap Platform allows users to see their Tap Coins and game stats in an interactive dashboard. Users can manage their favorite games and content all from one dashboard. One step login provides immediate access to the marketplace showing the latest and hottest games.