We are excited to announce the launch of our decentralized personal data protocol and TAP token, aimed at breaking the traditional cycle of data exploitation. With this initiative, users will have full control over their digital identities, the ability to mint NFTs (Non-Fungible Tokens) for Blockchain Verified Consent, and the opportunity to license this consent for use across the web, receiving ERC20 tokens in return from organizations.
As Web2 has evolved, it has become a centralized space where companies often misuse users’ data. This occurs because many users don’t fully understand what they are agreeing to when signing up for services, often to their detriment.
This is where Tapmydata steps in. With a unique combination of tools, ledger systems, and decentralized protocols, we provide an all-in-one solution for users to reclaim their digital identities. By turning consent into a blockchain-verified NFT, Tapmydata offers a transparent, new way for legitimate organizations to access and exchange data while providing value to the user.
Why Balancer?
The Balancer protocol is known for its flexible design and permissionless structure, which allows teams like TAP to create innovative financial products and services. Balancer’s advanced features enable new use cases that bring value to the market, which is why we chose to partner with them for our token sale.
“We’ve been greatly impressed by Balancer’s development pace, and they are at the forefront of providing mechanisms that ensure liquidity events and price discovery—key for the long-term success of token projects like TAP.”
— Gilbert Hill, CEO, Tapmydata
About Balancer
Balancer is a cutting-edge DeFi platform that functions as a decentralized exchange, allowing users to easily buy and sell cryptocurrency. By using Balancer Pools, anyone can provide liquidity by depositing assets, earning trading fees, and receiving the native token, BAL, as a reward.
How to Participate in the Token Sale
To take part in the TAP token sale, users need to download the Tapmydata app from your preferred app store. After installing the app, follow the prompts to complete KYC (Know Your Customer) and AML (Anti-Money Laundering) checks. You will only be able to participate in the sale once these steps are completed, so please follow the instructions carefully.
The KYC/AML process will be integrated with Balancer, ensuring a seamless solution for liquidity pool participation.
Token Sale Dates
The TAP public token sale will begin on December 14, 2020, and run for two weeks, ending on December 28, 2020. For further updates, please refer to the Tapmydata Telegram channel.