Startup Developing A Universal Currency For Gamers Is Announcing Its Pending Patent

While implementing its own utility token that allows gamers to convert their in-game currencies into cryptocurrencies, the Tap Project has applied for a patent on the converting method.

For gamers who are interested in extra earnings, this shows that the project is acting seriously and intends to fully disclose and release their system, method and conversion mechanism publicly.

As Cointelegraph reported previously, the Tap Project plans to alter the online gaming inner economy by introducing an in-game cryptocurrency, the Tap coin.

The Tap coin is a utility token that can traverse multiple platforms and be converted to any cryptocurrency or fiat money.

With the Tap coin, gamers will be literally getting paid to play, having the ability to build their wallets and monetize their gaming.

After finishing its crowdfunding campaign with 1400 ETH raised in January, the Tap Project is moving towards introducing its new in-game currency to the gaming community.

Anticipating the MVP. According to the updated roadmap, in Q2 2018 the Tap Project anticipates the launch of its MVP, along with other technical features.

Earlier, on March 25, Tap Project released news on its Medium blog regarding the introduction of the Tap coin wallet, highlighting the security issue.

Similar to My Ether Wallet, the Tap Wallet doesn't house the user's private keys.

The MVP is set to be released in June, so summer gamers will finally be able to play, convert and transfer Tap coins.