The addition of $TAKI on Cube Exchange marks a significant step, showcasing its role in Solana’s leading Web3 mobile gaming ecosystem.
In Brief
Taki Games The announcement of the listing of the $TAKI token was made by Taki Games, a forerunner in the social gaming sector that lets players earn real money rewards, through Cube Exchange. Cube Exchange .
Taki Games The announcement of the listing of the $TAKI token was made by Taki Games, a forerunner in the social gaming sector that lets players earn real money rewards, through Cube Exchange. Cube Exchange This represents Cube Exchange's first major listing of the $TAKI token since its original launch in April 2022 on platforms like OKX and Gate.
As a frontrunner in the mobile blockchain gaming sector, Taki integrates engaging gameplay with innovative tokenomics. This fusion creates lasting rewards for gamers, including ownership of in-game assets, cryptocurrency incentives, and the opportunity to trade digital items on a peer-to-peer marketplace.
The Taki project addresses the shortcomings of earlier play-to-earn models that suffered from inefficient tokenomics and misaligned incentives. They have introduced a unique framework called 'Takinomics' aimed at maintaining equilibrium in their in-game economies to provide more substantial value for every participant.
In contrast to typical play-to-earn games that base their tokenomics on speculative interests rather than solid business principles, Taki's Takinomics incorporates a buy-and-burn strategy. This system purchases tokens from the open market, effectively motivating players to create a revenue stream for the games. The generated value flows back into the in-game economy through a reward system anchored by the $TAKI token.
Taki aspires to be the blockchain equivalent of Zynga, inviting mainstream players into the Web3 realm where they can gain ownership stakes in their favorite games and receive real rewards for their gaming efforts. Its network is primarily built on Solana—one of the top five blockchains in Web3 gaming—and is further supported by Polygon, another significant decentralized gaming ecosystem. Additionally, Taki has formed a partnership with Flowdesk to enhance its network with institutional-grade liquidity.
The listing on Cube Exchange is a pivotal achievement for Taki Games. Cube Exchange distinguishes itself by focusing on Solana tokens and delivering a user-driven asset control experience. It merges the efficiency of centralized exchanges with advanced techniques like multi-party computation custody, off-chain matching, and on-chain settlement, effectively tackling the limitations associated with traditional non-custodial exchanges. This partnership aligns perfectly with Taki's commitment to addressing tokenomic challenges within Web3 gaming, while Cube Exchange stays dedicated to resolving safety concerns in the crypto capital markets that were highlighted by the FTX incident in late 2022.
Weiwei Geng, the CEO of Taki Games, expressed his enthusiasm stating, 'We are thrilled to see Cube Exchange backing $TAKI, the engine behind our cross-chain rewards system for the Taki Games mobile gaming ecosystem. We aim to replicate Zynga's success in Web3 and ensure that players benefit through continuous buyback strategies. Therefore, enhancing $TAKI's liquidity with platforms like Cube is essential. Cube's endeavors to bolster the safety and transparency of crypto markets, especially for retail traders, are commendable, particularly amidst the current excitement within the Solana ecosystem.'
In the past year, Taki Games has risen to become one of the top 100 ecosystems in Web3 gaming across all blockchains, according to Dappradar's analyses. Recently, the trading volume for $TAKI skyrocketed, jumping from a daily average of $300,000 to $400,000 to astonishing figures exceeding $13 million, and the Taki mobile application has surpassed five million downloads on Android.
Taki's remarkable growth is particularly promising given the vast possibilities that blockchain gaming represents. In comparison to the established gaming industry, the Web3 gaming sphere is relatively small, with around one million daily active participants.
Bartosz Lipiński, the CEO of Cube Group, commented on their commitment: 'We are devoted to addressing safety and trust issues prevalent in the crypto landscape. We are equally excited to partner with innovative projects like Taki Games which utilize $TAKI to tackle economic difficulties within the Web3 gaming domain. Our emphasis on security and trust, coupled with our support of industry-leading gaming initiatives like Taki, seeks not only to benefit our users but also to enhance the overall reliability of crypto markets and Web3.'
About Taki Games
Taki Games is dedicated to integrating players and increasing revenue through incentive alignment with gamers. As the premier mobile gaming network, Taki empowers devoted players to gain a stake in the network's growth while reaping rewards. Founded by a team with over 15 years of experience as innovators in the gaming sector, Taki offers free-to-play experiences that compensate users with $TAKI tokens.
Learn more: https://www.takigames.net
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