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By merging with Unite, Taki Games strengthens its position in the Web3 gaming landscape while also welcoming a new CEO.

In Brief

Taki Games, a mobile casual gaming network focused on Web3, has just announced that it is joining forces with Unite, the team behind Kungfu Beasts, a known NFT brand.

In an official statement, Taki Games confirmed its merger with Unite, highlighting their focus on bringing exciting developments to the gaming world. NFT brand Kungfu Beasts.

This merger marks a significant step for Taki Games, propelling them further into the gaming realm on the Polygon blockchain. With this shift, Weiwei Geng, the former CEO of Unite, will take on the role of Chief Executive Officer at Taki Games.

Geng is a seasoned figure in the gaming industry Previously, Weiwei Geng has been a co-founder of the Rally Network and has held significant roles at well-known companies like Gen.G and Kabam.

Weiwei Geng, the CEO of Taki Games, expressed, \"The initial successes in Web3 gaming have highlighted a massive demand for titles that players can truly own. However, these early successes also revealed what happens when the business models lag behind the vision and inflation diminishes value. At Taki, we aim to revolutionize Web3 gaming by converting sizable markets into assets that gamers can retain and benefit from.\"

Describing how Taki Games enhances the gaming journey, Geng stated: \"Players can earn incentives simply through gameplay. All advertising revenues generated from in-game promotions are recorded on-chain and redistributed to players as rewards for completing various in-game tasks.\"

Taki Games has established a strong presence with its Web3 social platform, attracting one million users and is now expanding its reach onto the Polygon network. They bring with them a collection of mobile games supported by the TAKI token. Polygon is well-regarded as an exceptional layer-2 solution for developing Web3 games, attributed to its engaged user base and low transaction fees. Solana A Strategic Leap Forward for Taki in the Gaming Arena

As Taki Games transitions to Polygon, it's introducing a new native currency called TAKI, along with a unique economic model termed 'Takinomics.' This innovative structure supports deflationary TAKI reward distributions, which stands in contrast to the often inflationary systems found in popular 'play-to-earn' games like Axie Infinity and The Sandbox.

For every TAKI token minted, there will be an associated buyback and burn, funded by the game's revenue, leading to a gradual decrease in supply.

In its ongoing expansion in the market, Taki Games has made a notable investment of $2.5 million in both cash and TAKI tokens to purchase two well-received mobile games – Bored Button and Mom’s Kitchen.

To strengthen its position in the mobile gaming Bored Button, the flagship offering from Taki Games, has achieved over 5 million downloads and boasts around 200,000 active users each month, while Mom’s Kitchen, a cooking-themed game, has attracted 150,000 downloads and maintains 10,000 daily active players.

As Taki Games embarks on this new journey, the industry is keenly observing how the combination of talent, innovative technology, and strategic foresight will redefine the future of Web3 gaming.

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Disclaimer

In line with the Trust Project guidelines Kumar is a skilled technology journalist with a focus on the dynamic intersections of AI/ML, marketing technology, and emerging domains like cryptocurrencies, blockchain, and NFTs. With three years of extensive experience, Kumar has carved out a niche in writing engaging narratives, conducting meaningful interviews, and delivering in-depth analyses. His expertise includes producing high-quality content, such as articles, reports, and research papers for leading industry platforms. Balancing technical knowledge with storytelling, Kumar excels at demystifying complex technological concepts for various audiences.

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Taki Games Takes a Leap into Web3 by Appointing a New CEO Following Merger with Unite - Metaverse Post

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