Taki Games, a leading social gaming network enabling real money rewards, has announced a partnership with Genopets, one of the top “move-to-earn” games in the Solana ecosystem.
According to the announcement, Genopets Match will be released on April 2024, joining Taki’s fast-developing portfolio of Web3-branded mobile games on the Solana blockchain, which includes popular titles such as Puzzle Smoofs, Game7 Food Fighter, and Pac-Cats.
Merging Mainstream Gaming With Web3
Taki Games is on a mission to bring billions of traditional mobile gamers into the Web3 space through its Solana-based decentralized gaming network. By altering the dynamics of popular mobile games with tokenized rewards and asset ownership, Taki aims to provide a more rewarding experience for gamers while creating new revenue streams for developers.
“Our mission is to bring mainstream gamers into crypto by becoming Web3’s Zynga, We’re excited to partner with one of the pioneers in move-to-earn gaming, which was one of the major catalysts of mainstream adoption in the last bull market,” said Taki Games CEO Weiwei Geng regarding the partnership.
Furthermore, driven by the popularity of games like Axie Infinity, Taki Games is leading the “play-to-earn” (P2E) gaming movement. In addition, Taki has improved the P2E model with its novel “Takinomics” framework, which is intended to prevent hyperinflation of tokens and guarantee that participants receive an equitable portion of the rewards.
At the heart of Takinomics is Taki’s native, TAKI token, which employs a cutting-edge “buy-and-burn” method to preserve value and encourage players to make money while increasing engagement with their favorite games, which is the central component of Takinomics.
Taki’s Growth and Tokenomics Success
Since pivoting to Web3 gaming last year, Taki Games has witnessed incredible growth. According to Dappradar, it is presently ranked in the top 70 dApps across all blockchain networks and among the top 15 dApps on the Polygon ecosystem.
Taki’s tokenomics model’s success is evident in the TAKI token’s strong performance, which recently witnessed a daily trading volume surging from less than $300,000 in December 2023 to over $13 million by late February. Moreover, more than 1 million TAKI tokens have been brought back and burned, according to Dune Analytics.
Genopets: A Trailblazer in Move-to-Earn Gaming
With one of the most active player communities in the Solana ecosystem, Genopat has become a pioneer in the move-to-earn gaming world. The game gives users a wide range of customization and evolution choices to help them care for and raise their NFT-based virtual pets
With that being said, the collaboration between Taki and Genopets shows how Web3 technology can revolutionize traditional gaming. Through the integration of captivating gameplay and blockchain ownership, developers may generate greater value for both themselves and the players.
“For the past two years, Genopets has grown one of the largest most active communities in the Solana ecosystem. We’ve helped live a more active, rewarding lifestyle by growing and evolving their digital pets,” said Jay Chang of Genopets. “We’re excited to partner with Taki Games to bring the next wave of mainstream gamers into the next generation of Web3 gaming.”
Wrapping up
This partnership between Taki Games and Genopets marks a pivotal move in integrating mainstream gaming with Web3 technologies, promising a future where gaming is not only about entertainment but also about earning through play, setting a new precedent in the industry.
