The well-known “move-to-earn” brand, which has gathered one of the biggest player bases in the Solana blockchain ecosystem, will be expanded by Taki Games and Genopets. Taki Games is the top social gaming network that lets users earn real money prizes.
Joining the ranks of other popular games like Pac-Cats, Puzzle Smoofs, and Game7 Food Fighter on Taki’s Solana-based network, Genopets Match is set to launch in April 2024. By forming partnerships with dozens of leading Web3 businesses and communities, Taki Games aims to connect billions of mobile gamers to Web3, where they can enjoy more immersive and rewarding gaming experiences.
With the addition of tokenized awards and ownership of gaming assets, Taki Game’s decentralized gaming network changes the dynamics of thrilling mobile games. Developers can find room to grow their businesses and reward their most dedicated customers on its player-owned network.
Following the success of games like Axie Infinity, a new trend known as “play-to-earn” has emerged in recent years, and it was an early adopter of this model. By enhancing the P2E model with a tokenomics framework that prevents token hyperinflation, Taki Games paves the road for players to get a decent cut of the over $200 billion worth of value created by the conventional gaming industry every year.
The core of Taki’s “Takinomics” model is the native TAKI token, which uses an innovative “buy-and-burn” method to keep its value and encourages players to earn money while playing their favourite games more. Taki’s development team members include the brains behind Kabam, a dominant force in the social and mobile free-to-play gaming market.
With a massive user base and rapid expansion thanks to the merger with Taki’s gaming network, Genopets has become a leading free-to-play mobile game in the Solana blockchain ecosystem. In Genopets, players take on the role of caretakers for NFT-based digital pets and strive to bring out the best in them, much like in the beloved classics Pokemon and Tamagotchi. The game has many cool features, and there are endless ways for users to improve their Genopets.
Starting in 2021, the Genopets game has been steadily building up to its public V1 launch later this month, which will be followed by its premiere on Taki. Users of Taki Games can take advantage of a limited airdrop when they join up for Genopets by installing the app and entering the code “TAKI” at the time of registration.
Taki and Genopets are on the same page regarding their goals; they both want to attract more casual gamers to the Web3 sector by creating exciting blockchain games and IP based on NFTs. Many different types of gamers are likely to enjoy Genopets. This includes crypto investors, aficionados of NFT and other Web3 technologies, gamers with Solana tokens, and collectors and investors in digital assets.
“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 next generation of Web3 gaming.”
With a network growth of 3,00% since last year’s Web3 gaming shift, Taki Games is now one of the top 15 decentralized applications (dApps) in the Polygon Proof-of-Stake ecosystem according to the number of unique active wallets. According to data from Dappradar, it is also one of the top 70 decentralized applications (dApps) across all blockchain networks. The native TAKI token has been performing exceptionally well; by the end of February, its trading volume had increased from about $300,000 per day in December to over $13 million per day. The mobile gaming app developed by Taki has been downloaded over 5 million times on Android smartphones.
More than one million TAKI tokens have been returned and destroyed, as reported by Dune Analytics, proving the success of Taki’s innovative Takinomics economic model.
“Our mission is to bring mainstream gamers into crypto by becoming Web3’s Zynga,” said Taki Games CEO Weiwei Geng. “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. By combining forces with the Genopets community and leveraging the excitement in the Solana ecosystem, we’re continuing to accelerate mainstream adoption of Web3 through gaming and ownership.”
Taki’s partnership with Genopets demonstrates the fascinating possibilities that Web3 technology offers to conventional video games. Integrating blockchain assets with traditional gameplay dynamics will increase value for developers, gamers, and the gaming industry as it seeks new ways to engage and flourish. It may begin a new era filled with thrilling opportunities that will transform the bond between gamers and their adoring public.