- Taki Games has partnered with Quickswap, a Polygon DEX, to improve liquidity and enable smooth transfers of the native TAKI token between Solana and Polygon.
- The move follows Taki Games’ success in attracting a million users to its web3 social product, using Polygon infrastructure.
Mobile gaming network Taki Games is making significant progress in web3, announcing a merger with Unite, expansion into the Polygon network, and a partnership with Quickswap, a prominent decentralized exchange on Polygon.
The merger with Unite, makers of the renowned web3 and NFT project Kungfuverse, resulted in Weiwei Geng, former CEO of Unite, taking over as the new CEO of Taki Games.
In partnership with Quickswap, Taki Games leverages deep liquidity to enable seamless transfers of its native TAKI token between Solana and Polygon. This move includes the launch of a dedicated liquidity pool for Taki’s bridged token and a TAKI/MATIC pool.
The decision to embrace Polygon follows Taki Games’ Web3 social product attracting one million users to the network. By leveraging Polygon’s infrastructure, Taki Games aims to strengthen its mobile gaming portfolio linked to the TAKI currency and thus contribute to the convergence of web2 and web3 gaming.
As part of the Unite merger, Taki Games invested $2.5 million in fiat and TAKI tokens, acquiring two mobile gaming titles with a robust user base. Notable titles include Bored Button, with over five million installs and 200,000 monthly average users (MAUs), and Mom’s Kitchen, which has been downloaded over 150,000 times with over 8,000 MAUs. Speaking about the development, Taki Games CEO Weiwei Geng said:
“The first Web3 gaming hits showed the enormous appetite for games that players own. But they also showed what happens when the model can’t sustain the vision as inflation erodes value. Instead, we plan to grow Web3 gaming by transforming multi-billion dollar markets into value that gamers can own.”
Polygon’s recent updates and key integrations
Polygon Labs has provided an extensive progress update on the development of Polygon zkEVM, signaling the upcoming transition to Phase 2 of the Mainnet Beta. The update, shared via a post on X, highlights the innovative features of this technology and outlines the roadmap for the coming months.
Polygon zkEVM uses zk-rollups, a mechanism that enables the processing of multiple transactions off-chain. These transactions are then bundled into a single proof, which is then submitted to the Ethereum mainnet. This approach significantly alleviates congestion on the main grid, leading to lower gas rates and accelerated transaction confirmations.
Additionally, renowned funds including Brevan Howard and Hamilton Lane have partnered with @librecap to leverage Polygon CDK to launch Libre. Libre is a specialized Real World Asset (RWA) chain operating within the Polygon ecosystem, designed to serve a variety of investors and asset managers looking to access tokenized investment funds.
Furthermore, the Polygon blockchain remains central to important issues such as combating deepfake. In an important step to address media authentication challenges, Fox Corporation has publicly launched a beta version of Verify. This open source protocol was strategically developed on Polygon PoS, with the aim of creating a transparent overview of the history and origins of recorded media.
Polygon’s own cryptocurrency MATIC trades 1.20% lower at a price of $0.845 with a market capitalization of $8.040 billion.