Crypto Gloom

Taki Games and Genopets Accelerate Mainstream Adoption of Web3 on Solana with “Genopets Match”

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Taki Games, a leading social gaming network offering real-money rewards, announced a partnership with Genopets, one of the best “Move-to-Enern” games in the Solana ecosystem.

According to the announcement, Genopets Match joins Taki’s rapidly evolving portfolio of Web3-branded mobile games on the Solana blockchain, including popular titles such as Puzzle Smoofs, Game7 Food Fighter, and Pac-Cats, and is scheduled to launch in April 2024.

Combination of Web3 and mainstream games

Taki Games is on a mission to bring billions of existing mobile gamers into the Web3 space with its Solana-based decentralized gaming network. Taki aims to change the dynamics of popular mobile games with tokenized rewards and asset ownership, providing more rewarding experiences for gamers while creating new revenue streams for developers.

“Our mission is to become the Zynga of Web3 and bring mainstream gamers into the cryptocurrency market. We’re excited to partner with one of the pioneers in revenue-generating gaming, which was one of the key catalysts for mainstream adoption during the last bull market. “Taki Games CEO Weiwei Geng said about the partnership.

Additionally, thanks to the popularity of games like Axie Infinity, Taki Games is leading the Play-to-Earn (P2E) gaming movement. Taki has also improved its P2E model with a new “Takinomics” framework to prevent token hyperinflation and ensure participants receive their fair share of rewards.

At the heart of Takinomics is the TAKI token, the basis for Taki. These tokens use cutting-edge “buy-and-burn” methods to preserve value and encourage players to earn money while increasing engagement with their favorite games, a core component of Takinomics. .

Taki’s growth and success in token economics

Since switching to Web3 gaming last year, Taki Games has seen incredible growth. According to Dappradar, it is currently among the top 70 dApps across all blockchain networks and one of the top 15 dApps in the Polygon ecosystem.

The success of Taki’s token economics model is evident in the strong performance of TAKI tokens. Daily trading volume recently surged from less than $300,000 in December 2023 to more than $13 million by the end of February. Additionally, more than 1 million TAKI tokens were recovered and burned, according to Dune Analytics.

Genopets: Pioneer of Monetization Games

As one of the most active player communities in the Solana ecosystem, Genopat has become a pioneer in the world of monetized gaming. The game offers users a variety of customization and evolution options to help them care for and raise their NFT-based virtual pets.

Taki’s collaboration with Genopets shows how Web3 technology can revolutionize traditional gaming. Integrating compelling gameplay and blockchain ownership allows developers to create greater value for both themselves and their players.

“Over the past two years, Genopets has grown into one of the most active communities in the Solana ecosystem. We help them raise and develop their digital pets so they can live more active and rewarding lifestyles,” said Jay Chang of Genopets. “We’re excited to work with Taki Games to attract the next generation of mainstream gamers to the next generation of Web3 games.”

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This partnership between Taki Games and Genopets marks a pivotal move in the integration of mainstream gaming and Web3 technology, setting a new precedent for the industry, promising a future where games monetize play as well as entertainment.