SINGAPORE – 27/01/2024 – (SeaPRwire) – In a strategic collaboration aimed at bolstering liquidity and propelling the Taki token to new heights, Taki DAO has officially joined forces with Flowdesk. The partnership signifies a significant milestone in Taki Games Network’s mission to expand the reach of the TAKI token, the native asset that powers rewards within its portfolio of popular mobile games. Flowdesk, recognized as a pioneering market maker, has commenced its role in providing liquidity for the TAKI token, amplifying accessibility for users.
Taki Games, post its merger with Unite and the acquisition of various gaming studios, has been on a relentless mission to enhance TAKI liquidity. A key ally in this endeavor has been the collaboration with QuickSwap, aimed at delivering substantial liquidity on the Polygon Network. The recent partnership with Flowdesk is expected to play a pivotal role in further fortifying liquidity channels and broadening the accessibility of TAKI within the dynamic mobile gaming ecosystem it underpins.
The affiliation between Taki DAO and Flowdesk not only underscores the strides made by Taki Games in mainstreaming Web3 gaming but also accentuates Flowdesk’s position as a leading market maker in the industry. Flowdesk, renowned for providing liquidity and trading services to institutions, exchanges, blockchain projects, and web3 organizations, represents a new wave of service providers in the crypto capital markets. This ethos aligns seamlessly with Taki’s vision, characterizing a new generation of Web3 gamers.
Liquidity forms the bedrock of Taki’s token design, incorporating a buy-and-burn mechanism integral to its tokenomic framework, known as “Takinomics.” The assurance of substantial liquidity across multiple blockchain networks is pivotal to maximizing the core functionality of Takinomics and ensuring seamless player access to the TAKI token.
The success of Web3 developers in tapping into organic demand for gaming experiences featuring blockchain-based elements has been evident. With an ever-growing user base holding and utilizing crypto assets, the addressable market for Web3 games has expanded significantly. Despite this, many GameFi projects have grappled with retaining market value due to misaligned token incentives. Taki DAO and Taki Games aim to tackle this challenge by not only focusing on bringing revenue but also users on-chain, facilitated by the unique tokenomic model of Takinomics.
Clients of Flowdesk are now positioned to leverage low-latency trading infrastructure, employing algorithmic and human traders to manage liquidity across both centralized and decentralized exchanges. Projects can utilize their capital and maintain ownership of the liquidity, fostering enhanced trust, control, and transparency.
Weiwei Geng, CEO of Taki Games, expressed excitement about the collaboration, stating, “Taki Games is on a mission to bring gaming’s 3B users and $200B in revenues on chain, which means that liquidity is crucial to absorbing increasing sizes of TAKI purchases to power our rewards system. We’re excited to see Flowdesk partner with the TAKI DAO to help make this system more seamless for our users, and to serve as a model for the rest of the gaming industry.”
The recent surge in demand for the TAKI token has been notable, with more users seeking exposure to the Taki Games ecosystem. Trading volumes for TAKI reached record highs in December, surging to over $13M at the start of January. With Flowdesk onboard, Taki DAO is poised to enhance liquidity for the TAKI token, contributing to the realization of Web3 gaming’s true potential.
About Taki Games
TAKI DAO and Taki Games are committed to bringing players and revenue on-chain by aligning incentives among gamers. Positioned as the leading gaming network for mobile, Taki Games empowers loyal players to earn an ownership stake in the network’s growth and share in the rewards. Founded by a team with over 15 years of history as pioneers in the gaming industry, Taki Games delivers free-to-play games that reward users with TAKI tokens.
SOURCE: Taki
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