Taki Games merges with Unite and partners with Quickswap on Polygon

2024-01-16 11:00:00

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Mobile gaming network Taki Games has taken multiple steps to boost its presence in the web3 space – successfully merging with Unite, expanding to the Polygon network, and partnering with leading Polygon decentralized exchange (DEX) Quickswap.

As part of expanding onto Polygon, Taki Games has combined forces with Unite, the team behind the popular web3 and NFT project, Kungfuverse. The merger saw former Unite CEO Weiwei Geng become Taki Games’ new CEO.

In tandem, Taki Games has teamed up with Quickswap to tap into deep liquidity that will enable seamless transfers of its TAKI token between Solana, where Taki Games initially gained traction, and Polygon. The collaboration includes launching a dedicated liquidity pool for Taki’s bridged token and a TAKI/MATIC pool.

The Polygon pivot comes after Taki Games’ web3 social product brought on 1 million users on the network. Taki Games now leverages Polygon’s infrastructure to power its portfolio of mobile games tied to the TAKI currency while accelerating the convergence of web2 and web3 gaming.

As part of the Unite merger, Taki Games invested $2.5 million in fiat and TAKI tokens to pick up two mobile gaming titles with strong install bases – Bored Button–which has over five million installs and more than 200,000 monthly average users (MAUs); and Mom’s Kitchen, a game that has been downloaded more than 150,000 times and boasting over 8,000 MAUs.

Taki Games CEO Weiwei Geng remarked on the company’s commitment to building lasting web3 games:

“The initial web3 gaming hits demonstrated the huge appetite for games players own. But they’ve also shown what happens when the model cannot sustain the vision as inflation erodes value. Instead, we plan to grow web3 gaming by transforming multi-billion markets into value gamers can own themselves.”

With the Quickswap integration, Polygon inhabitants can freely trade TAKI, supply liquidity, and explore Taki’s stable web3 game offerings.

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