Taki Games, a social gaming network where the participants can earn real cash rewards, is partnering with Two3 Labs, a cross-chain Web3 entertainment studio. This collaboration sees the development of a mobile game that is based around the popular community-centric Smoofs non-fungible token (NFT) collection. Progress on the Puzzle Smoofs game is moving rapidly, with the team targeting a March 2024 launch on the Taki Games network.
Smoofs’ Growing Popularity In Web3
Introduced in December 2023 on the Polygon blockchain, the Smoofs NFT collection has quickly surged to fame, dominated by its vibrant community and massive trading volume. The upcoming Puzzle Smoofs game hopes to increase the collection’s appeal and utility, enabling NFT owners to interact with their digital assets in distinct ways.
Additionally, since its launch, the project has attracted one of Polygon’s most dynamic communities and acquired a trading volume of over $300,000. That was powered by a strong interest in the MOOVE token, which is integral to the Two3 Labs ecosystem.
The Co-Founder of Two3 Labs, Sorin Diaconu, shared:
“This collaboration with Taki Games and Two3 Labs is an important milestone for us, blending the lines between NFTs and gaming and offering mainstream gamers an innovative way to engage with our brand and community. We are excited to see how this game will bring the Smoofsverse and Web3 culture to a mainstream gaming audience with Taki Games.”
The inclusion of Puzzle Smoofs in the Taki Network, which already hosts Web3-branded titles such as Game7 Food Fighter and Pac-Cats, exemplifies Taki Games’ dedication to integrating mobile gaming into the Web3 domain. This collaboration aims to capitalize on the widespread popularity of prominent Web3 brands and communities, enhancing their global recognition through the universal appeal of gaming.
Tackling ‘Play-to-Earn’ Challenges
Taki Games hopes to revolutionize mobile gaming by providing tokenized rewards and asset ownership, offering more value to the players.
In reaction to the rapid ascent of “play-to-earn” gaming models exemplified by Axie Infinity, Taki Games is tackling the tokenomics hurdles that have impeded the sustainability of certain early Web3 games. Taki Games’ “Takinomics” revolves around the TAKI token, to channel the considerable $200 billion+ market value of the traditional gaming industry into a resilient rewards system.
This innovative approach incorporates a buy-and-burn mechanism, strategically designed to stabilize in-game token values and guarantee players tangible and substantial rewards.
Following its move into Web3 gaming, Taki Game has experienced more than 3,000% increase in growth, ranking it among the top 15 dApps on Polygon measured by unique active wallets (UAW) and putting it currently number 56 on all blockchain networks, as highlighted by Dappradar. Furthermore, Dune reports that the network has actively acquired back and burned more than 1 million TAKI tokens.
