Taki Games, a social gaming network where players can earn real cash rewards, is joining forces with Two3 Labs, a cross-chain Web3 entertainment studio. The partnership sees the development of a mobile game based around the popular community-centric Smoofs NFT collection. Progress on the Puzzle Smoofs game is moving quickly, with the team targeting a March 2024 launch on the Taki Games network.
Smoofs’ Growing Popularity in Web3
Launched in December 2023 on the Polygon blockchain, the Smoofs NFT collection has rapidly climbed to fame, characterized by its vibrant community and substantial trading volume. The forthcoming Puzzle Smoofs game hopes to broaden the collection’s utility and appeal, allowing NFT owners to interact with their digital assets in unique ways.
Furthermore, since its launch, the project has attracted one of Polygon’s most dynamic communities and achieved a trading volume of more than $300,000. This was driven by a strong interest in the MOOVE token, which is pivotal to the Two3 Labs ecosystem.
Sorin Diaconu, Co-Founder of Two3 Labs, 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.”
Puzzle Smoofs’ addition to the Taki Network, which hosts Web3-branded titles like Game7 Food Fighter and Pac-Cats, is another example of Taki Games’ commitment to bringing mobile gaming into the Web3 sphere. This alliance seeks to make the most of the extensive appeal of leading Web3 brands and communities, increasing their global visibility through gaming’s universal appeal.
Tackling “Play-to-Earn” Challenges
Taki Games hopes to transform mobile gaming by offering tokenized rewards and asset ownership, providing more value to gamers.
In response to the swift rise of “play-to-earn” gaming models, like Axie Infinity, Taki Games is addressing the tokenomics challenges that have held back the viability of some initial Web3 games. Taki Games’ “Takinomics” is centred around the TAKI token, which intends to divert the traditional gaming industry’s $200 billion+ market value into a robust rewards system. This includes a buy-and-burn mechanism aimed at stabilizing in-game token values and ensuring players receive tangible rewards.
Following its shift to Web3 gaming, Taki Games has experienced over a 3,000% increase in growth, ranking it among the top 15 dApps on Polygon by unique active wallets (UAW) and placing it currently number 56 on all blockchain networks, as recorded by Dappradar. Moreover, Dune reports that the network has actively bought back and burned over 1 million TAKI tokens.
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