In order to develop and release a highly addictive mobile game that makes use of the well-liked Smoofs NFT collection, Taki Games, a leading social gaming network that lets players earn real money incentives, is collaborating with the cross-chain Web3 entertainment company Two3 Labs. The crew has been working hard to advance the Puzzle Smoofs game, and they anticipate releasing it on the Taki Games network in March 2024. The game is still in development.
Puzzle Smoofs has joined the rapidly expanding Taki Network game catalog, where it will be featured alongside well-known Web3-branded games like Game7 Food Fighter and Pac-Cats. Through its gaming network, Taki Games hopes to attract billions of mobile players into Web3. To this end, it is collaborating with prominent Web3 businesses and communities that are using gaming to broaden their reach.
Taki Games is transforming mobile gaming with their decentralized gaming platform, which adds tokenized rewards, incentives, and ownership of gaming assets to provide players more value. The platform’s player-owned network facilitates chances for creators to receive rewards, allowing them to distribute game money to the player communities that play a crucial role in their success.
The notion of “play-to-earn” gaming has seen significant expansion in recent years due to the popularity of popular games like Axie Infinity. However, because of their poorly designed tokenomics, the early Web3 games now run the genuine danger of experiencing token hyperinflation. By directing revenue from the $200 billion+ conventional gaming market into its innovative rewards program, which is centered around the TAKI token, Taki Games seeks to correct this flawed paradigm.
Taki’s “Takinomics” approach, which aims to guarantee the value of in-game tokens and allow gamers to really get benefits from playing their favorite games, is centered upon the TAKI token. It uses a unique buy-and-burn system to encourage players to make money while playing games.
The creators of Kabam, one of the first companies to provide free-to-play mobile and social games, are part of the Taki Games team.
Since its introduction in December 2023, Smoofs has expanded quickly to rank among the most well-liked NFT collections on the Polygon blockchain. In the two months since its introduction, it has amassed a trading volume of over $300,000 and has one of Polygon’s most active communities, which has led to a significant demand for the MOOVE token, which forms the foundation of Two3 Labs’ ecosystem. The introduction of the Puzzle Smoofs game will significantly increase the usefulness and popularity of the collection, offering NFT holders a way to engage with their NFTs outside of the typical NFT experiences. The Smoofs NFTs are widely valued for their distinctive artwork and their active community.
The Two3 Labs team gained fame before releasing Smoofs because of their Cow Cow NFT collection on MultiversX, which has brought in more than $2 million in sales since February 2023.
According to Sorin Diaconu, Co-Founder of Two3 Labs:
“Smoofs is more than just a collection of NFTs – it’s a community-centric brand built to revolutionize the concept of entertainment in Web3. Smoofs is represented by a vibrant community and a universe of characters that have captured the hearts of many. 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.”
Weiwei Geng, CEO of Taki Games, added:
“Our mission is to bring mainstream gamers into crypto by becoming Web3’s Zynga. In addition to building fun games that use market-leading tokenomic models, we’re also excited to bring Web3 culture to our millions of players by partnering with amazing collections like Smoofs. By integrating Smoofs IP into this game, we are not only providing players with true ownership of in-game assets but also creating a new avenue for brands to engage with their audience in a meaningful and interactive way. This convergence of gaming and NFTs is poised to reshape the future of entertainment and digital ownership.”
According to Dappradar statistics, Taki Games has expanded by more than 3,000% after making the switch to Web3 gaming, placing it among the top 15 dApps on Polygon in terms of unique active wallets (UAW) and in the top 70 on all blockchain networks. Additionally, as of mid-February, TAKI’s trading volume averaged over $13 million per day, up from as low as $300,000 per day at the end of 2023. Additionally, according to Google Play, the company’s mobile application has been installed on over 5 million Android smartphones.
With over a million TAKI already purchased back and burnt, Dune claims that the remarkable expansion of Taki Games’ network offers practical evidence of the robust foundations of its Takinomics economic model.
Another illustration of the fascinating possibilities that the combination of Web3 and conventional gaming will bring up is the partnership between Two3 Labs and Taki Games. The incorporation of digital assets into gameplay has the potential to increase engagement and provide value for all parties involved in the gaming business as it seeks new avenues for expansion. This might usher in a new era filled with chances for video game enthusiasts.
