The TAKE token is now available for trading on multiple platforms, including Momentum Finance, a decentralized exchange operating within the Sui blockchain environment. It is also listed on prominent centralized exchanges such as Binance Alpha, MEXC, and Coinone, a major Korean exchange.
The token’s framework incorporates a revenue-sharing structure, designed to channel value back into the Overtake ecosystem and promote a balanced and enduring token model.
Overtake, a peer-to-peer (P2P) marketplace specializing in digital gaming assets, has officially launched the widespread distribution of its dedicated token, TAKE, through coordinated listings across global exchanges. The TAKE token is currently trading on Momentum Finance, a decentralized exchange within the Sui network, alongside well-known centralized platforms like Binance Alpha, MEXC, and Coinone in Korea.
Overtake’s core mission is to bridge the substantial digital goods market, estimated at over $55 billion, with Web3 technologies. This initiative enjoys the backing of established players in the P2P game item trading sector, notably ItemBay and ItemMania. These platforms collectively engage approximately 30 million gamers worldwide and facilitate annual transactions totaling around $700 million. Overtake intends to leverage this existing infrastructure to create a unified liquidity hub connecting on-chain and off-chain environments. This approach aims to directly correlate marketplace expansion with token economics, providing tangible value to token holders and the broader community.
Built on the Sui blockchain, Overtake provides a P2P marketplace that uses multi-signature smart contract escrow for secure and cost-effective trading of in-game items, accounts, and currencies. The platform offers features such as instant USDC settlements, social login integration, and gas fee sponsorship, fostering a user experience reminiscent of “Web2.5.” This design seeks to onboard existing Web2 gamers alongside attracting the current Web3 user base.
Seunghwan Oh, CEO of Overtake, commented: “Unlike many Web3 projects, Overtake leverages the existing demand for game item trading, coupled with on-chain ownership and escrow functionality, to unlock new value and attract new users to a revenue-focused platform. By implementing a revenue-sharing model based on transaction fees, we have developed a more robust and sustainable token structure. We are excited about the future.”
The TAKE token ecosystem is focused on expanding real-world marketplace adoption and rewarding its community. It promotes active involvement through incentives for activities such as trading, providing reviews, and completing verification processes. By integrating escrow services to minimize user disputes, Overtake aims to foster a model where traders, the platform itself, and partner game studios are all fairly compensated according to their contributions.
Moving forward, Overtake plans to broaden its supported trade categories, integrate additional partner games, and refine region-specific payment and settlement options to drive growth in liquidity, trading volume, and overall user adoption.
▶ Overtake official website: https://overtake.world
Disclaimer: This information is for informational purposes only and does not constitute financial advice. Readers are encouraged to conduct their own independent research before making any investment decisions. We are not responsible for any losses or damages resulting from the use of this information.