• TAKE has been synchronized and launched on the Sui ecosystem decentralized trading platform Momentum Finance, as well as centralized trading platforms Binance Alpha, MEXC, and South Korea's Coinone.

• The token economy adopts a "market revenue sharing" mechanism to return value to the ecosystem, aiming to create a "healthy and sustainable" token model.

The P2P game asset trading platform OVERTAKE has announced that its native token TAKE has begun full distribution and has been launched on multiple trading platforms globally. TAKE is listed on the Sui ecosystem decentralized trading platform Momentum Finance, as well as on mainstream centralized trading platforms such as Binance Alpha, MEXC, and South Korea's Coinone.

Overtake's core goal is to bring the digital goods market, which exceeds $55 billion, into Web3. The project is supported by well-known platforms in the P2P trading field of game items, ItemBay and ItemMania, which serve approximately 30 million players with an annual transaction volume of about $700 million. Based on this foundation, Overtake plans to create a liquidity hub that encompasses both on-chain and off-chain, directly linking market growth with the token economy to bring real use value to token holders and the broader community.

Overtake is built on the Sui blockchain, utilizing multisig escrow to ensure secure, low-fee transactions of game items, accounts, and in-game currencies. The platform supports instant USDC settlement after transactions, social account login, and gas fee payment, striving to provide a "Web2.5" user experience that bridges Web2 and Web3, attracting traditional Web2 players to the blockchain while serving existing Web3 users.

Overtake CEO, Seunghwan Oh, stated: "Unlike many Web3 projects, Overtake combines existing game item trading demands with on-chain ownership and escrow mechanisms to create new value and attract new users in a revenue-oriented manner. We have built a healthier and more sustainable token model through a revenue-sharing mechanism based on transaction fees. We are very optimistic about our future development."

The core of the TAKE token economic system lies in expanding real market usage and giving back to the community. It provides incentives for contributions to the ecosystem, such as trading, evaluation, and verification, and combines escrow mechanisms to reduce user disputes, ultimately forming a model where traders, platforms, and game studios share returns based on contributions.

Looking ahead, Overtake will expand the types of traded goods, integrate more cooperative games, and strengthen regional payment and settlement functions to simultaneously promote the growth of liquidity, trading volume, and user scale.

This article is from a submission and does not represent the views of BlockBeats.

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