- Taki Games introduces liquidity pools on the Polygon network via Quickswap.
- Taki Games embraces Polygon for broader accessibility.
- The new pools facilitate trading and liquidity provision for TAKI tokens on Polygon.
This move is a strategic effort to enhance the utility and accessibility of the TAKI token, which is pivotal to Taki Games’ ecosystem.
Taki Games’ Strategic Move to Polygon
On Wednesday, January 17, Taki Games announced a new step in its expansion to Polygon, an Ethereum scaling blockchain. To support its expansion, Taki Games partnered with Quickswap, a prominent decentralized exchange (DEX) on Polygon, to launch TAKI liquidity pools.
These pools are designed to facilitate seamless transfers of TAKI tokens between the Solana and Polygon networks. This includes a dedicated liquidity pool for Taki’s bridged token and a TAKI/MATIC pool. Following this move, the TAKI token is now available on Quickswap, allowing users on the Polygon network to trade the token and participate in the liquidity pools.
Taki Games’ expansion to Polygon is a strategic move to reach a wider audience. While Polygon’s scaleability is comparable to Solana’s, its interoperability with Ethereum, the largest smart contract network, gives it a distinct advantage.
In fact, the project has already seen success on the Polygon network with its web3 social product, reaching 1 million users.
Taki Games Merges With Unite for Polygon Expansion
Taki Games’ expansion into Polygon was made easier by acquiring Unite, a Polygon-based Web3 gaming company known for its project Kungfuverse.
As part of this expansion and merger, Taki Games has invested $2.5 million in fiat and TAKI tokens to acquire two popular mobile games, “Bored Button” and “Mom’s Kitchen”. Moreover, Weiwei Geng, the former CEO of Unite, became CEO of Taki Games.
On the Flipside
- Solana is known for its high-speed blockchain and lower transaction costs. These features are particularly appealing for gaming applications.
- Polygon’s significance in gaming is largely due to its scalability features and compatibility with Ethereum. It enables faster and cheaper transactions than Ethereum, making it a popular choice for gaming applications.
Why This Matters
Following the merger, Taki Games’ expansion to Polygon emphasizes the importance of interoperability in blockchain. It showcases a growing trend where companies are not restricted to a single blockchain network, promoting a more interconnected digital ecosystem.
Read more about the technology enabling Taki Games’ bridge to Polygon:
What Is a Liquidity Pool? The Core Technology Behind DeFi
Read more about Solana’s latest venture into mobile tech:
Solana to Double Down on Saga Success With Second Smartphone