Solana-Based Taki Games Launches Polygon Pools on Quickswap

Taki Games is launching new liquidity pools on Polygon with Quickswap, marking a significant step in cross-chain interoperability.

Taki Games fish swimming next to a Taki logo in a swimming pool.
Created by Gabor Kovacs from DailyCoin
  • 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.

The blockchain gaming industry is witnessing a significant transition, with Taki Games, originally Solana-based, bridging to the Polygon network

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

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
David Marsanic

David Marsanic is a journalist for DailyCoin who covers the intersection of crypto, traditional finance, and government. He focuses on institutionalized crypto entities like major cryptocurrency exchanges and Solana, breaking down complex topics into easy-to-understand writing. David's prior experience as a business journalist at various crypto and traditional news sites has enabled him to maintain a critical approach to news while adhering to high journalistic integrity standards.