Overtake Launches Blockchain Marketplace on Sui Network for In-Game Trading
Overtake, a new blockchain-powered marketplace, has launched on the Sui network. It's designed for web2 and web3 gamers to trade in-game items, currencies, and digital collectibles. The platform aims to reduce costs and enhance security compared to traditional item-trading platforms.
Overtake's key feature, TakeShop, enables users to create personalized storefronts, display and sell digital assets, and incorporate reward mechanisms. Multiple payment options are available to cater to various user preferences.
The platform plans to introduce TAKE tokens to encourage user engagement and reward loyal users. This move aims to foster a sense of shared ownership among the community.
To boost liquidity and efficiency, Overtake plans to integrate AI agents for automated price discovery. The marketplace's escrow system uses a two-out-of-three key approach involving the buyer, seller, and Overtake to minimize fraud and disputes.
Overtake's leadership team brings experience from traditional digital marketplaces like ItemBay and ItemMania, influencing the design of the blockchain-powered platform. This expertise has led to a significant reduction in transaction fees, more than halving those of older item-trading platforms.
Overtake's launch on the Sui network offers a new, secure, and cost-effective way for gamers to trade digital assets. With its innovative features, AI integration, and experienced leadership, the platform aims to revolutionize the in-game item marketplace.
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