OVERTAKE has been launched, creating a P2P market for game assets on Sui.
Virtual assets such as accounts, items, and game currencies can be freely traded. The platform features an escrow and instant withdrawal mechanism, allowing players to truly control their digital assets.
Unlike many Web3 games that rely on airdrops and short-term incentives to attract users, OVERTAKE has focused on trading from the very beginning.
The product is developed almost to the same standards as Web2 platforms: users can log in directly with an email or social account, purchase with credit cards, and Gas fees can be covered by the platform, making it accessible.
The price trend of $TAKE is also quite good, rising from $0.04 to $0.0857, peaking at $0.08883, and now stabilizing around the $0.07–$0.09 range, with trading volume still increasing.
Supported by Circle and Sui, up to 70% of the transaction fees will be used to buy back $TAKE. The target is to compete with the hundreds of billions of dollars virtual goods trading market in Web2, ensuring a smooth experience while placing transactions on-chain to guarantee safety and transparency.
It was listed on the Bonding Curve of Binance Web3 Wallet on August 25, and MEXC has also simultaneously launched spot and contract trading, continuing to monitor...