Overtake's 「TAKE」 Token Initiates Full Distribution, Simultaneous Global Launch

2025-08-26 12:12

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Revenue Sharing-driven Health Token Model, Focusing on Real Market Value

· TAKE has successfully launched on the Sui ecosystem's decentralized exchange Momentum Finance, as well as centralized exchanges Binance Alpha, MEXC, and South Korea's Coinone.

· The tokenomics adopts a "Market Revenue Sharing" mechanism to reinvest value into 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 commenced full distribution and has landed on multiple exchanges globally simultaneously. Besides being listed on Momentum Finance, a decentralized exchange in the Sui ecosystem, TAKE has also been launched on mainstream centralized exchanges such as Binance Alpha, MEXC, and South Korea's Coinone.

Overtake's core objective is to bring the over $550 billion digital goods market into Web3. The project is backed by the prominent platforms in the game item P2P trading space, ItemBay and ItemMania, which together serve about 30 million players with an annual transaction volume of around $700 million. Building upon this foundation, Overtake plans to create a liquidity hub that spans on-chain and off-chain, directly linking market growth with tokenomics to provide tangible value to holders and the broader community.

Overtake is built on the Sui blockchain and utilizes a Multisig Escrow for secure, low-fee transactions of in-game items, accounts, and currencies. The platform supports instant USDC settlements post-transaction, social account logins, and gas fee coverage, striving to offer a "Web2.5" user experience bridging 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 the existing demand for game item trading with on-chain ownership and escrow mechanisms, creating new value and attracting new users in a revenue-driven manner. We have built a more healthy and sustainable token model through a transaction fee-based revenue-sharing mechanism. We are excited about the future of our development."

The core of the TAKE token economy is to expand real-world market utility and give back to the community. It provides incentives for ecosystem contributions such as transactions, evaluations, and validations, and combines a custody mechanism to reduce user disputes, ultimately forming a model where traders, platforms, and game studios share rewards based on contribution.

Looking ahead, Overtake will expand the transaction category, onboard more partner games, and strengthen regional payment and settlement functions to synchronously drive liquidity, trading volume, and user base growth.