Friday, 19 July 2024

Crypto News

Taki DAO partners with Flowdesk to enhance TAKI liquidity

Taki DAO partners with Flowdesk to enhance TAKI liquidity

  • Taki DAO says the partnership with Flowdesk will help supercharge liquidity for TAKI, the native token of the Taki Games ecosystem.
  • The partnership follows TAKI’s expansion to Polygon in December. 

Taki DAO and Flowdesk, a full-service digital asset trading technology firm with market making and OTC services, have announced a key partnership that will see the latter extend its market making services to the TAKI token.

The integration means Flowdesk now provides liquidity for TAKI, the native token of the Taki Games Network. TAKI powers Taki Games’ rewards across its ecosystem of popular mobile games, Taki DAO announced on Thursday.

“Taki Games is on a mission to bring gaming’s 3B users and $200B in revenues on chain, which means that liquidity is crucial to absorbing increasing sizes of TAKI purchases to power our rewards system. We’re excited to see Flowdesk partner with the TAKI DAO to help make this system more seamless for our users, and to serve as a model for the rest of the gaming industry,” Weiwei Geng, the CEO of Taki Games, said in a statement.

Taki Games eyeing greater liquidity for TAKI

Amid its quest to grow TAKI liquidity across its ecosystem, Taki Games recently partnered with Polygon based DEX platform QuickSwap. 

In December, Taki Games announced its TAKI token was expanding to Polygon. The expansion featured a new native token and redesigned tokenomics. Taki said this move would see the mobile gaming network tap into the broader Web3 gaming, with users benefiting from new TAKI rewards.

Taki Games also announced a merger with Unite as well as revealed the acquisition of multiple gaming studios.

The partnership with Flowdesk adds to this effort, with the trading technology provider’s liquidity now key to Taki Games’ expansion plans for Web3 gaming. Taki DAO says increased demand and adoption of Taki Games has pushed TAKI token volumes higher. TAKI trading volumes surpassed $13 million in early January.

TAKI traded at $0.017 at the time of writing, having surged by more than 3% after the news to reach highs of $0.018. TAKI is up 85% in the last 30 days. The token reached an all-time high of $0.2948 in April 2022.

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