Overtake ‘TAKE’ Token Begins Full-Scale Distribution with Simultaneous Global Listings
– TAKE is now listed concurrently on Momentum Finance, a decentralized alternate within the Sui ecosystem, in addition to main centralized exchanges Binance Alpha, MEXC, and Korea’s Coinone.
– The token economic system adopts a market income–sharing construction to return worth to the ecosystem, pursuing a “wholesome and sustainable” token mannequin.
SINGAPORE, Aug. 26, 2025 /PRNewswire/ — OVERTAKE, a P2P market for sport property, introduced that it has begun full-scale distribution of its native token, TAKE, by a simultaneous world itemizing. TAKE was listed on Momentum Finance, a Sui-based decentralized alternate, alongside main centralized exchanges Binance Alpha, MEXC, and Korea’s Coinone.
Overtake’s major aim is to attach the $55+ billion digital items market to Web3. The mission is supported by well-known companions within the sport merchandise P2P buying and selling house—akin to ItemBay and ItemMania—whose companies attain roughly 30 million avid gamers worldwide with an annual transaction quantity of about $700 million. Constructing on this basis, Overtake plans to ascertain a liquidity hub spanning on-chain and off-chain, straight linking market progress with token economics to return actual utilization worth to token holders and the broader group.
Overtake is a P2P market constructed on the Sui blockchain that leverages multisig smart-contract escrow to allow protected, low-fee buying and selling of sport gadgets, accounts, and in-game currencies. With prompt USDC settlement upon commerce completion, social login, and gas-fee sponsorship, the platform delivers a “Web2.5” consumer expertise aimed toward bringing actual Web2 gamer demand on-chain along with current Web3 customers.
Seunghwan Oh, CEO of Overtake, stated: “In contrast to many Web3 tasks, Overtake combines current demand for sport merchandise buying and selling with on-chain possession and escrow to create new worth and appeal to new customers as a revenue-oriented mission. By establishing a revenue-sharing construction primarily based on transaction charges, we have constructed a more healthy, extra sustainable token mannequin. We sit up for what’s forward.”
The TAKE token economic system facilities on increasing actual market utilization and rewarding the group. It offers incentives for ecosystem contributions akin to buying and selling, evaluations, and verification, and—mixed with escrow operations that reduce consumer disputes—goals for a mannequin during which merchants, the platform, and sport studios are every rewarded in proportion to their contributions.
Going ahead, Overtake will increase commerce classes, onboard accomplice video games, and improve region-specific fee and settlement options to concurrently develop liquidity, buying and selling quantity, and its consumer base.
[Reference Page Links]
▶ Overtake homepage: https://overtake.world
SOURCE OVERTAKE LABS PTE.LTD.
