OVERTAKE AMA Recap: Marketplace Expansion, Tokenomics, and What’s Next!
The OVERTAKE team recently hosted an AMA on March 6th featuring SH (CEO), KB (Head of Business Development), DW (Head of Community), and Larisa (Community Manager) to discuss the project’s progress, vision, and upcoming milestones. Here’s a recap of the key takeaways from the session!
🚀 OVERTAKE’s Journey So Far
- #1 on DappRadar: OVERTAKE has achieved the top ranking in the Marketplace category on DappRadar, reinforcing its growing presence in the Web3 ecosystem.
- New Narrative on X: The team has been pushing new narratives, aligning with their strategic pivot towards a digital asset marketplace powered by AI and blockchain.
- Landing Page Overhaul: A new landing page has been launched to reflect OVERTAKE’s evolving business model and prepare for the upcoming TGE (Token Generation Event).
🌍 OVERTAKE’s Vision & Direction
“Our vision is to create a safe and efficient marketplace for all digital assets. We’re starting with gaming assets, but our ultimate goal extends beyond just traditional marketplaces — we aim to redefine the digital asset economy.”
A key advantage for OVERTAKE is its affiliation with B&M Holdings, the parent company of three of the largest Web2 peer-to-peer gaming marketplaces (PlayerAuctions, ItemBay, and ItemMania). This gives OVERTAKE a huge strategic edge, allowing for seamless adoption and growth within a well-established ecosystem of millions of active traders.
🎮 What Happens to OVERTAKE’s Games?
- Somnis: Rumble Rush, Golden Guardians: Survivor, and The Red One (TRO) remain core parts of OVERTAKE.
- Given current market conditions, the team has temporarily adjusted its focus to ensure the most strategic opportunities are pursued first.
- After TGE, the community will have a say in the future direction of OVERTAKE’s gaming initiatives.
💎 $OVT Token Utility
The OVERTAKE token ticker has officially changed from $OVT to $TAKE, and will play a crucial role in the ecosystem:
- Payment & Fee Settlement: Used for transactions within the marketplace.
- Rewards: Incentives for trading and participation.
📅 TGE & Tokenomics Update
- Originally planned for March, TGE is now expected in April due to ongoing discussions with multiple exchanges.
- Tokenomics details will be revealed once the listing date is finalized.
💰 Staking Plans?
- Staking is on the roadmap, but the team is currently fully focused on TGE and the strategic pivot.
- Further staking details will be shared post-TGE.
🛒 When Will the Marketplace Be Fully Live?
- OVERTAKE is taking a phased approach to ensure seamless Web2-Web3 interoperability.
- The first phase will deliver a fully functional, tokenized P2P marketplace, integrating game items, accounts, and in-game currencies.
❓ What Happened to GG:S Season 3 Launchpool?
- Some adjustments were necessary to reallocate resources for the exchange listing process, launch pools, and Binance Wallet Campaign.
- Community rewards were not removed — just restructured for optimized distribution.
- The team remains committed to rewarding participants through various ongoing and future events.
🛠️ Genesis NFT Update
- The Genesis NFT was originally designed as a membership NFT for OVERTAKE’s gaming platform.
- With the shift towards a marketplace focus, its role is under review.
- Existing Genesis NFT holders will receive rewards, but additional utility is still to be determined.
💼 When Will OVERTAKE Reveal Its Full List of VC Investors?
- The funding round is nearly complete, with major investors involved.
- A big partnership announcement and an airdrop campaign are set to be revealed this March.
- Expect well-known names in the space to be part of OVERTAKE’s investment round.
🔥 What’s Next?
- Token launch in April
- Marketplace expansion with AI integration
- New airdrop campaign for community engagement
- More major partnerships to be announced soon
About OVERTAKE
OVERTAKE is at the forefront of driving mass adoption in the blockchain market by leveraging its affiliates’ extensive gamer base of over 30 million users and $1 billion in annual transactions. OVERTAKE is revolutionizing gaming with collaborative game creation by publishing high-quality games that empower creators and engage players like never before.
Learn more : https://overtake.world
