Based on my sincere experience with Overtake, I would like to add to the content.
In South Korea, platforms like Itemmania and Bae are not slow in settlement, but overseas trading platforms are said to be slow.
So the primary goal is to onboard overseas sellers to the market, not domestic ones.
The structure of overseas marketplaces is:
- Fees when trading
- Fees when settling
They take a cut twice, and the average fee is said to be 15%.
On the other hand,
Overtake has a 10% fee and rewards users with $TAKE when trading, which allows it to have an advantage as a marketplace.
[ Overtake, Take Profit ]
@overtake_world is a Sui-based game item marketplace.
Currently, there is a marketplace, but it is expected that features like shop, pay, and card will be introduced in the future.
Why was Overtake created?
According to existing item enthusiasts, the settlement period took 2 to 5 days. (I don't know since I haven't used it.) However, with blockchain, settlements can be done instantly.
The CEO of Overtake, @OVERTAKESH, has experience working at ItemBay/ItemMania in Web2 and operated a Web3 game studio before founding OVERTAKE in 2023. He created Overtake to solve the problems he experienced in Web2.
Recently, the price of TAKE has risen, and those who received it as a reward are now quite happy.
Season 2 will run until 9/25.
A total of 500,000 $TAKE will be allocated to the top 50 players (equally).
Based on $0.2 * 500,000 $TAKE = 100,000 USD.
*I was just daydreaming.
There is a 3-month vesting period, but why not?
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