Overtake Announces New Rewards for TAKE Token Holders

Key Points:
  • Overtake introduces a new rewards program for TAKE token holders.
  • The initiative aims to enhance user engagement through incentivization.
  • Potential impact on the cryptocurrency market, particularly for the TAKE token.
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Overtake Launches Rewards Program for TAKE Token Holders

Overtake launched its native token, TAKE, on August 25, 2025, listing simultaneously on major exchanges like Binance, MEXC, Coinone, and Momentum Finance to build momentum for its gaming asset platform.

MAGA

TAKE’s launch signifies a move to connect the $55 billion digital goods market to Web3, offering staking and trading rewards, sparking significant interest and market engagement.

Overtake, a peer-to-peer marketplace for game assets, has launched a rewards program for holders of its native token, TAKE, aiming to incentivize staking and trading activities. This development aligns with the company’s Web3 integration efforts.

Led by a team with experience in game asset trading, Overtake’s initiative seeks to enhance user engagement through this new rewards framework. Confirmed features include rewards connected to platform activity, though no specific “Transaction Activity” program has been named.

“Overtake’s primary goal is to connect the $55+ billion digital goods market to Web3, aiming to establish a liquidity hub spanning on-chain and off-chain, directly linking marketplace growth with token economics to return real usage value to token holders and the broader community.” – Overtake Team, Spokesperson, Overtake

The introduction of the rewards program is set to impact the cryptocurrency market, particularly around the TAKE token, which experienced a significant price increase shortly after its initial listing. Investors and the gaming community are closely watching its performance.

This move by Overtake highlights a strategic attempt to bolster token utility and appeal. By rewarding active participation, the company hopes to create a positive feedback loop that benefits both users and the broader market.

While on-chain flows and total value locked (TVL) remain undisclosed, active engagement with Binance and other major exchanges indicates robust liquidity management. This positions TAKE for potential growth amid volatile trading environments.

The rewards program could lead to increased trading volume on supported platforms, potentially improving liquidity and price stability. Historical trends from similar crypto projects suggest a need for sustained engagement to prevent speculative bubbles. Such outcomes depend heavily on user adoption and execution.

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