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OVERTAKE Vision Paper for Web3 Gaming Marketplace

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OVERTAKE Vision Paper for Web3 Gaming Marketplace

OVERTAKE publishes its Vision Paper detailing a smart contract-based web3 marketplace aimed at improving asset trading, ownership, and developer integration in crypto gaming.

By Eliza Crichton-Stuart author avatar

By Eliza Crichton-Stuart

Updated April 17th 2025

OVERTAKE Vision Paper for Web3 Gaming Marketplace

OVERTAKE, a company working quietly but steadily in the crypto gaming space, has released its Vision Paper, outlining its approach to improving digital asset trading through web3 technology. The company aims to introduce a smart contract-based marketplace that addresses current limitations in the asset trading process, offering a more secure and scalable alternative for players and developers alike.

About OVERTAKE

The core of OVERTAKE’s marketplace revolves around solving the fragmented and often risky nature of asset trading commonly found in web2 environments. By implementing a web3 escrow layer, OVERTAKE replaces the need for third-party intermediaries and manual trading methods. This approach allows for more secure, transparent transactions and establishes real ownership of in-game assets. The marketplace is intended to offer a consistent and reliable alternative that mitigates fraud and enables seamless user interaction across platforms.

OVERTAKE Vision Paper for Web3 Gaming Marketplace

OVERTAKE Vision Paper for Web3 Gaming Marketplace

Tokenization Through Publisher Collaboration

An important feature of OVERTAKE’s marketplace is its direct integration with game publishers. This allows in-game assets to be verified and tokenized at the source, ensuring authenticity and simplifying the trading process. By working closely with publishers, OVERTAKE creates a system where in-game items are not only secure but also transferable across compatible environments. This integration supports the broader vision of creating player-driven economies supported by verifiable digital ownership.

Developer-Focused Modular Infrastructure

OVERTAKE’s infrastructure is designed to be modular, allowing developers to incorporate marketplace functionality without building it from scratch. Using a combination of software development kits, APIs, and management dashboards, studios can plug OVERTAKE’s escrow, payments, and token features directly into their games. This makes the technology largely invisible to the end user while enabling developers to focus on gameplay and user experience. The intent is to encourage adoption by lowering technical barriers and aligning with existing game development workflows.

OVERTAKE Vision Paper for Web3 Gaming Marketplace

OVERTAKE $TAKE Token

Early Partnerships and Technical Innovations

To begin implementing its technology, OVERTAKE has partnered with the game Somnis: Rumble Rush. This collaboration involves building a marketplace that connects both to the Immutable blockchain and directly to the game’s backend. This setup allows for smooth integration between the game environment and web3 infrastructure. In addition, OVERTAKE is working with Sui to support the use of nested and dynamic NFTs, expanding the functional possibilities for in-game digital assets.

Focus on User Behavior and Scalable Adoption

OVERTAKE emphasizes the importance of building technology that aligns with user behavior rather than attempting to change it. The company sees convenience as a key factor in driving adoption, aiming to embed its marketplace functionality directly within games for a more seamless experience. This embedded approach is expected to result in higher engagement and conversion, as seen with similar initiatives such as the in-game Gigamarket by Gigaverse, which experienced a noticeable increase in trading volume after launch.

OVERTAKE Vision Paper for Web3 Gaming Marketplace

OVERTAKE More Info

Looking Ahead

As OVERTAKE continues to expand its partnerships and refine its technology, the company’s focus remains on improving the trading experience in blockchain gaming. By introducing a secure and modular marketplace solution, OVERTAKE is positioning itself as a foundational layer for web3 game economies. The company’s Vision Paper outlines a path forward that prioritizes user convenience, technical reliability, and industry collaboration.

Source: Raiden, Gaming Chronicles


Announcements

updated:

April 17th 2025

posted:

April 16th 2025

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