This project is quite interesting. Although it's a peer-to-peer trading platform on SUI, its main focus is on trading traditional game accounts and items. Based on its previous funding and exchange listings, it's likely a South Korean project. The traditional game trading market has always been a huge market. In China, there are platforms like Crab, TradingCat, Krypton, 373, and 5173, with a market size in the hundreds of billions and profit margins around 10%. As a major gaming nation, South Korea's market is likely even larger. Furthermore, OVERTAKE's parent company, B&M Holdings, and its sister company, ItemMania, are both companies with stable revenue in the gaming industry, meaning that OVERTAKE isn't relying on issuing tokens to exploit users for profit. Another coincidence is that our company collaborates with several domestic game trading platforms, most of which are gradually launching game top-up services. It seems that $TAKE is also a transaction platform, and it has a natural advantage in payment within the Web3 space. If $TAKE could also establish a game recharge business, its revenue would likely increase even further.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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