Darius Baruar
June 3, 2025 06:20
Overstake launches a beta for the SUI -based P2P trading platform to provide gamers with an efficient and safe deal with reduced fees. This new market aims to revolutionize digital game items.
Overtake has released a beta launch of an innovative peer-to-peer trading platform specially designed for gamers by utilizing the SUI block chain to revolutionize digital game items and character transactions. According to the SUI Foundation, the beta stage aims to solve the limitations of the existing Web2 Marketplace by providing more efficient, safe and cost -effective solutions.
Improvement of trading experience
The overtaking platform is trying to simplify game asset transactions using SUI’s blockchain function. This approach greatly reduces transaction fees (up to 90%) and simplifies user experience. The design of this platform allows immediate transactions thanks to the high parallel processing of SUI’s traffic, providing a perfect experience similar to the existing market.
Solving market problems
Traditional game markets often impose high fees and complex processes to prevent users. Overtaking aims to change this by providing a safe environment for gamers to trade items and accounts, not just trust. The platform developed by the teams of itembay and itemmania uses programming logic to promote unreliable transactions, strengthen security, and reduce costs.
Beta test and initial success
Closed beta phase includes an innovative escrow system test that ensures safe transactions without centralized intermediary. When the transaction begins, the buyer’s funds are secured by a multi -signing smart contract, which requires the key to buyers and sellers. The system is expected to allow efficient dispute resolution, significantly reduce transaction fees, and fall to less than 1%.
During the initial 10 days of beta test, the platform participated from 30 sellers, and USDC’s trading volume exceeded $ 30,000. This activity, which is monitored through suiscan, emphasizes the low gas fee and efficient transaction processing of the platform.
Future prospect
In the future, we are planning to expand the market appeals to potential customers around the world by integrating encryption and money call options. Cooperation with Game Studios is also on a horizontal line, with more game elements to OnChain and aimed to improve the player’s ownership of digital assets. This initiative changes the game environment to provide players with new levels of participation and value.
The P2P market, driven by Sui Technologies, promises to finance player interactions so that the Plerifor Trading can be easily accessible and compensated.
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