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Tag: Saad Rizvi

  • Taki launches staking feature & advanced creator benefits to its over 650K users

    Taki launches staking feature & advanced creator benefits to its over 650K users

    Mumbai: Taki, the global web3 social media network, has launched its staking feature after surpassing a milestone of over 6,50,000 users. Built on the Solana blockchain, Taki will now enable all of its users to earn rewards by locking up some of the tokens they own for a set amount of time. Furthermore, the platform is preparing to introduce new features that will allow creators to earn exclusive sign-up benefits that will boost their earning potential.

    As a significant advancement, Taki now allows its users to stake using the $TAKI token. To begin staking, users need to have the tokens in their Taki wallet. People will be able to choose how long they want to stake their tokens from a list of predefined time periods. Users can redeem the stake of both the original tokens and additional earned rewards once the staking period is complete. Taki users will initially have one active stake per token. The platform is working on future plans to build even more rewarding staking opportunities that will be available to the most active users.

    Taki co-founder Sakina Arsiwala said, “We are witnessing an active rise in the demand for Taki tokens in web3. In support of the growing number of content creators on the platform, we are constantly adding utility and value-driven features for participants. With this staking feature, we are working towards supporting monetisation opportunities and bringing higher value benefits to the users.”

    A global token-powered social network, Taki is a platform where everyone can earn a daily income by simply posting content and chatting with others about things that interest them. As a part of its latest update, Taki will now allow users to earn a $TAKI token on every post, adding to their higher daily earning levels.

    SuperLayer venture partner Saad Rizvi said, “This is a very crucial update for all of us at Taki as it reflects our ultimate vision to build a creator-focused platform, where people posting content are financially rewarded without depending on advertisers. These new innovative platform features increase the value for users who are engaging with social media in a web3 environment.”

    Taki social network participants will also get a unique invite link, especially made for creators to bring their audiences to Taki, where everyone can earn. Creator accounts will receive higher visibility for their content by qualifying for the list of Taki’s top users on the leaderboard, including opportunities to be in the top feed. Anyone who wants to start their own creator account can fill out the form here.

  • Taki introduces official app on Google Play Store to improve user experience

    Taki introduces official app on Google Play Store to improve user experience

    Mumbai: Global web3 social networking platform Taki has announced the launch of its Android app to further boost its expansion. This development comes at a time when Taki claims to have surpassed the milestone of having half a million users globally. Taki is aiming to further increase its audience by making its services more accessible and user-friendly. With the launch of its Android app, users can access their Taki account on Android smartphones. As part of this, Taki has released important features to improve the user experience. These features strengthen the platform’s security and make it simple to follow the movement of user coins, known as $UCOIN.

    Taki co-founder Sakina Arsiwala said, “Our constant endeavour to make our platform more user-friendly motivated us to introduce an Android app for Taki. We aim to provide our users with a platform that offers a streamlined user interface, a fast load time and the ability to customise the content.”

    Taki has introduced coin profile pages to track any user’s coin performance under multiple metrics such as the share of owners, annual percentage rate (APR), coins in circulation, the total number of supporters, etc. Another key addition is the new interface on Taki, which showcases a top coin leaderboard. It highlights the top 10 users who are holding the coins with the highest value against $TAKI over the previous seven days. Fellow community members and creators on the platform can now reward both a content creator’s post and the related comments with a gold Taki. Overall, it enhances the engagement level on the platform and provides additional motivation for community members to demonstrate appreciation for their favorite content creators’ posts.

    Taki is offering the opportunity for people to own their unique and desired $UCOIN (usercoin). They can now access Taki without delay to register before anyone else takes their desired name. A $USERCOIN will be created once a particular individual completes verification on the platform. The company claims over 4,68,541 unique user coins have been generated so far with an active user base of 5,59,705 active users.

    “Seeing such a positive response from the community has been rewarding. The user experience drives us to keep improving the product. We believe that Taki will be the first-of-its-kind in bridging the gap between the everyday internet user and Web3, especially with India’s ever-growing potential in the crypto ecosystem,” said SuperLayer Venture Partner Saad Rizvi.