All about Taki app, the crypto token reward-based social network

The new token-powered social network Taki seems to be headed for some serious market time on the crypto market especially since raising $3.45 Million to push it engage-to-earn offering.  

Functionally, Taki is similar to any other social network such as Facebook or Twitter: You post your deepest, mawkish quotes, rant about your ex, or write nasty bits about your job, or bother everyone with dank memes or comment on people’s post for no reason.

It’s raining Crypto, Crypto, Crypto

So, what’s the big deal if you use already Facebook and has a Twitter account you rarely use unless to check in on Elon Musk’s antics?  

This is the big deal: Taki actually rewards you with a crypto token, Taki or $TAKI, which is worth about $ 13.04 for about 200 Takis at the time of writing my first post on this blog (Yay!).    

On Facebook, you reward Mark Zuckerberg for using his product. Mr. Zuckerberg rewards you with likes and love for using his stuff. But, millions of Mars away, Taki rewards you with crypto tokens for using Taki.  

Of course, Taki also has ‘Like’ features if you are only in it for social validation but not cryptos.    

Only-by-invitation for now

I have been on Taki for about 12 days since an invitation came in on April 12 and they let me in after the waiting list got through. Taki has yet to be fully lunched — right now it’s invite-only. They are still taking in the mailing list but if you are interested, here's the invite link for you. So, if you hate queues and don’t want to be in the mailing list, I hope you join Taki. And I say you should join Taki!  

I don’t interact much on Taki but just do what normal humans do: Post status updates, and comment on others’ post and such Facebookery. My tokens are now worth more than Rs. 2, 000 (about $ 26.08). Oh, in case you are wondering, Taki is built on the Solana blockchain.

The fun part of Taki is the daily tasks token earnings: You make three comments on posts, give a Gold Taki to people whose post you like or post a status update etc., and you will be rewarded with about 10 Taki.

But that’s not all: You can create your own usercoin or $UCOIN, yes. When you register, you will be asked to create your own coin. You can either earn through the crypto token Taki, or your user coin. You can buy other’s usercoins and as their value increases, well, your earnings grow even more.  

Note: Just about a week or so ago, they were offering about 40 Taki for those completing their daily tasks, but now it’s down to about 10 Taki for it.     

The social network is so much fun due to its engage-to-earn system. I hope this works especially now that the media is reporting that Taki will be registering soon on crypto exchanges.  

Major players, major backers   

I think Taki holds much promise. In the early seed funding round, the crypto venture capitalist firms and investors that were a part of it reportedly included Coinbase Ventures, FTX Exchange, OKX Blockdream Ventures, Solana Ventures, Formless Capital, Gemini Frontier Fund, Luno Expeditions, Huobi Ventures, Kraken Ventures, and Roka Works, among others.  

The media reports that the company received product design and networking support from the crypto venture, SuperLayer. The crypto firm has also reportedly set aside a $2.5 million fund to bring in content creators and to promote better platform engagement.   

For those of you who might want to know Taki’s legit levels, SuperLayer is a crypto venture studio with backers including Paris Hilton, Nas, Michael Ovitz, Gary Vaynerchuk, Keisuke Honda, Anthony Pompliano, Packy McCormick, Joe Montana, Chris Dixon, Marc Andreseen, Yat Siu and Raghu Yarlagadda.

This is my first post on this blog and I will be writing more about Taki and cryptos in general.  

How do you join Taki?   

Here’s the invitation to Taki if you don’t want to be in the waiting list: Register directly.  

You can register, verify your account and you are in. Do follow me if you want tips how to earn more Taki.   

All the best to you.