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Cryptocurrency News Articles

Wemade Unveils New Strategic Direction and Game Lineup at Wemix Day

Jul 18, 2024 at 05:54 pm

South Korean outfit Wemade recently made several announcements as part of its Wemix day. Some key introductions included:

Wemade Unveils New Strategic Direction and Game Lineup at Wemix Day

South Korean gaming and blockchain firm Wemade unveiled several announcements as part of its annual Wemix Day, introducing new initiatives and updates to its Web3 gaming ecosystem.

Here's a summary of the key announcements:

* **Wemix Pay:** A new payment system for the Wemix platform that will reward users with "Prime Points" for each transaction. These points can be used to access VIP passes, NFTs, airdrops and other exclusive benefits. Scheduled to launch in H2 2024, Wemix Pay will also be integrated into major Wemix Play games to drive utility and demand for the platform's native token, WEMIX.

* **PLAY Token:** Another addition to the Wemix ecosystem is the PLAY token, which will be tied to actual in-game revenue and will only be minted when someone uses Wemix Pay. This token will be required to purchase certain items in games such as Night Crows. Once minted, the PLAY tokens will be burned and not recirculated in order to prevent inflation. Similar to Prime Points, PLAY tokens can also be earned through the use of Wemix Pay.

* **New Games and Strategic Direction:** These new and revamped features are part of Wemix's new strategic direction, which was announced ahead of Wemix Day. In essence, it entails a refocus from high-volume to fewer but more high-quality games. To this end, Wemade announced several new games, including the web3-native Legend of Ymir and an MMORPG from Mir4's developers called Project M, which are set to be released in late 2025 and 2026, respectively. Additionally, the popular RPG Crystal of Naramunz will launch on Wemix in early 2025, while Meta Toy DragonZ Saga will migrate from Immutable.

* **Wepublic Voting and Donation System:** Finally, Wemix will launch its "Wepublic" voting and donation system in 2025, enabling charitable organizations to raise funds by creating DAOs and engaging with the Wemix community.

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