An image of Wemix 3.0, the new live blockchain network developed by Wemade [WEMADE]

A picture of Wemix 3.0, the brand new dwell blockchain community developed by Wemade [WEMADE]

Wemade launched Wemix 3.0, its personal dwell blockchain community to attach blockchain providers, on Thursday.

The brand new dwell blockchain, in any other case often known as a mainnet, would be the bridge for Wemade’s three upcoming blockchain providers: the Wemix Play blockchain sport platform, the Nile non-fungible token (NFT) service and the WEMIX.Fi decentralized monetary (DeFi) service.

Previous to Wemix 3.0, Wemade’s blockchain providers have been operated on Kakao’s Klaytn community.

In tandem with the Wemix 3.0 launch, Wemade will difficulty new Wemix cash to be traded on Wemix 3.0. The present Wemix tokens will probably be renamed Wemix Traditional to distinguish them from the brand new cryptocurrency.

Wemix cash have misplaced greater than 80 % of their worth since hitting their peak in November 2021. The corporate’s inventory is down about 75 % this 12 months and fell 6.2 % in buying and selling Thursday.

The corporate reported a 32 billion gained ($22.4 milliom) loss within the second quarter on a internet foundation.

The cover of the Middle East edition of Entrepreneur Magazine featuring Wemade CEO Chang Hyun-guk [ENTREPRENEUR]

The quilt of the Center East version of Entrepreneur Journal that includes Wemade CEO Chang Hyun-guk [ENTREPRENEUR]

Wemade is talks with buying and selling platforms to permit Wemix Traditional homeowners emigrate their tokens to Wemix cash, the corporate mentioned. The corporate can even difficulty a brand new stablecoin named WEMIX$ on Saturday. It is going to be pegged to the USD Coin (USDC) digital greenback.

Wemade has been accelerating its world growth within the current months, particularly relating to its blockchain providers. The corporate is greatest recognized for its Mir massively-multiplayer on-line roleplaying sport (MMORPG) franchise.

The corporate opened a Dubai department final Could, a primary for a neighborhood sport firm, “a area with a vibrant blockchain neighborhood,” in response to Wemade. The brand new Dubai workplace and the present Singapore department will deal with blockchain initiatives, backed by the places of work in China, Japan and the USA.

Wemade launched its new blockchain MMORPG Mir M on June 23 in Korea, which will probably be launched globally later this 12 months.

“By placing all our efforts into blockchain expertise, we goal at changing into the worldwide open blockchain sport platform by default, enabling a whole bunch of latest video games to onboard our platform annually, and profit from blockchain expertise and our ecosystem even with out earlier information within the blockchain house,” Chang mentioned in an interview with the Center East version of Entrepreneur Journal.



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