Wemade to Enhance its Blockchain and Gaming Services in Strategic Partnership Space and Time
Wemade Co., Ltd. (KOSDAQ: 112040) has recently revealed an alliance with Space and Time. (SxT). Wemade will be able to leverage Space and Time’s decentralized array of developer resources to enable its blockchain and gaming offerings. Wemade Co., Ltd has a market capitalization of $1.4 billion and offers over 20 play-to-earn (P2E) titles spanning all disciplines on its blockchain gaming system WEMIX PLAY.
WEMIX PLAY is a component of the extensive environment that Wemade’s creator affiliate WEMIX is constructing. It encompasses its own mainnet WEMIX 3.0 which is fueled by the WEMIX token ( WEMIX/USD ) and provides a broad spectrum of offerings including NFTs and DeFi. WEMIX has just revealed intentions of releasing an Ethereum layer 2 that makes use of zero-knowledge proof (ZKP) to enhance scalability and user confidentiality and safety.
Wemade and Space and Time will work together on the forthcoming creation of a futuristic decentralized framework in order to facilitate a more resilient and scalable GameFi expansion.
Shane Kim, CEO of WEMIX, commented on the collaboration, stating, “We trust that blockchain is the future of gaming, providing gamers with increased influence and ownership over their digital possessions. As the blockchain evolution of conventional games continues to expand, the collaboration with Space and Time will bolster our blockchain backbone skills and add to our efforts to establish an intergame ecosystem.”
Space and Time provides a comprehensive set of coder tools on a decentralized platform. It offers coders with real-time, tamper-proof categorized blockchain information, a hybrid transactional and analytic (HTAP) information warehouse, and a serverless API portal to facilitate the streamlined development of entirely decentralized apps and a reduction in dApp time-to-market.
Queries operated in the Space and Time data storage facility are confirmed to be tamperproof since the platform’s new cryptography, Proof of SQL, permits smart contracts to operate tamperproof searches straight away, a factor that unlocks a fortune of strong use scenarios developed on blockchain technology and a completely decentralized stack.
Moreover, game developers utilizing Space and Time can unite real-time blockchain information with off-chain game-generated information via a single search and link its findings to smart contracts on the blockchain. Hence, Space and Time will permit Wemade to support more intricate revenue strategies for its P2E games, perform tamperproof analyses against the game action, and decrease on-chain storage expenses by attaching a scalable decentralized information repository to the blockchain-powered platform.