Wemix Unveils Blockchain Gaming Environment Wemix3.0 June 15, 2022 June 15, 2022 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsJune 15, 2022 by Kelly Cromley

Wemix Unveils Blockchain Gaming Environment Wemix3.0

Wemix, a platform for blockchain gaming, made the announcement today that it has launched Wemix3.0, an ecosystem for blockchain gaming that is platform-driven and service-oriented. Wemix3.0 adds on the play-to-earn elements that were already available on the platform. These play-to-earn features allow gamers to earn money while playing games by selling the NFT-based products that they buy and upgrade.

The Wemade company is situated in South Korea, and its Wemix platform provides players with access to a library of high-quality video games. Some of the site’s most notable titles are Mir4 Global and Rise of Stars. Users are able to acquire non-fungible token (NFT) resources that can be converted into cryptocurrencies all while playing their favorite games, which is presented in the form of a P&E (play and earn) paradigm.

During a worldwide showcase, Wemix revealed new information about its upcoming version 3.0 of its platform, as well as WEMIX$, the network’s official stablecoin. The stability of the WEMIX$ market is ensured by the fact that they are issued via the 100% collateralization of US dollars and other fiat currencies. Wemix Play, NILE, and the Wemix DeFi Service are the focal points of the Wemix3.0 ecosystem. These are the three most important new features to the Wemix platform. Wemix Play is an expansion of the P&E phenomenon that uses a specified launcher to accomplish this expansion. Wemix Play will give a new, more practical method for players to pay with what they earn, which will enable them to increase their capacity to acquire extra resources while also enhancing their ability to play the game.

NILE (NFT Is Life Evolution) is a platform for on-chain decentralized autonomous organizations (DAOs) that enables members to access and utilize the facilitation of money, assets, and even other members using the Neith protocol. NILE is an acronym for “NFT Is Life Evolution.” This gives the residents of the community the ability to govern themselves and accomplish communal objectives such as hosting concerts, art exhibitions, athletic events, and other investments, among other things.

The Wemix DeFi Service is a platform for crypto-asset financing that is accessible anywhere inside the Wemix3.0 ecosystem. It provides a variety of services like highly protected on-chain swaps, staking programs, bridges, crypto bonds, chain-wide auctions, and WEMIX$ loans. The Wemix DeFi Service is a revolutionary innovation that will bring about a sea shift in the way assets are handled, moved, and used on the Wemix mainnet.

Henry Chang, CEO of Wemade, said “The release of Wemix3.0 is only the most recent illustration of how Wemix has solidified its position as one of the most successful gaming platforms operating inside the blockchain realm. Wemix 3.0 makes it possible for users to do more with the tokens they earn, and it is vital that we seek to discover fresh methods to empower members of the Wemix community.”

Wemix is a blockchain gaming platform that was built by Wemix Pte. Ltd. It provides a variety of services, such as cryptocurrency wallets, decentralized exchanges, a marketplace for NFT items, Wemix staking, and the game gateway. Wemix Pte. Ltd. is a wholly owned subsidiary of Wemade, the company that created and owns the intellectual property for “The Legend of Mir,” a massively popular online game that has over 500 million players.

Wemade, originating in Korea, was one of the first companies to make video games. The corporation is directing its attention more and more toward the metaverse and blockchain (NFT, DeFi) technologies, with a particular emphasis on customizing the game experience. Wemade is committed to using blockchain technology to revolutionize traditional games and establishing its own Wemix token as a preeminent form of payment within the gaming sector.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.