“The WEMIX platform aims to become the best open blockchain game platform in the industry, which any game developer can join, even without knowledge of Web3,” said Henry Chang, CEO of Wemade. “WEMIX3.0 will be the mainnet which offers the whole package. We want to keep building this momentum in order to become the best.”
Wemade disclosed its sales revenue of $131 million in the first quarter of 2022, while the operating profit and net profits are $6.5 million and $400,000, respectively. The numbers demonstrate the rapid growth of Wemade, with net profits increasing by a staggering 72% from last year.
One of the major reasons behind this success is WEMIX, a leading blockchain gaming platform powered by Wemade. Wemade recently added nine games to WEMIX, with the roster featuring hit titles such as Rise of Stars, Dark Eden M, and Crypto Ball Z. The company also unveiled the goal of servicing 100 games to the platform by the end of 2022, and that number is expected to grow exponentially in the second half of this year.
In addition, the company has made 22 investments in gaming and non-gaming projects in the various areas of blockchain in the first half of 2022. Wemade’s investment portfolio covers several different sectors including the metaverse, DeFi, machineFi, game development, digital content, and more.
Wemade, a lead investor of Old Fashion Research Group’s fundraising series, has invested in metaverse developer Envisible, digital content platform XXBLUE, multichain DeFi data aggregation and analysis platform Blockpour, and Cadenverse, a music-to-earn platform created by Vietnamese publisher Amanotes,SYGNUM, Spartan Capital, metavese for luxury fashion brands ALTAVA, among others.
Continuing efforts to grow its presence in the world of blockchain in the second half of the year, Wemade’s mainnet, WEMIX3.0, will launch during the third quarter of 2022. WEMIX PLAY, the company’s blockchain gaming platform, will have more features coming soon, such as easy-to-use game launcher, WEMIX PLAYER. Along with WEMIX PLAY, a DAO-based NFT platform, NILE (NFT Is Life Evolution), and WEMIX DeFi Service will from the mega-ecosystem of WEMIX 3.0. Soon-to-be-implemented WEMIX Dollar (WEMIX$), a 100% collateralized stablecoin, will become the basis of the entire platform.
To learn more about WEMIX3.0, please visit https://www.wemix.com/.
About WEMIX
WEMIX is a blockchain gaming platform developed by WEMIX Pte. Ltd, providing services including cryptocurrency wallet, decentralized exchange, NFT item marketplace, WEMIX staking and the game gateway. WEMIX Pte. Ltd is a subsidiary of Wemade, the developer and owner of “The Legend of Mir” IP, a highly successful game with over 500 million users.
About Wemade
Wemade is a pioneer in game development from Korea. Their focus is ever-shifting towards metaverse and blockchain (NFT, DeFi) technology with an emphasis on personalizing the gaming experience. Wemade strives to transform everyday games with blockchain technology and establish its WEMIX token as a key currency in the gaming industry.
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Wonhee Cho, on behalf of Wemade