WEMIX Price

Creator: Park Kwan-ho and Wemade’s Legacy

WEMIX was birthed from a vision by Park Kwan-ho, the founder and CEO of Wemade. Established in 2000, Wemade has a rich legacy in the gaming industry, having launched iconic titles like The Legend of Mir series—which alone captivated over 500 million players globally. In recognition of the transformative potential of blockchain technology in revolutionizing gaming, Park initiated the WEMIX project in 2019, further solidifying its position within the gaming ecosystem by merging its gaming expertise with blockchain functionalities.

Park’s forward-thinking strategy can be characterized as promoting “experiential blockchain,” where the complexities of blockchain technology are rendered seamless for users, allowing them to focus on enjoyment rather than intricacies. This ethos reflects a commitment to solving real-world user needs through the advantages that blockchain brings, integrating such solutions into the gaming experience.

Investors and Strategic Partnerships

The WEMIX initiative has garnered significant financial backing from an array of institutional and corporate investors, enabling its rapid evolution:

• Shinhan Asset Management and Kiwoom Securities have provided invaluable capital and insight from their extensive experience in financial markets.
• Microsoft plays a vital role in enhancing WEMIX's capabilities by contributing advanced cloud infrastructure and AI resources, aiding scalability efforts.
• A notable partnership with Whampoa Digital resulted in the establishment of a $100 million Web3 fund, specifically aimed at nurturing blockchain gaming and DeFi projects.

This proactive approach is further underscored by a recent investment in Elixir Games, a new Web3 gaming platform, which aims to foster collaborative titles and enhance gaming experiences while broadening WEMIX's influence in the global market.