Cryptocurrency, which caused the investment craze in 2021, has lost momentum this year. In particular, amid growing anxiety over the entire cryptocurrency market due to the insolvency and bankruptcy of blockchain companies triggered by the sudden plunge of Terra Protocol, which was considered a promising project, financial authorities around the world are also preparing related measures.

Although the industry is suffering a lot, there are also expectations that the current situation will keep the market healthy in the long run. Moreover, despite various internal and external unfavorable factors such as increased volatility in investment financial markets, inflation, and war, the launch and development of platforms by promising blockchain-based games or fintech technologies are drawing attention.

■ Wemade launches blockchain game platform ‘Wimix Play’

Wemade recently released its blockchain game platform “WEMIX PLAY” in the global market. WeMix Play is characterized by maximizing user convenience by providing various key information and functions such as game hubs, token market capitalization, token swap, auction, and staking programs.

Users can purchase game-related items with cryptocurrency or trade NFT (alternative token), and “Play & Earn” is also available to reinvest the rewards acquired through games.

Wemade also released a test net for its own blockchain Mainnet Wemix 3.0. Wemade plans to conduct various tests to copy the mainnet protocol to the testnet environment to discover and correct all potential threats or loopholes in the protocol, and to open the mainnet after the test is completed.

“Game is the most important utility of blockchain and cryptocurrency, and WeMix Play will become an open blockchain game platform,” said Jang Hyun-guk, CEO of Wemade. “WeMix 3.0 will also grow into the top mainnet, focusing on fully open services and platforms.”