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Reading: South Korean gaming giant Wemade to double down on blockchain-based social communities
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Your Crypto News Today > News > Crypto > Blockchain > South Korean gaming giant Wemade to double down on blockchain-based social communities
Blockchain

South Korean gaming giant Wemade to double down on blockchain-based social communities

January 3, 2025 2 Min Read
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South Korean gaming giant Wemade to double down on blockchain-based social communities

South Korean sport developer Wemade needs to bridge gaming and blockchain by introducing new decentralized communities in 2025.

South Korean gaming big Wemade apparently has massive plans for 2025, specializing in new blockchain companies and social communities. In an interview with Maeil Enterprise Newspaper, Wemade’s chief government officer Park Kwan-ho referred to as 2025 a possible “turning level” for the agency, in search of to merge gaming and blockchain in a manner that opens “new prospects” within the world market.

Park as soon as once more praised blockchain, saying its “transparency and inoperability of information” make the know-how excellent for constructing belief in digital companies. “We are going to concentrate on constructing new social communities in areas the place belief is required by exploiting the inoperability of information,” he added.

You may additionally like: Ex-Wemade CEO indicted for fabricating Wemix token knowledge

Wemade already launched such web3 platforms as WeMixPlay, a blockchain-based sport hub, and WePublic, which permits customers to create and function decentralized autonomous organizations. Park stated the agency now needs to make WeMixPlay a worldwide go-to for avid gamers and use WePublic to spice up blockchain adoption. Nonetheless, particular particulars concerning the options of those blockchain-powered communities or a timeline for his or her launch stay unclear.

Wemade has been within the blockchain sport for some time now. Again in late 2023, the Seongnam-based firm teamed up with Singapore’s Whampoa Digital to launch a $100 million web3 fund, zeroing in on blockchain gaming tasks, particularly within the Center East. Former CEO Henry Chang referred to as the partnership an opportunity for each side to share experience and deepen their understanding of blockchain tech.

Learn extra: South Korean Lawmaker underneath investigation for suspicious crypto transactions

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