WEMIXWEMIX (WEMIX) Price

1. Project introduction

Wemix is a blockchain ecosystem aimed at providing blockchain-based games and DApps with the infrastructure to run without barriers like high gas fees or low transaction speeds. The WEMIX is a ecosystem with 3 platforms:

(1) WEMIX PLAY: WEMIX PLAY is home to numerous P&E games and game coins derived from those games. It is a complete one-stop service-oriented entertainment hub. WEMIX PLAY also introduces WEMIX PLAYER, the official game launcher native to the platform. The vision behind WEMIX PLAYER is to empower gamers to 'Play' the game of their choosing to 'Earn' game coins which then can be used to 'Pay' for in-game purchases with earned game coins.

(2) The Neith Protocol: a programmable smart contract mechanism that enables the community to create, facilitate, and manage all aspects of potential projects including funding of the DAO, facilitation of the business or project, and distribution of profit.

(3) WEMIX DeFi service: supports stablecoin lending, on-chain swaps, crypto-asset bonds and auctions

2. Team introduction

Wemix is being developed by Wemade Tree, a subsidiary of Wemade that is dedicated to the blockchain business. Wemade is a publicly-traded South Korean video game developer based in Seoul that was behind the Legend of Mir RPG, which sold 500 million copies in China.

Wemade has over 10 subsidiaries like Joymax (developer of Wind runner) and Flero Games (developer of Every Town) and is a shareholder in several promising Korean game developing companies.

3. Application and distribution

Max. supply: 1,015,055,200

Token application:

(1) As medium of all trade activities, to complete purchases, receive reward for contribution to the platform, pay for B2B solutions such as advertising network.

(2) Used for crowdfunding, staking and airdrop

Token distribution:

Ecosystem: 74%

Private: 10%

Team: 9%

Marketing: 7%