WeMade is a blockchain business company headquartered in Seoul, South Korea. Its main business is games. Wemix is its chain game main network, and has released the main network stable currency WEMIX. WeMade is committed to the development of games on the chain, the main games are Bird Tornado, Rise of Stars and so on.
WEMIX tokens were first issued in October 2020 with an initial price of $0.13 and a total supply of 971,980,698. The current number of coins in circulation is 314,409,860, the current currency price is $0.55, the total market value is $173,453,797, and the FDV is $536,222,822. Since the token was issued, the token has risen by about 323%.
The main functions of the Wemix platform are Wemix Play, NILE and Wemix Defi. Among them, Wemix Play is a chain game platform, where users can trade game items and NFTs with virtual assets. The platform supports functions such as games, token exchange, auction pledge, etc. There are currently more than 300,000 players. NILE is a DAO on the chain. Community members have the ability to govern and achieve common goals through concerts, sports events, investments, etc. The main functions of Wemix Defi are defi businesses such as pledge, auction and lending.
WeMade was established in 2000, and its masterpiece "Legend" series is a phenomenal game in China's early netizen market. The controversy about WeMade is mainly due to the abuse of copyright and other phenomena. At the same time, WeMade’s behavior of selling WEMIX tokens to raise funds during the acquisition of Sunday Toz also led to the plunge of WEMIX tokens. The project’s vague information disclosure is its main risk.