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Home»Blockchain»South Korean gaming giant Wemade will double its bet on blockchain-based social communities
Blockchain

South Korean gaming giant Wemade will double its bet on blockchain-based social communities

2025-01-04No Comments2 Mins Read
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South Korean game developer Wemade wants to bridge the gap between gaming and blockchain by introducing new decentralized communities in 2025.

South Korean gaming giant Wemade apparently has big plans for 2025, which will focus on new blockchain services and social communities. In an interview with Maeil Business Newspaper, Wemade’s CEO Park Kwan-ho called 2025 a potential “turning point” for the company, which aims to merge gaming and blockchain in a way that opens up “new possibilities” in the global market.

Park again praised blockchain, saying its “transparency and unusability of data” make the technology perfect for building trust in virtual services. “We will focus on building new social communities in areas where trust is needed, by taking advantage of the unusability of data,” he added.

You might also like: Ex-Wemade CEO Indicted for Fabricating Wemix Token Data

Wemade has already launched web3 platforms like WeMixPlay, a blockchain-based gaming hub, and WePublic, which allows users to create and operate decentralized autonomous organizations. Park said the company now wants to make WeMixPlay a global go-to for gamers and use WePublic to drive blockchain adoption. However, specific details about the features of these blockchain-powered communities or a timeline for their launch remain unclear.

Wemade has been working on blockchain for a while now. In late 2023, the Seongnam-based company partnered with Singapore’s Whampoa Digital to launch a $100 million Web3 fund, which focused on blockchain gaming projects, mainly in the Middle East. Former CEO Henry Chang called the partnership an opportunity for both parties to share expertise and deepen their understanding of blockchain technology.

See also  Retail Trading Giant Robinhood Lists Newly Approved Spot Bitcoin (BTC) Exchange Traded Funds

Read more: South Korean lawmaker is under investigation for suspicious crypto transactions

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