Crypto Gloom

The blockchain game received $100 million in funding from Asian Studios.

Blockchain gaming strengthens despite ban in Korea

The South Korean government has continued to oppose blockchain gaming within its borders since early 2021, banning Five Stars as an example. Play to Earn NFT Game It was considered to encourage financial speculation.

Nevertheless, Wemade’s WeMix Play platform is playing a pivotal role in introducing selected blockchain games, such as the MMORPG Legend of Mir series, with a focus on tokenization. The company is also hosting its own gaming NFT marketplace.

The game developer is also actively involved in the development of the ‘Wemix Play Centre’, a dedicated commercial space located within Dubai’s DIFC Innovation Hub. Serving as a central hub for fostering collaboration and mentorship, the Center is specifically designed to support blockchain gaming companies and projects receiving grants from the Fund and foster cross-collaboration among participants.

As Wemade and Whampoa Digital lead the way in revolutionizing the future of gaming technology, the introduction of the Web3 Fund to support blockchain gaming marks a groundbreaking moment at the intersection of two dynamic industries.