Blockchain
Wemade Tree Announces Blockchain Platform ‘WEMIX Network’ and Game Lineup
On November 22, Wemade Tree, a subsidiary company of Wemade Co., Ltd., as its flagship blockchain gaming services arm, held a press conference announcing the launch of blockchain-based gaming platform “WEMIX Network”.
WEMIX Network is a platform for gaming dApps providing users with wallets and marketplace for digital assets (fungible tokens, non-fungible tokens). WEMIX Network envisions to nurture a blockchain gaming ecosystem with users’ “experiential value” at core, while existing blockchain gaming projects are focused on asset transfer.
Wemade Co., Ltd. is a gaming company serving the market globally for more than 20 years and publicly traded at Kosdaq (Korea Stock Exchange). The company holds more than 40 renowned game IPs including ChuanQi, the legendary triple A game in China, reaching over 500 million users.
Over the past 2 years, the company has designed and developed the infrastructure layer to address inherent issues in public blockchain of scalability and transaction fee. Tuned to the nature of gaming services handling millions of simultaneous users, gaming services will run on the private chain built in-house. Digital asset transfer among users will be executed on bridge chain. Once all blockchain transactions are recorded at the network’s block, they can be reviewed at the explorer, “WEMIX Scanner”. WEMIX Network’s platform token will be traded on public blockchain as an anchor currency.
Emphasizing User experience (UX) as one the most important drivers for mass adoption, WEMIX Network allows users to sign in with Google authentication. With a simple 2 step sign-in, users can start playing games while existing blockchain games require users to go through more than 10 procedures such as wallet download, private key generation, crypto purchase, etc.
With these features, WEMIX Network is set to go live in December. Quality of games, however, is what really sets WEMIX Network apart as a promising blockchain gaming platform. Wemade Tree announced 8 Wemade IP game titles for year 2020 which have millions of downloads combined, worldwide with more addition to be confirmed.
Getting a head start with 550 million gaming users from Wemade games, the company will release its in-house clicker Role Playing Game (RPG) titled “Cryptornado for WEMIX”. Followed by, Chuanqi H5 for WEMIX, Windrunner for WEMIX, Candy Pang for WEMIX, Everytown for WEMIX, My Secret Bistro for WEMIX, Touch Fighter for WEMIX, and Chuanqi Mobile for WEMIX.
“Every Wemade IP game that will be reborn into WEMIX Network’s game has a notable record of at least a few millions to over 10 million downloads,” said Shane Kim, CEO of Wemade Tree. “These quality games and low entry barrier of the WEMIX Network will enable mass adoption of blockchain games which have not been successful yet.”
SOURCE Wemade Tree
Blockchain
Digital Payment Gateway Market Industry Trends and Opportunities 2030, with Competitor Analysis for PayPal, Stripe, Adyen, Worldpay, Razorpay Software, Mollie, BlueSnap, Klarna Bank and Dwolla
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Blockchain
Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
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Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
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