Wemade Tree Invests in Metaverse Specialist Developer 'Prenchly'
[Asia Economy Reporter Bu Aeri] Wemade's blockchain subsidiary Wemade Tree announced on the 31st that it has invested in the metaverse specialized developer 'Prenchly.'
Prenchly was founded by CEO Park Jin-seok, a founding member of Neowiz and former CEO of Bluehole School, the developer of 'Terra M.'
Prenchly aims to realize a new concept 'Zetaverse' focused on Generation Z. It is developing 'Tangle,' an IRL (In Real Life) communication platform that builds and connects schools worldwide online.
The two companies plan to develop a broad business partnership for various metaverse projects promoted by Wemade.
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Kim Seok-hwan, CEO of Wemade Tree, said, "We expect the solid business model and vision established by Prenchly to develop sufficiently into a global metaverse platform," adding, "We will do our best to establish a continuous cooperative system between the two companies and provide innovative services."
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