[Featured Stock] Wemade's New Game Allowing Virtual Asset Cash-Out Gains Global Popularity... Confidence in No-Rights Offering

[Asia Economy Reporter Hyungsoo Park] Wemade is showing strong performance. The mobile game 'Mir4,' which incorporates blockchain technology, is gaining popularity in overseas markets, coupled with news of a free capital increase.

As of 11:59 AM on the 31st, Wemade is trading at 99,700 KRW, up 21% from the previous day.

According to the gaming industry, Mir4, which started global service on the 26th, recorded a peak concurrent user count of 19,240 on 'Steam.' At launch, Mir4 operated with a total of 11 servers: 8 in Asia, 2 in Europe, and 1 in North America. Currently, it operates 38 servers in total: 20 in Asia, 4 in Europe, and 14 in North America. This is an increase of 27 servers, which is also more than the 27 servers for the domestic Mir4 version.

The global version of Mir4 applies blockchain technology such as NFTs and utility coins, allowing users to monetize game characters and black iron resources. Wemade stated that it is receiving more global attention than expected.

Wemade invested in 'Frencli,' a metaverse-specialized developer, through its blockchain subsidiary Wemade Tree. Frencli aims to implement a new concept called 'Zetaverse,' focused on Generation Z. It is developing 'Tangle,' an IRL (In Real Life) communication platform that builds and connects schools worldwide online.

Tangle is designed to be easily accessible regardless of nationality and plans to create a complete virtual space by establishing a unique blockchain economy for students. The service will start in Korea and the United States and plans to expand to global service within the year.

Wemade announced that it has decided on a free capital increase, allocating one new share for every one common share held.

This content was produced with the assistance of AI translation services.