[Asia Exclusive] Spotlight on the Movie 'Ready Player One'... The Future of Blockchain and Metaverse is Gaming

"Goal to Onboard 100 Blockchain Games on the WEMIX Platform"

Jang Hyun-guk, CEO of Wemade, is being interviewed on the 3rd at Wemade headquarters in Seongnam, Gyeonggi Province. / Seongnam = Photo by Kang Jin-hyung aymsdream@

[Asia Economy Reporter Seungjin Lee] Although blockchain technology and the metaverse (expanded virtual world) utilizing it are daily hot topics, their concepts remain ambiguous. The related market is also in its early stages, making it difficult to find a concrete form. Regarding this, Jang Hyun-guk, CEO of Wemade, emphasized paying attention to the 2018 movie "Ready Player One."

In "Ready Player One," people live by connecting to the virtual reality (VR) game "Oasis." The moment anyone puts on a VR headset and connects to Oasis, they can take any form they want and do whatever they desire, using the wealth earned there in the real world as well. This movie has recently regained attention as the metaverse became a hot topic, and the public focused on VR devices that help make virtual reality indistinguishable from reality.

CEO Jang explained, "For those who have seen this movie, I recommend watching it again from an economic perspective without the VR devices. You can understand why people spend most of their time in the virtual reality world, and it gives confidence that blockchain and the metaverse are an unavoidable future."

In the movie, people use the wealth acquired in the game in the real world by utilizing blockchain technology. It is noticeable that blockchain technology is applied to most invisible economic activities. This is also why CEO Jang is confident in the success of the WEMIX platform. Currently, the WEMIX platform is aligned with a virtuous economic cycle structured around three pillars: game production, cryptocurrency operation, and decentralized finance (DeFi).

CEO Jang plans to start expanding the ecosystem by increasing the circulation of the company's cryptocurrency, WEMIX. To do this, the goal for this year is to onboard 100 blockchain games onto the WEMIX platform. The plan is to increase the scale of the blockchain economy by increasing the number of games that use WEMIX cryptocurrency as currency within the platform. To achieve this, CEO Jang will personally meet developers overseas, including at the Game Developers Conference (GDC) held in the United States, as well as in the United Kingdom, Japan, and other countries, to explain and persuade them about the future of blockchain games.

CEO Jang said, "Among the 100 games to be onboarded to the WEMIX platform this year, more than 80 will be games from companies other than Wemade. Chinese game companies aiming at overseas markets with blockchain games also consider us a good partner."

CEO Jang emphasized that the current image Wemade is showing is only a very small part of what it will show in the future. He said, "Although we currently rank first in blockchain game sales and traffic, when blockchain games become active in the future, our current state will be only 1%. The mainstream of the market where the virtual economy is in full swing will be games, and WEMIX will play the largest role in the economy," expressing confidence.

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