Wemade Unveils Self-Developed Mainnet ‘Wemix 3.0’... Full-Scale Ecosystem Construction Begins

[Asia Economy Reporter Seungjin Lee] Wemade is set to actively build a mega ecosystem centered on its new mainnet ‘Wemix 3.0’ and the 100% fully collateralized stablecoin ‘Wemix Dollar.’ The plan is to develop new platforms and services that combine a powerful mainnet with a stablecoin protocol, enabling Wemix partners to directly contribute to the growth and expansion of the ecosystem.

Wemix 3.0 … Securing Decentralization, Security, and Scalability

On the 15th, Wemade unveiled its self-developed mainnet Wemix 3.0 through a global showcase. Wemade explained that Wemix 3.0 fully meets the core requirements of blockchain networks?decentralization, security, and scalability?through the adoption and advancement of various technologies and collaboration with verified global partners.

Wemix 3.0 operates stably through 40 decentralized nodes (server participants). It is designed to securely protect the network from external threats. Additionally, from the planning stage, it was developed as a public chain aimed at flexible integration of blockchain services such as gaming and decentralized finance (DeFi) into the network.

Wemix 3.0 will open its testnet starting July 1 and will be officially launched after thorough system verification.

In particular, Wemade will issue the 100% fully collateralized stablecoin ‘Wemix Dollar.’ Wemix Dollar is 100% backed by safe assets such as USD Coin (USDC) and fiat currencies equivalent to the amount issued. It will also be transparently operated with internal control mechanisms required for listed companies to enhance stability and trust.

With its stability, Wemix Dollar will be used as the base currency within the Wemix 3.0 ecosystem, serving as a store of value, unit of account, and medium of exchange. The Wemix coin will be used as a utility coin mediating various currencies within the Wemix 3.0 ecosystem.

Expanding the Ecosystem through Gaming and Financial Platforms

Wemade introduced three platforms that will be the main pillars of the Wemix 3.0 ecosystem growth: Wemix Play, NILE (NFT Is Life Evolution), and Wemix DeFi. These three platforms will serve as practical use cases for Wemix and Wemix Dollar.

Wemix Play aims to be the world’s largest blockchain gaming platform. It features a structure where players can enjoy multiple games on the Wemix game chain and reinvest their earnings into other games.

NILE is a platform that enables the creation, activation, and management of various DAO (Decentralized Autonomous Organization) projects such as concerts, art exhibitions, sports events, on- and off-chain investments, and real estate businesses. Based on the Nate Protocol and smart contract system devised by Wemade, it allows the formation of independent communities that operate transparently.

Wemix DeFi, the decentralized finance service, is a fully on-chain platform supporting the storage, exchange, lending, payment, and investment of crypto assets. Wemix DeFi is connected to the stablecoin Wemix Dollar to facilitate transactions.

Jang Hyun-guk, CEO of Wemade, said, “Wemix, already verified as a blockchain gaming platform, aims to advance into an expanded Wemix ecosystem with its own mainnet Wemix 3.0. Wemix 3.0 will not only build a stable economic system based on stablecoins but also expand its scope into gaming, DAO+NFT, and DeFi, while securing the fundamental competitiveness of the mainnet in the future.”

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