Wemix Foundation Announces Launch of 'Wemix Pay' Game Content Payment Service in Second Half of the Year

Wemade's overseas blockchain platform affiliate, WEMIX Foundation, announced on the 16th that it will launch the game content payment service WEMIX Pay in the second half of this year. However, WEMIX Pay will not be available in South Korea, where blockchain game operations are prohibited.

On the same day, WEMIX Foundation revealed this and disclosed the direction of the WEMIX and blockchain game business after the second half during the 'WEMIX Day' event held on YouTube.

WEMIX Pay refers to a service that allows payment for various in-game content using WEMIX Coin. Users can pay for game content using WEMIX Pay and receive rewards in the form of 'Prime Points' and 'Play Tokens.'

Prime Points are points that can be used to purchase VIP passes or non-fungible tokens (NFTs) within games, and can also be used for airdrops (free coin distribution) within the WEMIX platform and game pre-experiences. Play Tokens can be used to purchase collectibles or items within games. In addition to using WEMIX Pay, they can be obtained by exchanging with REFLECT tokens at a predetermined rate.

WEMIX Foundation also announced that it will start beta service for the blockchain game community platform 'WEMIX Play' in the second half of this year. WEMIX Play serves as a space where gamers and streamers share information about games and virtual assets, and users who contribute to the community or promote the WEMIX ecosystem externally also receive Play Tokens as rewards.

To enhance the value of WEMIX, WEMIX Foundation plans to use at least 4-5% of the fee revenue generated from WEMIX Pay to repurchase WEMIX.

WEMIX Play will sequentially integrate Wemade Group's in-house developed titles such as 'Legend of Mir' and 'Project M (tentative name),' as well as externally developed games like 'MetaToy Dragons Saga' and 'Crystals of Naramunz.'

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