WEMIX unveiled its most recent updates and advancements during WEMIX DAY on July 16th, 2024. This special occasion featured an extensive video presentation showcasing significant changes and innovations within the WEMIX ecosystem, marking the beginning of a new era for blockchain gaming.
Focused on improving the sustainability of its ecosystem through the “Prioritize and Focus” strategy, WEMIX is spearheading a continuous transformation. Join us at WEMIX DAY as we disclose the future of the revitalized WEMIX ecosystem.
Watch the WEMIX DAY Video Presentation: YouTube Link.
At WEMIX DAY, several key initiatives and updates were introduced to drive the future growth and sustainability of the WEMIX ecosystem:
WEMIX PLAY
WEMIX Pay is an innovative payment method for purchasing game content using the WEMIX native token, set for release in the second half of this year. This feature aims to establish WEMIX as a robust utility token, seamlessly integrating into major WEMIX PLAY games and boosting the utility and demand for WEMIX. By using WEMIX Pay, users can earn PLAY Tokens and Prime Points, crucial for fueling the growth and sustainability of the WEMIX PLAY platform.
PLAY Token
A central component of WEMIX Pay is the PLAY Token, a cryptocurrency acquired through WEMIX transactions and directly tied to actual game revenue. Unlike other tokens issued in large quantities without practical use, PLAY Tokens are only minted when real game revenue is generated by WEMIX Pay. These PLAY Tokens are then burned and not circulated again to prevent inflation.
PLAY Tokens can be primarily obtained through WEMIX Pay transactions and exchanged for REFLECT Tokens at a fixed rate, providing consistent value and facilitating transactions within the ecosystem. Reflect Tokens enhance the liquidity and stability of the WEMIX platform, enabling users to convert their in-game earnings into a more stable form of currency usable across various WEMIX services and platforms.
Users can also earn PLAY Tokens as a reward for early sign-ups (pre-registration) and participating in various activities within the WEMIX PLAY gaming community, such as playing games, completing challenges, engaging with the community, or other in-game and platform-based actions.
Prime Points
Prime Points function as a mileage system within the WEMIX ecosystem, earned in conjunction with PLAY Tokens through WEMIX Pay. Accumulating Prime Points raises your level, unlocking exclusive benefits at each tier, including VIP passes, NFTs, airdrops, and early game access. Further details on earning Prime Points through various ecosystem activities will be released soon.
WEMIX Buy-Back
Designed as a virtuous cycle system, WEMIX Buy-Back allocates a minimum of 4-5% of WEMIX Pay revenue towards reducing supply and enhancing user benefits.
WEMIX PLAY Reborn: https://wemixplay.com
The WEMIX PLAY platform is undergoing a rebirth as a community-centric hub for blockchain games, where gamers and content creators can interact, share game strategies, enjoy memes, preview game art, and watch developer Ask Me Anything (AMA) sessions. The newly revamped WEMIX PLAY will launch in beta in the second half of the year.
Upcoming New Games on WEMIX PLAY
- Legend of Ymir: Based on Norse mythology, this game showcases realistic, dynamic character animations achieved through advanced facial expression and motion capture technology. It is scheduled for a global release in late 2025.
- Project M: Developed by the esteemed studio behind the legendary MIR series, this Web3 MMORPG builds on the legacy of blockchain games, MIR4 and NIGHT CROWS. It is slated for release after 2025.
- Meta Toy DragonZ SAGA: A collectible RPG where players collect and nurture unique toy dragons, expected to be released in the fourth quarter of this year.
- Crystals of Naramunz: An RPG set in a steampunk world with charming anthropomorphic characters. It is planned for an early 2025 release.
All games in the upcoming lineup will integrate WEMIX Pay, enhancing their utility and contributing to WEMIX Buy-Back resources, fostering a healthier ecosystem.
Wepublic: https://wepublic.com
Wepublic leverages WEMIX’s advanced blockchain technology to promote transparency in society. By utilizing blockchain, Wepublic enables transparent decision-making and fund flows. The platform’s SBT (Soulbound Token) based certification voting system ensures transparency by recording all decision-making processes on the blockchain. This innovative voting system has been successfully implemented in universities and religious institutions and will be accessible as an open platform by 2025.
Moreover, the blockchain-based Wepublic points system allows organizations to raise and use funds transparently without requiring external audits, sharing the fund flow with DAO members. The WEMIX donation feature, added last June, and the upcoming funding project service launching this August will assist various organizations in transparently raising funds for common goals.
Brioche Hard Fork
The recent Brioche Hard Fork saw approximately 434 million WEMIX burned and introduced a halving mechanism, reducing the amount of WEMIX minted per block by half. This marks the beginning of a healthier WEMIX ecosystem.
WEMIX: Committed to an Immersive Blockchain Gaming Experience
WEMIX remains dedicated to delivering an immersive blockchain gaming experience through targeted strategies. Our commitment to ushering in a new era for WEMIX promises many more innovations ahead. Pre-register now for the newly revamped WEMIX PLAY gaming community platform to receive PLAY Tokens, and stay tuned for details on the upcoming PLAY Token airdrop for community participants.
For more information, please visit www.wemix.com or contact: pr@wemix.com.
Source: WEMIX