Wemade Tree, the blockchain subsidiary of massive Korea-based gaming company Wemade, and Gala Games (Gala.Games), the fastest growing blockchain gaming platform in the world, have signed an MOU, agreeing to work together on current and future projects designed to promote worldwide growth and awareness of blockchain gaming. Using its WEMIX blockchain platform (wemixnetwork.com) which currently boasts the acclaimed Mir 4 Global and several other gaming titles that are popular throughout the world, Wemade Tree now plans to work together with Gala Games through cross-functional in-game items, NFTs and more.
The MOU of these two successful blockchain projects includes plans to integrate cross-utilization of in-game items on both platforms (WEMIX and Gala Games), and collaboration in non-fungible token (NFT) business development. Additionally, the two companies will work together to develop and run blockchain-backed games and cooperate on worldwide advancement of blockchain technology.
The joining of forces between these two companies has the potential to bring the empowerment of blockchain gaming to greater numbers of players worldwide than ever before. Both parties will work together in the near future to discuss the terms and conditions of these agreements, and both parties are confident that this cooperation will prove an incredible opportunity to reciprocally extend their reach throughout the world.
About Wemade
Wemade (KOSDAQ 112040) is a well-established game company with a global presence. Traditional businesses have revenue streams from game services and license fees for popular game titles (IP), including ChuanQi. Even though the game service itself is globally oriented, the current business environment is still very broken, relying on local players for publishing, marketing, and especially payment.
Using native platform tokens as a means of exchange opens up one truly global marketplace and enables borderless peer-to-peer transactions by connecting users from all over the world. This complements their existing business model as a global platform/service provider and provides more significant value to their game players.
Wemade Tree is a subsidiary of Wemade dedicated to the blockchain business. Wemade Tree will lead the blockchain space by leveraging the expertise and strength of the Wemade group.
About WEMIX
WEMIX is a blockchain-based global game platform developed by Wemade Tree as its flagship blockchain game service division. WEMIX is a platform for gaming dApps that provides users with a wallet and marketplace for digital assets (fungible tokens, non-fungible tokens). WEMIX wants to foster a blockchain game ecosystem with the “experiential value” of users as its core.
About Gala Games
Gala Games, founded by Eric Schiermeyer (co-founder of Zynga), is building the largest decentralized network of gamers in the world. Using blockchain technology and employing a wealth of experience from the professional gaming industry, Gala Games aims to empower players through ownership, an economy of rewards, and an unmatched gaming experience. Learn more at Gala.Games.
