- Tech Giant Microsoft, alongside Shinhan Asset Management and Kiwoom Securities, has participated in the investment round of Wemade.
- Wemade attracted KRW 66 billion, approximately $46 million in the investment round. The South Korean blockchain game developer is best known for The Legend of MIR series, Rides of Icarus, and MIR4.
- Wemade recently launched its dedicated blockchain network, WEMIX 3.0, along with a collateralized stablecoin, WEMIX, and DeFi protocol, WeMix.Fi.
Microsoft’s participation in Wemade’s investment is pivotal for the blockchain game developer and the Web 3.0 gaming industry as a whole. Institutional adoption could be a major driving force for the development of Web 3.0. It’s not clear how much of the $46 million investment can be attributed to Microsoft; however, the announcement still serves as progress.
WeMade’s Web 3.0 Ecosystem
Wemade is a South Korean game development company founded in 2000. MIR4 is their first blockchain game, based on their successful Legend of MIR series.
Wemade made its transition to Web 3.0 gaming in 2018 and is actively onboarding new games to its blockchain gaming ecosystem, WEMIX PLAY. The Korean…
