What is WEMIX (WEMIX)?

WEMIX3.0, developed by South Korea-based gaming giant WEMADE, is a layer-1 blockchain platform that unites gaming, DeFi, and NFT ecosystems the core of the WEMIX under one roof. With EVM compatibility, high throughput (4,000 TPS), and developer-friendly tools, it provides a robust infrastructure for entering the Web3 world.

The platform stands out for its Play-and-Earn (P&E) model, enabling players to earn real economic value while playing games. In 2021, WEMIX launched the popular MMORPG “MIR4,” marking one of the first commercial successes in this space.

Table of Contents

Founders & Team

Developed by WEMADE’s blockchain-focused subsidiary, Wemade Tree
WEMADE CEO: Chang “Henry” Hyun-guk
Supported directly by WEMADE and its blockchain arm WEMIX Pte. Ltd.

Investors & Partners

Microsoft (invested in WEMADE in 2022)
Shinhan Asset Management
Korea Investment Partners
Collaboration with Binance Custody
Planned integrations with Web3 projects like Immutable X, Chainlink, and Celer Network

Project Vision

WEMIX3.0 aims to link in-game achievements with real economic value and create a fair, transparent digital economy through DeFi and NFT integration.

Consensus: Stake-based Proof of Authority (SPoA)
40-node Node Council Partner (NCP) system
WEMIX$: USDC-backed stablecoin for ecosystem stability
WEMIX PLAY: Blockchain gaming platform
NILE: DAO infrastructure
Infrastructure services: WONDER Staking, WEMIX Wallet, Explorer, Bridge

How It Works

Consensus: SPoA
Validators: 40 trusted partners called WONDERS
Performance: 1-second block time, ~4,000 TPS
Compatibility: EVM support for developers

Governance

Phase 1: Managed by 40 WONDERS (NCP) with reward distribution
Phase 2: Competitive staking & delegation
Phase 3: Community-focused PoS-like model

Roadmap

Expand gaming ecosystem (via WEMIX PLAY)
Develop DeFi services (WEMIX.Fi)
Increase global usage of WEMIX$ stablecoin
Prepare for WEMIX4.0 with democratic governance
Regulatory compliance and global expansion

Key 2025 Milestones

Legend of YMIR (Q4 2025): Global MMORPG launch with G-WEMIX token rewards
WEMIX PLAY Mission System (2025): In-game tasks with NFT rewards
Phase 2 Buyback (2025): 20M WEMIX token buyback for supply stabilization
ROM: Golden Age Expansion (Q4 2025): Expanding blockchain gaming economy, CROM/CRYSTAL staking

What is WEMIX Coin?

WEMIX is the native token of the WEMIX ecosystem, used for transactions and fees.
2022 ‘Brioche’ hard fork changed tokenomics:
Maximum supply capped at 590M WEMIX
Block Minting Halving (PMR) reduces minting per block
First halving lowered annual minting from 31.5M to ~15M WEMIX

Founded in 2018 by WEMADE TREE (now Wemix PTE. LTD.), WEMIX launched MIR4 in 2021, reaching 1.4M concurrent users and 20M registered users from 170 countries within four months. WEMIX3.0 went live in 2022, establishing WEMIX Coin as a core blockchain token.

Token Info & Distribution

Token: WEMIX
Max Supply: 590M
Circulating Supply: 456.44M (~69%)
Non-Circulating: 31%
Block Minting: 35%
Internally Owned: 21%
Development Costs: 22%
Ecosystem Development: 22%

Use Cases

In-game transactions
NFT trading
DeFi products
Governance & staking
Network fees

Ecosystem Components

WEMIX PLAY: Global gaming & P&E platform
NILE: DAO & NFT community platform
WEMIX.Fi: Swap, staking, lending/borrowing services
WEMIX$: USDC-backed stablecoin
WEMIX Wallet: User-friendly, non-custodial wallet
WEMIX Explorer: Blockchain analytics

Key Features

Strong gaming background (WEMADE & MIR4 success)
EVM compatibility & high TPS (4,000 TPS, 1-sec blocks)
USDC-backed stablecoin (WEMIX$)
Expanding gaming, DeFi, and NFT ecosystem
Decentralized governance with 40 WONDERS council

Official Links

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