South Korean gaming giant Wemade to double down on blockchain-based social communities

South Korean sport developer Wemade needs to bridge the hole between gaming and blockchain by introducing new decentralized communities in 2025.

South Korean gaming large Wemade apparently has large plans for 2025, which is able to concentrate on new blockchain companies and social communities. In an interview with Maeil Enterprise Newspaper, Wemade’s CEO Park Kwan-ho referred to as 2025 a possible “turning level” for the corporate, which goals to merge gaming and blockchain in a means that opens up “new potentialities” within the international market.

Park once more praised blockchain, saying its “transparency and unusability of information” make the know-how good for constructing belief in digital companies. “We’ll concentrate on constructing new social communities in areas the place belief is required, by benefiting from the unusability of information,” he added.

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Wemade has already launched web3 platforms like WeMixPlay, a blockchain-based gaming hub, and WePublic, which permits customers to create and function decentralized autonomous organizations. Park mentioned the corporate now needs to make WeMixPlay a world go-to for avid gamers and use WePublic to drive blockchain adoption. Nevertheless, particular particulars concerning the options of those blockchain-powered communities or a timeline for his or her launch stay unclear.

Wemade has been engaged on blockchain for some time now. In late 2023, the Seongnam-based firm partnered with Singapore’s Whampoa Digital to launch a $100 million Web3 fund, which centered on blockchain gaming initiatives, primarily within the Center East. Former CEO Henry Chang referred to as the partnership a possibility for each events to share experience and deepen their understanding of blockchain know-how.

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