1. Project background and team strength

Background of the project:

The WEMIX project is a game platform based on blockchain technology. The company behind it is Wemade, a famous Korean game company. The online game IP "Legend of Hot Blood" developed by it has become popular all over the country. Wemade entered the blockchain industry in 2018 and is committed to developing game platforms based on blockchain technology.

Team strength:

WEMIX is a project developed by Wemade, a famous Korean game company. The WEMIX team also attaches great importance to cooperation with partners and ecological construction. They have established close cooperative relationships with many well-known game developers and blockchain technology companies, such as: game developer Ubisoft (Assassin's Creed), game development company Kakao Games, game development company XLGAME (Archae Age), blockchain Technology company Blockdaemon, blockchain technology company Klaytn Foundation. This cooperation model gives the WEMIX project strong advantages in resource integration and market promotion.

2. Game works and user experience

Game works:

There are more than 30 games on the WEMIX PLAY platform, including "MIR4" (ranked 28th in terms of daily active users on the Steam platform today), "MIRM", and the international version of "NIGHT CROWS" that will be released for global public testing on March 12.

user experience:

Player reviews of "MIR4" on the Steam platform show that 73% of the 71 player reviews in the past 30 days were positive, and 65% of the total 13,930 player reviews of this game were positive. In addition, "MIR4" (Legend 4) has a rating of 3.3 on the Google Store, with 150,000 reviews and 5 million downloads, and a rating of 3.6 on the Apple Store. Another game "MIRM" is slightly inferior to the former, with a score of 2.7 on the Google Store and only 2.5 on the Apple Store.

3. Technical Framework and Blockchain Application

Technical framework:

① Smart contracts are the core part of the WEMIX technology framework. They allow developers to define game rules, manage game assets and ensure fair execution of games. Smart contracts run on the blockchain and once deployed, they execute automatically without any third-party intervention.

②WEMIX provides developers with a complete set of game development SDKs, which makes it easier for developers to integrate blockchain technology into their games. The SDK includes a series of tools, libraries and documentation to help developers build, test and deploy game applications.

③The WEMIX technology framework also integrates cross-chain technology. This enables games on the WEMIX platform to interact with games on other blockchain networks, providing players with more game choices and a cross-platform gaming experience.

④ Blockchain-based game assets have unique value attributes, and the WEMIX technology framework provides a safe and transparent game asset trading system. Players can buy and sell in-game virtual items, characters and other assets on this system, which increases the playability and economic value of the game.

⑤The WEMIX technology framework also provides user authentication and rights management functions to ensure that only verified users can access games and applications on the platform. This helps protect players from fraud and unauthorized access.

Blockchain applications:

In the field of digital entertainment, WEMIX currency, as a new type of virtual currency, provides users with a richer and more convenient entertainment experience. This includes in-game purchases, virtual item transactions, etc. on the WEMIX platform, allowing players to participate more deeply in the game.

In the field of sports, WEMIX also has the courage to innovate. WEMIX CHAMPIONSHIP 2023 is the world's first golf tournament based on blockchain technology. It applies NFT technology to multiple aspects such as bonuses, tickets, catering and gallery prizes, bringing a new experience to the audience and attracting more than 10,000 audience participation.

4. Market prospects

The emergence of chain games has brought a new business model to the game industry. Through blockchain technology, the virtual assets in the game truly belong to the players themselves and can be traded freely in the market. This not only increases the playability of the game, but also provides players with more profit opportunities. At the same time, the token economic model of chain games also provides more means for project parties to obtain the lifetime profit value of players, helping to achieve win-win economic benefits in the game industry.

Secondly, with the development of technology, the performance of chain games is also constantly improving. The integration of artificial intelligence, blockchain technology and 5G technology has significantly optimized chain games in terms of transaction speed, data reading and game experience. This has gradually enhanced the competitiveness of chain games in the market, attracting more players and developers to participate.

According to a latest report from Fortune Business Insights, the global blockchain gaming market will reach US$615 billion by 2030, representing a compound annual growth rate of 21.8% from a market size of US$128 billion in 2022.

5. Personal experience

The key to the success of chain games lies in the richness and innovation of gameplay. When designing a game, it should be full of creativity and provide new and interesting gameplay to attract players. When players experience fun in the game, they will naturally be more inclined to consume and thus consume game tokens, which further drives up the price of tokens. On the contrary, if a chain game lacks gameplay, it will only become a project lacking substantial content, and the increase in token prices will lack internal motivation. After the hype, only scarred players will be left.

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