An up-and-coming crypto gaming venture has pulled off an unbelievable 300% rally previously 30 days as digital asset markets proceed to indicate energy following the crack of 2023.
WEMIX (WEMIX) is a platform that helps blockchain-based video games for over 378,000 players, in response to its web site.
WEMIX’s ecosystem contains a minimum of 20 video games at time of writing, every of which has its personal tokens on the WEMIX blockchain. WEMIX tokens currently have a collective market cap of $164.19 million.
WEMIX makes use of a hybrid blockchain construction to aim to cope with gradual transactions and extreme charges typically related to different crypto video games.
Final month, the venture launched a brand new fan token system to permit its creators to monetize and join with their supporters.
Says WEMIX,
“Fan Token is an interactive donating system during which each creators and followers can develop collectively to profit from the growing token worth by buying the Fan Tokens issued by the creator.
It makes use of [the] revolutionary idea ‘high-water mark minting mechanism’ to solely enable tokens to be minted when its worth goes up.
1,000 tokens are minted per each 24 hour time weighted common worth (TWAP) enhance of $0.01.”
WEMIX is created by blockchain growth agency WEMADE, which just lately announced a partnership with metaverse engine developer Metagravity.
In accordance with the announcement,
“The alliance will assist convey to life WEMADE CEO Jang Hyun-guk’s imaginative and prescient of constructing an expertise folks can get pleasure from by enjoying a well-made recreation and an enormous platform that might join every little thing.”
At time of writing, WEMIX is up 328% within the final 30 days, at the moment buying and selling at $1.50 with a market cap of $377 million.
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Featured Picture: Shutterstock/Natalia Siiatovskaia/Tin Retailer