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Cryptocurrencies/Coins/WEMIX (WEMIX)
WEMIX price, market cap on Coin360 heatmap

WEMIX(WEMIX)

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$2.7255
(0.92%)
0.00011161 BTC
Market Cap (Rank#127)
$335,870,307
13,754 BTC
Vol 24h
$874,783
35.8227 BTC
Circulating Supply
123,233,682.38
Max Supply
1,015,055,200
21 day agocryptodaily
The Most Dedicated CEO in South Korea, Henry Chang, Leads Wemade to New Heights
Wemade, a 22-year-old game developer from South Korea announced on July 12th that its CEO Henry Chang exercised his stock options and bought 223,504 shares for an astonishing USD 2.67 million (KRW 3,5 billion) and did not sell a single share. As a result, Henry’s stake in Wemade reached 1.5%. This is not the first time Henry has shown his dedication to the firm. In fact, he announced earlier this year his pledge to invest all his present salary and dividends in WEMIX coin. Wemade announced on June 30th Henry’s purchase of 13,424.6 WEMIX coin (worth USD 38,125.86) with the salary he received from the same month. This brings his total investment to 51,258.354 WEMIX coin (worth USD 145,573.7). This is also the fourth time he invested his salary in WEMIX Coin, in addition to his dividends from last year. Henry has constantly fulfilled his promise to contribute his compensation to the sustainable development of the Wemix ecosystem. He also stressed that he does not plan to sell a single share purchased through the exercise of his stock options. CEO compensation packages are part of corporate governance mechanisms. Companies often offer their CEOs stock options that tie CEO’s compensation to the company’s stock performance which creates incentives for CEOs to manage the firm and work hard in ways that maximize firm market value. Often misunderstood, stock options are criticized for inducing top management to pursue strategies that only push the stock price up in the short term. This would benefit opportunist CEOs who time the exercise of their stock options to when the stock price is high and sell their newly acquired shares at a premium. Henry is the only known CEO in South Korea to invest in his company’s stock despite very high volatility in the capital markets. Henry’s move is highly contrary to few CEOs who exercised their stock options to sell the shares last year, only six to twelve months after the companies were listed. One of the most publicized cases was the selloff of eight executives from a fintech company affiliated with a messenger service platform group, of over 400,000 combined shares received from their stock options. The executives’ mass selloffs, although within the firm’s regulatory bounds, enraged minority shareholders, as it took place less than two months after the company went public in October 2021. The incoming CEO voluntarily resigned amid growing criticism. Eventually, the backlash from the event led the group to install a lockup period of two years for CEOs following a firm’s initial public offering. Henry reiterated his engagement in the firm’s long-term success and shareholder value. His dedication and hard work led Wemade to new heights. Recently the company announced USD 131 million in sales revenue for the first quarter of 2022 alone. This represents an astonishing 72% increase in net profit compared to last year. Since Henry’s commitment has no limit, Wemade is expected to continue its winning streak with more achievements in both its video game development, publishing services, and its blockchain ecosystem. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
77 days agocointelegraph
WEMIX gains 200%+ after stablecoin and boosted staking rewards announcement
New partnerships, a mainnet upgrade and plans to launch a stablecoin appear to have triggered a 200% rally in WEMIX price.
144 days agocryptodaily
Klaytn has 5 new gaming partners to drive creation of its metaverse
Klaytn, the dominant blockchain in S Korea, has 5 new gaming partnerships which it hopes will drive the creation of a new metaverse on its blockchain. With the Bank of Korea CBDC (Central Bank Digital Currency) project already secured, and integration achieved with the South Korean super app KakaoTalk, the Klaytn blockchain is now heading towards the creation of its own metaverse with the help of 5 gaming partnerships. All the information for which is taken from a PR released by the Klaytn Foundation. Wemade Wemade provides a global blockchain platform in WEMIX. This platform is built on a Klaytn service chain, and enables all types of games to be transformed onto the blockchain. WEMIX aims to attract 100 games onto its platform by the end of 2022, all of which will use the WEMIX in-game currency token. Netmarble Netmarble is a member of the Klaytn governance council, and is the publisher/developer behind several smash hit games such as Marvel Future Revolution, Lineage 2 Revolution, Ninokuni: Cross Worlds, and others. The Netmarble MBX ecosystem will integrate blockchain gaming mechanics into these games, enabling players to earn rewards for playing. Neowiz Neowiz is another of the leading South Korean multi-platform developer/publishers that aims to bring in the next-generation play-to-earn mobile games. Its first game of this genre is Crypto Golf Impact, a game powered by the NEOPIN blockchain platform, built on the Klaytn mainnet. Pocketful of Quarters This is a game, launched on the Klaytn network, that is the very first to have developed a cross-chain token that is fully SEC compliant. The interoperability of the Quarters token is such that it is now available across more than 100 games and platforms. KlayCity KlayCity is the first land NFT-based Land-fi project to be built on the Klaytn network. In the KlayCity pipeline are collaborations with webtoon authors, short films, and e-novels. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
190 days agonulltx
Top 7 Most Traded Metaverse Crypto Coins for February 2022
This year, metaverse crypto coins are all the hype as projects continue building virtual reality environments and integrating them with blockchain tech. Let’s take a look at the top seven most traded Metaverse crypto coins on the market, and provide a brief overview of each cryptocurrency, ordered by 24-hour trading volume, lowest to highest. WEMIX […] The post Top 7 Most Traded Metaverse Crypto Coins for February 2022 appeared first on NullTX.
212 days agocointelegraph
Anyswap, Keep3rV1, WEMIX follow Bitcoin’s move to $44K with double-digit rallies
ANY, KP3R and WEMIX lead today’s altcoin charge after BTC price broke out of range higher with a surge to $44,000.
213 days agonulltx
These 3 Metaverse Crypto Coins Gained Over 20% Today (ICE, EPIK, WEMIX)
After a rough start this week for crypto markets, today, we’re seeing bullish momentum for most projects. Metaverse crypto coins are doing exceptionally well today, with many seeing double-digit percent price gains. This article looks at the top three Metaverse crypto coins gaining the most price today, ordered by 24-hour increase, lowest to highest. Decentral […] The post These 3 Metaverse Crypto Coins Gained Over 20% Today (ICE, EPIK, WEMIX) appeared first on NullTX.
247 days agonulltx
These 3 Metaverse Coins Gained Over 20% Today (Mines of Dalarnia, WEMIX, WAX)
After last week’s correction, Metaverse coins continue to dominate the markets as cryptocurrencies begin their recovery. According to Crypto.com, today, we’ve seen a 3.26% rise in market capitalization for Metaverse coins, with WAX, WEMIX, and Mines of Dalarnia topping the charts by percent increase. Let’s look at these cryptos and see why the price is […] The post These 3 Metaverse Coins Gained Over 20% Today (Mines of Dalarnia, WEMIX, WAX) appeared first on NullTX.
271 day agocryptodaily
Korean Blockchain Game Startup Wemade Reaches $5 Billion Market Cap
Wemade, a Korean blockchain gaming startup, has reached a market capitalization of $5 billion, a 400% surge since it launched MIR4, a crypto-earning massively-multiplayer online role-playing game (MMORPG). The startup is founded and chaired by Park Kwan-ho, and has launched the Mir videogame series over the years. It began releasing the Mir videogame series in 2000, but pivoted to a blockchain-based game token economy on August 26, with the launch of MIR4. The game was launched in 170 countries in 12 languages, and has been downloaded over a million times on Google’s Play Store. Recent revenue data for the game points at a $10 million month-to-date average. Before MIR4, Wemade’s Mir series already had 500 million players in China alone. The game is also cross-platform and cross-play compatible, with builds available for major operating systems such as Windows 11 and macOS, including devices that feature Apple’s M1 series based on ARM chips. According to Park, MIR4 wasn’t something entirely new both to the blockchain industry and the gaming industry, but that by implementing a fusion of blockchain into MMORPGs, its users are opened to a whole new way of imagining blockchain economics. “What we have done is used blockchain to implement a system that could satisfy users' needs. That's why it's getting so much phenomenal support from the user base." Park shares. The game features a similar setup to Vietnamese startup Sky Mavis’ wildly popular Axie Infinity, and Hong Kong-based startup Animoca Brands’ The Sandbox, as well as Plant vs Undead, which are examples of play-to-earn blockchain games that use NFTs and earnable in-game currencies which can be converted to live tokens swappable on the crypto market. These games and other emerging titles form what has been called the “GameFi” (a play on the term DeFi, or decentralized finance) sector of the crypto and blockchain industry, and have led to mass adoption and bringing to wider awareness of the possibilities of crypto technology to the masses. MIR4’s in-game currency, called “Darksteel” can be “smelted” or minted into the DRACO utility token, which allows the in-game asset to be sold, purchased, and stored outside of the game on the XDRACO ecosystem built by Wemix Platform, Wemade’s blockchain subsidiary. The exchange platform also offers a unique “no loss” staking program. Additionally, once characters in the game reach Level 60 and above, they can be sold as NFTs on the Wemix NFT Market. DRACO is currently worth $1.5237 based on paired value with WEMIX, while WEMIX is currently worth $13.05 on the open market, up from $0.2 from the game’s launch in August. The token is available on ZT, Gate.io, Bithumb, MEXC, and Korbit. In Korea, game publishers such as Netmarble, Nexon, and Smilegate have been looking into integrating blockchain and cryptocurrencies into their games, in an effort to expand the marketability and profitability of online games beyond the in-game universe and the player base. According to Park, these publishers “didn't have that strong incentive to take that leap—that adventure—as we were willing to do," and as such led to the breakthrough success and uniqueness of MIR4. Wemade’s Q3 earnings for 2021 reflects this, with a $55 million revenue on its books, up by 167% year-to-date. "Users have a wide range of needs and different preferences. Some people want to earn money while playing games, whereas others don't want to mix earning money with what you enjoy." Park shared. ”Our initial focus is to build on this momentum and expand our geographical market for not only MIR4, but other games we're preparing," Park claims, hinting at the release of new games that are on the game development studio’s lineup: MIR M, a mobile-optimized version of the game, AbyssRium, Dark Eden, Rise of Stars, and Yulgang. All these games will be blockchain-based and run with the same token economics that has been introduced to a global audience with MIR4. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

About WEMIX

The live price of WEMIX (WEMIX) today is 2.7255 USD, and with the current circulating supply of WEMIX at 123,233,682.38 WEMIX, its market capitalization stands at 335,870,307 USD. In the last 24 hours WEMIX price has moved -0.0116 USD or -0.00% while 938,323 USD worth of WEMIX has been traded on various exchanges. The current valuation of WEMIX puts it at #127 in cryptocurrency rankings based on market capitalization.

Learn more about the WEMIX blockchain network and how it works or follow the price of its native cryptocurrency WEMIX and the broader market with our unique COIN360 cryptocurrency heatmap.

WEMIX Price2.7255 USD
Market Rank#127
Market Cap335,870,307 USD
24h Volume874,783 USD
Circulating Supply123,233,682.38 WEMIX
Max Supply1,015,055,200 WEMIX
Yesterday's Market Cap339,007,140 USD
Yesterday's Open / Close2.7625 USD / 2.7509 USD
Yesterday's High / Low2.7625 USD / 2.6895 USD
Yesterday's Change
0.00% ( 0.0116 USD )
Yesterday's Volume938,322.60 USD
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