‘Cauldron’ of Connections Unify Gaming, DeFi and DAO Protocols

It’s a gaming platform. It’s a DeFi (decentralized finance) platform. It’s a launchpad for DAOs (distributed autonomous organizations) and NFTs (non-fungible tokens). WEMIX 3.0 might appear at first glance to be unfocused, but that turns out to be far from true. The blockchain protocol, which is the central project of South Korea-based Wemade, is quite deliberate in its strategy. What seems like diffusion of vision is actually a canny exercise in horizontal integration.
What connects the platforms on the WEMIX 3.0 mainnet is an intrinsic blockchain economy. Based on the cryptocurrency WEMIX and the stablecoin WEMIX$, the three platforms together form what the team calls its “tripod cauldron.” Cryptocurrencies flow freely through the entire ecosystem, enabling and connecting the platforms.
“With our utility coin WEMIX and WEMIX$, a 100% fully reserved stablecoin, we are launching our own mainnet, WEMIX3.0. The mainnet will provide a complete set of games, DAO-based NFTs and DeFi,” Wemade CEO Henry Chang said. “This platform-driven and service-oriented public blockchain will help build a better future for all of us.”

It's a gaming platform. It's a DeFi (decentralized finance) platform. It is the launching pad for DAOs (Distributed Autonomous Organizations) and NFTs (Non-Fungible Tokens). WEMIX 3.0 looks fuzzy at first glance, but it's not. The blockchain protocol, which is the core project of Korea-based Wemade, is quite deliberate in its strategy. What appears to be vision is actually a clever exercise in horizontal integration.
What connects the platforms on the WEMIX 3.0 mainnet is an intrinsic blockchain economy. Based on the WEMIX and WEMIX $stablecoin cryptocurrencies, these three platforms together form what the team calls the “cauldron”. Cryptocurrencies flow freely throughout the entire ecosystem, enabling and connecting platforms.
"With our WEMIX and WEMIX$ utility coins, a 100% fully reserved stablecoin, we are launching our own mainnet, WEMIX3.0. The mainnet will provide a complete set of games tuning, NFT based on DAO and DeFi”, Wemade CEO Henry Chang said, “This platform and service-focused public blockchain will help build a better future for all of us.”
On WEMIX PLAY, users can join play to earn and trade NFT. and REFLEX, a synthetic asset token, that can be “merged” with game coins that can be earned in games on the WEMIX platform. As discussed earlier in this space, REFLEX consolidation is similar to minting other assets. WEMIX can also be exchanged for in-game coins. WEMIX PLAY's game portfolio is constantly expanding; Most recently, it announced plans to offer Grand Prix Slots, the first social casino game on the platform, developed by Play Links. The company's recent investment in Planetarium Labs ensures a constant new experience for gamers.
NILE - an acronym for NFT Is Life Evolution - is connected to WEMIX3.0 via the same code. The underlying Neith protocol is a smart contract mechanism that allows the community to create, facilitate, and manage all aspects of potential projects including concerts, art exhibitions, sporting events, and more. sports, investment and even real estate business. NILE capabilities include project owner DAO funding, day-to-day management, and profit distribution. As with WEMIX PLAY, the Neith protocol is built upon a dual cryptographic architecture. However, in the case of the platform, this involves the distribution of protocol coins via DAO funding, which can be staked for governance tokens that function as votes in the process. project decision making.
This should not be confused with the WEMIX DeFi Service, a full-chain platform that supports the storage, trading, lending, payment and investment of digital assets. WEMIX$, a 100% fully backed stablecoin that provides the community with a smooth and secure transition to and from dapps and services available in the ecosystem, as well as the WEMIX token, plays a role as an essential asset that connects multiple DeFi services on the network itself. The WEMIX DeFi service is fully decentralized and directly integrated into the native wallet of WEMIX3.0. This allows the community to easily access crypto assets for use on the blockchain network, providing better accessibility and usability. The
WEMIX DeFi service supports critical functions that maintain and expand the state of the ecosystem - including gamers, NFT programmers, and DAOs - through stablecoin lending, on-chain exchanges, bonds Cryptocurrency asset coupons, bridging and secure auctions. At the heart of these features are oracles that collect, analyze, and disseminate data related to on-chain and off-chain operations, ensuring that data values ​​transmitted from different sources agree. from one oracle to another before confirming use.