Wemix Unveils Brand New Blockchain Gaming Ecosystem, Wemix3.0

In a global showcase yesterday, Wemix revealed Wemix3.0, an upgrade to its existing blockchain gaming ecosystem. Let's understand how this will help solidify the platform's position in the crypto gaming space.

Jun 16, 2022
by Akira Ming
Wemix Unveils Brand New Blockchain Gaming Ecosystem, Wemix3.0
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What is Wemix3.0? 

To begin with, Wemix3.0 is a brand new blockchain gaming ecosystem by Wemix. Technically speaking, it is an EVM-compatible public chain mainnet powered by the SPoA (Stake-based Proof of Authority) consensus algorithm. In short, a much more decentralized and secured platform for gamers on Wemix. 

"The upgrade to Wemix3.0 is just the latest example of how Wemix has established itself as one of the leading gaming platforms in the blockchain space," said Henry Chang, CEO of Wemade, in a statement. "With Wemix3.0, we’re making it possible for users to do more with the tokens they earn, and it’s important that we continue finding new ways to empower members of the Wemix community." 

What are the new features of Wemix3.0? 

With Wemix3.0, there will be three new features on the Wemix platform as below. 

1. Wemix Play: Firstly, this new feature aims to expand the "Play and Earn" concept to "Play & Earn, and Pay". What this means is that gamers will soon be able to pay with what they earned from Web3 games. While there are not many details yet, Wemix3.0 will achieve this with a designated launcher known as "WEMIX Player". 

2. NILE (NFT Is Life Evolution): Next up, NILE will be the on-chain decentralized autonomous organization (DAO) for Wemix3.0 users. Here, members can access facilitation and use of funds, assets, and even other members through the Neith protocol. Interestingly, governance members will be able to achieve common goals in the form of concerts, art exhibits, sporting events, investments, and more.

3. Wemix DeFi Service: Lastly, Wemix DeFi Service is a crypto-asset payment platform in Wemix3.0. A range of DeFi services, such as token swaps, staking programs, bridges, crypto bonds, chain-wide auctions, and WEMIX Dollar lending, will take place on the platform. 

Given Wemix's previous success with global hits like MIR4 Global, it seems that the firm is ready to take a step further with Wemix3.0. To learn more, you can always check out Wemix's official webpage and follow its socials for the latest updates. 

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