Microsoft has invested within the Korean recreation firm Wemade, which is behind the Legend of Mir MMORPG sequence on PC and cellular, in addition to a blockchain firm that helps its personal NFT public sale web site and crypto service.
Wemade’s latest funding spherical noticed the Korean firm elevate $46 million from plenty of firms (thanks, VGC), together with Xbox’s guardian firm, Microsoft. This, after all, is not proof of blockchain coming to the tech firm’s providers, and the way a lot Microsoft has invested is at the moment unclear, however Wemade has mentioned that it had “remarkably succeeded to draw new capital from[…] a international strategic investor at beneficial situations.”
Wemade raises $46 million in latest funding spherical
“This can be a significant funding by respected monetary and strategic traders with confirmed observe data,” Wemade’s CEO Henry Chang mentioned. “Wemade and Wemix will proceed to exert efforts to draw extra capital and actively make investments to construct the worldwide digital economic system platform.”
Wemix is the corporate’s “platform-driven and service-orientated mega-ecosystem,” a totally developed blockchain community that may broadcast cryptocurrency transactions, whereas additionally verifying the transactions on the blockchain. It is now absolutely deployed alongside Wemade’s NFT public sale web site and the corporate plans on introducing its personal “economic system platform” to assist NFTs and DAO (decentralised autonomous organisation). Based in 2000, Wemade primarily develops video games for PC and cellular, with its Legend of Mir MMORPG sequence proving to be fairly profitable on the platforms. It is most up-to-date entry Mir 4 has apparently “turn into the world’s first well-made blockbuster blockchain recreation for the reason that firm entered the blockchain trade in 2018.”
NFTs look to be making their means into video games throughout all platforms now, resembling Gunzilla’s upcoming battle royale recreation Off the Grid. We just lately spoke with the developer’s CEO about how the expertise behind NFTs can be utilized positively for gamers, resembling making this upcoming shooter fully free-to-play.
We’ll in all probability not see something come from Microsoft’s funding in Wemade, however we would like to know what you consider this information. Drop down under and tell us!