With a market valuation of US$1.4 billion, Wemade Co., Ltd. (KOSDAQ: 112040), one in every of South Korea’s prime public gaming firms, has introduced a strategic alliance with House-Time (SxT), a pioneer in decentralized information storage. . The partnership will permit Wemade to make use of decentralized developer instruments from House and Time to energy its blockchain and gaming companies.
Wemade affords greater than 20 totally different play-to-earn (P2E) video games throughout all genres on WEMIX PLAY, the world’s open blockchain gaming platform, together with MIR M and the premium blockchain recreation MIR4. It’s a part of a mega-ecosystem being developed by its blockchain growth subsidiary WEMIX. The big ecosystem contains the WEMIX mainnet, WEMIX 3.0, various companies together with NFT and DeFi, and the WEMIX foreign money, which is the hyperlink between every of its constituent elements. As well as, WEMIX has revealed its intentions to introduce an Ethereum layer 2 that can use ZKP protocols to extend scalability whereas sustaining consumer safety and privateness. With a view to create a extra dependable and scalable GameFi, House and Time and Wemade need to work intently with the subsequent era of decentralized infrastructure sooner or later.
A complete set of developer instruments is bridged throughout house and time for decentralization. To facilitate the event of absolutely decentralized apps and quicker supply of dApps, the platform affords builders real-time tamper-proof listed blockchain information, a hybrid transaction and analytics (HTAP) information retailer, and a serverless API gateway.
Spatio-temporal information warehouse queries are unequivocally tamper-proof. By enabling sensible contracts to instantly execute tamper-proof queries, SQL Proof, a novel encryption developed by House and Time, opens up various environment friendly use circumstances primarily based on blockchain know-how and a completely decentralized stack.
Utilizing house and time, recreation builders can mix real-time blockchain information with game-generated off-chain information in a single question and hyperlink the findings to on-chain sensible contracts. By combining scalable decentralized information storage with a blockchain-based platform, House and Time will permit Wemade to create extra advanced incomes schemes for its P2E video games, carry out in-game habits evaluation, and cut back on-chain storage prices.
Probably the most standard RPG video games in Chinese language gaming historical past, Wemade’s The Legend of Mir 2 is a widely known hit. Legend of Mir 2 dominated the Chinese language gaming trade, capturing 64% of the market only a few years after its launch in 2002.
Along with Web3’s GameFi exercise, the Wemade platform affords DEX, NFT marketplaces and extra on its L1 community. Exterior of GameFi, Wemade remains to be trying to aggressively develop its blockchain ecosystem. Wemade will have the ability to present builders creating GameFi, DeFi and different Web3 functions with safe and decentralized companies via cooperation with House and Time.
