Web3 gaming is all the fad nowadays and Wemade, a serious South Korean online game developer, is trying to enter the house. Fortunately, it has rallied up huge assist, together with a latest $46 million fundraising spherical, to take action.
This spectacular funding spherical noticed assist from Microsoft, in addition to Shinhan Asset Administration, and Kiwoom Securities. With this funding, the corporate intends to launch web3 video games that may leverage NFTs, collateralized stablecoins, and different decentralized merchandise. The corporate has additionally introduced plans to launch NILE, a DAO-governed NFT platform that may tie into its web3 ambitions.
Wemade has already made some strikes into the blockchain business, releasing a number of blockchain gaming titles comparable to the favored Mir 4 International game. Microsoft, on its half, has additionally been exploring the blockchain and gaming business, most notably with the acquisition of Activision Blizzard some time again.
Now that this funding spherical is accomplished, followers should wait and see what new initiatives come out of it.
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