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An up-and-coming crypto gaming mission has pulled off an unimaginable 300% rally prior to now 30 days as digital asset markets proceed to point out energy following the crack of 2023.
WEMIX (WEMIX) is a platform that helps blockchain-based video games for over 378,000 players, in response to its web site.
WEMIX’s ecosystem consists of a minimum of 20 video games at time of writing, every of which has its personal tokens on the WEMIX blockchain. WEMIX tokens at present have a collective market cap of $164.19 million.
WEMIX makes use of a hybrid blockchain construction to try to cope with sluggish transactions and extreme charges generally related to different crypto video games.
Final month, the mission launched a brand new fan token system to permit its creators to monetize and join with their supporters.
Says WEMIX,
“Fan Token is an interactive donating system by which each creators and followers can develop collectively to learn from the rising token worth by buying the Fan Tokens issued by the creator.
It makes use of [the] revolutionary idea ‘high-water mark minting mechanism’ to solely enable tokens to be minted when its worth goes up.
1,000 tokens are minted per each 24 hour time weighted common worth (TWAP) enhance of $0.01.”
WEMIX is created by blockchain growth agency WEMADE, which just lately introduced a partnership with metaverse engine developer Metagravity.
Based on the announcement,
“The alliance will assist carry to life WEMADE CEO Jang Hyun-guk’s imaginative and prescient of constructing an expertise folks can get pleasure from by taking part in a well-made sport and an enormous platform that might join all the things.”
At time of writing, WEMIX is up 328% within the final 30 days, at present buying and selling at $1.50 with a market cap of $377 million.
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Featured Picture: Shutterstock/Natalia Siiatovskaia/Tin Retailer
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