Connecting blockchain with the real economy is this gaming platform’s goal

Blockchain-based gaming has exploded in the last year. As technology continues to transform how users interact with digital assets, gaming has been at the center of all of the action. We have seen the rise of blockchain games without the need for traditional gamers. However, the existing gaming communities are an essential part of the future of gaming. A South Korean gaming company Wemade, the creator of the WEMIX platform, recognizes that blockchain game developers must bring the entire gaming community into the fold when enhancing the overall gaming experience. 

The vast majority of gamers would believe that the core components of gaming should focus on entertaining the players. Decentralized gaming platforms have established a reputation for being simple in form, which has hindered mass adoption. By utilizing a mix of both private and public blockchain capabilities, blockchain gaming platform WEMIX has enabled the scalability of blockchain games and allowed blockbuster games to be serviced smoothly. 

Why the metaverse is the future of gaming

The growth of the metaverse allows all users to showcase different versions of themselves. Through the metaverse, participants can connect virtual world assets with real-life assets. Trading, swapping, buying and playing with these digital assets add a new dimension to gaming. It has placed gamers at the forefront of a gigantic digital revolution, and it has also allowed everyday gamers to consider how and why they interact with digital assets online. NFTs within video games today seem like a simplistic concept to those familiar with crypto. However, the world of NFTs and the opportunity to connect your digital self with your physical self is just coming to fruition. 

Driving further blockchain gaming adoption

An emphasis for the future of blockchain gaming, according to WEMIX, should be play-and-earn instead of play-to-earn. This allows players to enjoy the game organically without always considering the income associated with the game first.

A fragmented game development ecosystem is another barrier to growth within the blockchain gaming industry. The cost of game production remains high, and the consumption patterns amongst gamers remain fragmented. Therefore, the life cycle of games overall is full of pressures. WEMIX is addressing this by developing a user-friendly blockchain-based game ecosystem. By bringing in-game digital assets to life, players can create stronger attachments to those items, and those players can take their assets with them into the next game. 

Using tokens in the game is a method of measuring the value of in-game assets. WEMIX offers a channel to exchange game tokens to WEMIX Credit token, which then can be exchanged for WEMIX token or any other game token within the platform, which enhances the longevity of the ecosystem. Therefore, the WEMIX token acts as the key currency of the platform.

Interoperability will be a key feature of all blockchain games

The ability to share digital assets across multiple games puts the power in the hands of the players. Using in-game items across numerous applications opens up a world of opportunities for collaboration when leveraging interoperability. This flexibility to take your assets and use them in different places gives true ownership to the player but also requires a new level of expertise from game developers working to increase access to interoperable games. 

More insights on wemix here

"Inter-game economy and interoperability will connect all games on the WEMIX platform by sharing the economy used within. This will eventually allow us to work with many partners and create a large blockchain gaming community that uses the same currency. We plan to work with many developers to onboard 100 games by the end of 2022 on our platform and become the biggest gaming platform," Henry Chang, CEO of Wemade, shares.

By showcasing the potential of blockchain games, WEMIX plans to demonstrate the value of play-and-earn across multiple games. The aim is to help build economic systems in blockchain games, allowing the in-game economies to run smoothly and be compatible with each other. This will, in turn, allow players to enjoy gaming while also earning income. There are currently ten live games on the platform, including MIR4, which gained global success with over 1.4 million concurrent players, and there are other multiple games in production, with plans to onboard at least 100 games by the end of 2022. 

Learn more about WEMIX

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you with all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor can this article be considered as investment advice.

Is there a future for digital fashion in the Metaverse?   Feb. 26, 2022
Mainnet milestone for network that aims to be scalable, low cost and developer-friendly   June 6, 2022
3 'blockbuster' titles that could save GameFi — ABGA President   Sept. 27, 2022
This project has 25 blockchain games, over 50 million downloads, and big plans   Oct. 10, 2022
A new generation of P2E games is here, and it's open to everyone   Jan. 11, 2023