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South Korean gaming giant Wemade to double down on blockchain-based social communities

south-korean-gaming-giant-wemade-to-double-down-on-blockchain-based-social-communities
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South Korean gaming giant Wemade to double down on blockchain-based social communities

South Korean game developer Wemade wants to bridge gaming and blockchain by introducing new decentralized communities in 2025.

South Korean gaming giant Wemade apparently has big plans for 2025, focusing on new blockchain services and social communities. In an interview with Maeil Business Newspaper, Wemade’s chief executive officer Park Kwan-ho called 2025 a potential “turning point” for the firm, seeking to merge gaming and blockchain in a way that opens “new possibilities” in the global market.

Park once again praised blockchain, saying its “transparency and inoperability of data” make the technology perfect for building trust in virtual services. “We will focus on building new social communities in areas where trust is needed by exploiting the inoperability of data,” he added.

Wemade already launched such web3 platforms as WeMixPlay, a blockchain-based game hub, and WePublic, which allows users to create and operate decentralized autonomous organizations. Park said the firm now wants to make WeMixPlay a global go-to for gamers and use WePublic to boost blockchain adoption. However, specific details about the features of these blockchain-powered communities or a timeline for their launch remain unclear.

Wemade has been in the blockchain game for a while now. Back in late 2023, the Seongnam-based company teamed up with Singapore’s Whampoa Digital to launch a $100 million web3 fund, zeroing in on blockchain gaming projects, especially in the Middle East. Former CEO Henry Chang called the partnership a chance for both sides to share expertise and deepen their understanding of blockchain tech.