WEMIX WEMIX

1. Summary

Ranks

Liquidity

97

Developer

-

Social

95

Momentum (beta)

19

Stack Rank™

-

Price

$0.84 -2.6%

Market Cap

$348.42M (#224)

Supply

415.25M / 534.84M

Tags

Smart Contracts Play To Earn Gaming (GameFi) Layer 1 (L1) Gaming Blockchains WEMIX Ecosystem

More Metrics

Price
52W High price	$3.38
52W High date	14th Mar 2024 (10 months ago)
All Time High (ATH) Date	21st Nov 2021 (3 years ago)
ATH Price	$24.71
% From ATH	-96.82%
All Time Low (ATL) Date	22nd Jun 2021 (3 years ago)
ATL Price	$0.13
% From ATL	511.72%

Supply & Trading Volume
Trading Volume (24h)	$3.58M
Total Supply	534.84M
Max Supply	590.00M
Circulating Supply	415.25M

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Description

Project Overview

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Project Overview

WEMIX is a blockchain-based decentralized gaming platform that focuses on integrating native coins, NFTs, and DeFi programs to generate investment opportunities for users. It is owned by the South Korean gaming company Wemade and was founded in 2019. WEMIX aims to revolutionize the gaming industry by enabling creators to monetize their work and connect with their fans more efficiently.

Key Features

• WEMIX Play: A blockchain-based gaming platform that supports the Web3 transformation of games, offering a large library of blockchain games and incorporating play-to-earn mechanics and NFTs.
• WEMIX 3.0: An EVM-compatible open-source protocol powered by the Stake-based Proof of Authority consensus algorithm, secured by 40 decentralized authority nodes and on-chain community DAO.
• Wemix.Fi: The official on-chain DeFi platform providing exchange, deposit, asset management, and investment services, connected to the stablecoin WEMIX$.
• NILE: A DAO, NFT, and Life dApp platform that creates a civilization based on blockchain, offering a variety of dApps, NFT marketplaces, and DAOs.
• Tokenomics: WEMIX uses deflationary tokenomics to promote long-term ecosystem growth, where the burn of tokens exceeds inflation, resulting in a healthy overall expansion.

Wemix Wallet and Governance

• WEMIX Wallet: The official wallet for managing assets and accessing various platforms.
• 40 Node Council Partners: Represent the community and contribute to the growth of WEMIX, operating governance together.

Security and Innovation

• Stake-based Proof of Authority Consensus: Ensures high security and transaction throughput, with a maximum capacity of 4,000 transactions per second.
• Decentralized On-Chain Governance: Provides transparency and reduces the risk of centralized control.
• Transaction Immutability and Transparency: Enhances trust and reliability through immutable and easily auditable transactions.

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