Wemade (WEMIX), one of the largest Korean game developers, has announced the start of a new strategic partnership with Space and Time (SxT), a leader in decentralized data warehousing.
According to the press release, this strategic partnership will allow Wemade to power its blockchain and gaming services with Space and Time’s decentralized suite of developer tools.
Wemade Co., Ltd (KOSDAQ:112040) is one of the largest publicly-listed gaming companies in South Korea and a pioneering game developer with a market capitalization of USD 1.4B. Today, Wemade services more than 20 P2E games across all genres, including mobile game MIR M and the world’s no. 1 blockchain game MIR4, on WEMIX PLAY, Wemade’s gaming platform.
In addition, WEMIX has announced plans to launch an Ethereum layer-2, utilizing zero-knowledge proof (ZKP) protocols that will enhance scalability while always providing users with extended privacy and robust security.
“We believe that blockchain is the future of gaming, offering gamers greater ownership and control over their digital assets,” said WEMIX CEO Shane Kim. “As the blockchain transformation of traditional games continues to grow, the partnership with Space and Time will help strengthen our blockchain infrastructure capabilities and contribute to our commitment to building an inter-game economy.”
WEMIX PLAY or WEMIX PLAY 3.0 is Wemade’s anticipated global open blockchain gaming platform. Wemade aims to become a mega-ecosystem by launching its own mainnet (WEMIX PLAY 3.0), introducing its currency, $WEMIX, and offering a wide range of services and platforms that embrace DeFi and NFTs.
On the other hand, Space and Time is a Web3-native decentralized data warehouse that packages a full suite of developer tools in a single decentralized deployment. Game developers that build there can join real-time blockchain data with off-chain game-generated data in a single query and connect the results back to smart contracts on-chain.
“We’re thrilled to partner with one of the biggest and most respected gaming companies in the world,” said Nate Holiday, CEO and Co-Founder of Space and Time. “Space and Time is committed to advancing the blockchain gaming industry with essential next-generation infrastructure and developer tools. This partnership is a huge step forward for the Web3 gaming industry. Together, Wemade and Space and Time are building a new blockchain gaming ecosystem to onboard the next wave of game developers.”