MIR4 Developer to Build Web3 Games in MetaGravity Metaverse

Despite South Korea’s ruling on releasing new Play-to-Earn games, WEMADE continues to build and expand.

wemade mir4 mmorpg character
  • Leading Korean Web3 gaming giant WEMADE has announced a strategic alliance with London-based Metaverse engine developer MetaGravity. 
  • The MIR4 developer plans to contribute to the MetaGravity web3 gaming ecosystem. 

WEMADE has signed an MOU with MetaGravity to build a unique game experience and platform for people to connect to and enjoy. The alliance plans to bring the vision of Jang Hyun-Guk, CEO of WEMADE, to life.

We Made It Despite the Ban

Despite South Korea’s Seoul Administrative Court ruling against releasing new Play-to-Earn games and NFTs, WEMADE has been actively building and expanding its ecosystem. Surprisingly, WEMADE’s flagship MMORPG, MIR4, ranked second globally based on Play-to-Earn sales.  

The MIR4 developer plans on adding to the MetaGravity vision of building the next generation of live digital worlds targeted toward gamers. WEMADE plans on using its high-performance open-source protocol WEMIX3.0 

WEMIX3.0 is powered by the platform’s native Stake-based Proof of Authority (SPoA) consensus algorithm, currently secured by 40 decentralized authority nodes. The nodes are operated by the platform’s global partners and on-chain community decentralized autonomous organization (DAO).

By utilizing WEMIX3.0, WEMADE plans to deliver a secure and scalable solution for the MetaGravity ecosystem. 

On the Flipside

  • WEMADE and MetaGravity have yet to share the specific details about their alliance; however, the platforms have shared that the partnership is gaming-related.

Why You Should Care

WEMADE is undeniably a pioneer in the Korean Web3 gaming space. Since the studio focused on the metaverse, it has bagged multimillion-dollar deals from big tech companies and investors worldwide. The strategic alliance is a landmark achievement for the studio, considering it is barred from making any new Play-to-Earn games or NFTs in the Korean market. 

Sponsored

 

You may also like:

Sponsored

Microsoft Backs Korean Blockchain Gaming Studio, Wemade, in $46 Million Investment.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Insha Zia

Insha Zia is a senior journalist at DailyCoin covering crypto developments, especially in the Cardano ecosystem. With a Bachelor of Science in Computer Systems Engineering, he delivers high-quality articles with his technical background and expertise in data analysis and programming languages, aiming to educate and inform readers accurately, transparently, and engagingly. Insha believes education can drive mass adoption of the crypto space, and he is committed to giving DailyCoin readers a better understanding of the technology.