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About WEMIX
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WEMIX3.0 mainnet:
A decentralized blockchain protocol powering a mega-ecosystem of web 3.0 platforms. -
Consensus mechanism:
SPoA (Stake-based Proof of Authority) with 40 Node Council Partners (NCP) for high security and decentralization. -
WEMIX coin:
Native coin of the WEMIX mega-ecosystem, used for gas fees and minted at a rate of 1 coin per block. -
Founders:
WEMADE TREE (now Wemix PTE. LTD.) founded in 2018.
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About WEMIX
WEMIX is a blockchain-based gaming platform that leverages the power of blockchain technology to create a decentralized, community-driven, and transparent ecosystem for gamers and developers alike.
Introducing WEMIX3.0: The Next-Generation Mainnet
WEMIX3.0 mainnet is an “experience-driven, platform-centric, and service-oriented decentralized blockchain protocol” that empowers a vast “mega-ecosystem” of web 3.0 platforms. This high-performance, open-source protocol is powered by the Stake-based Proof of Authority (SPoA) consensus mechanism, ensuring seamless compatibility with the Ethereum Virtual Machine (EVM). By leveraging decentralized on-chain governance through a council of 40 Node Partners, also known as the 40 WONDERS, the mainnet boasts unparalleled security while maintaining exceptional transaction per second (TPS) capabilities. As it evolves, the consensus mechanism will transition towards complete decentralization through a multi-phase, democratized governance model.
Introducing WEMIX: A Revolutionary Gaming Ecosystem
WEMIX serves as the native cryptocurrency of the WEMIX mega-ecosystem, functioning as a medium of exchange and payment method for gas fees. Notably, one WEMIX coin is minted with each subsequent block creation, with the Permanent Minting Reward (PMR) being distributed proportionally: 50% to NCP, 25% to the ecosystem fund, and 25% towards maintenance.
The Visionaries Behind WEMIX: Meet the Founders
WEMIX was established in 2018 by WEMADE TREE (now Wemix PTE. LTD.), a subsidiary of WEMADE, with a bold vision to craft a pioneering blockchain gaming platform that seamlessly integrates various games, bridging the in-game and real-world economies through innovative tokenomics.
In August 2021, WEMADE unveiled its flagship title, MIR4, on the WEMIX platform, thereby catalyzing a seismic paradigm shift in the gaming industry. In a mere four months since its launch, MIR4 has achieved unparalleled success, boasting an impressive 1.4 million concurrent users and a staggering 20 million cumulative registered users from over 170 countries worldwide.
At the forefront of the P2E market, WEMIX has been a trailblazer. On October 20th, 2022, WEMADE unveiled WEMIX3.0, a self-sustaining blockchain network, thereby elevating the mega-ecosystem and solidifying WEMIX Coin’s position as a pivotal currency in the blockchain realm.
Unveiling the Unparalleled WEMIX: A Trailblazer in the Crypto Realm
WEMIX boasts a comprehensive mega-ecosystem comprising individually functional yet collectively aligned key platforms and components, all of which synergistically drive its growth and expansion.
The ecosystem comprises:
WEMIX Play: Touted as the world’s largest and fastest play-and-earn (P&E) gaming platform, it serves as a vibrant hub for a diverse array of multi-genre games from around the globe, seamlessly integrating the “pay” element into the experience cycle of gamers worldwide.
NILE: A pioneering, next-generation community platform, empowered by DAO principles, designed to facilitate the creation, management, and seamless execution of projects through the Neith Protocol, a cutting-edge, programmable smart contract mechanism, unlocking unprecedented opportunities harnessed through collective potential.
WEMIX.Fi: The premier DeFi platform, offering a comprehensive suite of secure and transparent services, including swap, staking, pool, borrow, bridge, and more. Boasting high transaction per second (TPS) capabilities and low gas fees, WEMIX.Fi promises to deliver an unparalleled experience, backed by reliable financial services.
WEMIX$: The premier stablecoin protocol, boasting 100% collateralization of secure on-chain and off-chain assets, including USDC and fiat currencies, founded on the principle that the quantitative expansion of WEMIX$ precipitates the qualitative advancement of WEMIX.
WEMIX Wallet: The native, decentralized wallet of WEMIX, offering an experience-driven approach to managing funds and crypto-assets, sans custody; this non-custodial crypto wallet is meticulously designed to empower users with sole control over their private keys, ensuring unparalleled autonomy.
WEMIX Explorer: The WEMIX Explorer comprises two integral components: the Macroscope and the Microscope. The Macroscope encompasses a comprehensive dataset that has a direct impact on the overall growth and development of the ecosystem. In contrast, the Microscope delves deeper, scrutinizing intricate activities, including detailed transactions and block validations, within the WEMIX blockchain network, effectively functioning as a blockchain explorer.
Papyrus: Papyrus is a seamless, token-based communication platform that fosters connections among individuals united by their shared interests, as reflected in the tokens and NFTs they possess.
40 WONDERS: Also referred to as Node Council Partners (NCP), 40 WONDERS comprises esteemed technology sponsors and ecosystem sponsors who collectively represent the collective interests of the WEMIX community, thereby ensuring the integrity and security of the WEMIX network through governance.
The WEMIX Network’s Robust Security Mechanisms
WEMIX is a high-performance, EVM-compatible open-source protocol, driven by the innovative SPoA (Stake-based Proof of Authority) consensus algorithm, which is robustly secured by a decentralized network of 40 authority nodes, dubbed the “40 WONDERS,” operated by a distinguished group of highly qualified global partners.
WEMIX incorporates the dynamic total gas fee formula, as outlined in EIP-1559, which introduces a transaction pricing mechanism that adaptively adjusts gas prices in response to network congestion. This mechanism effectively deters malicious network spam by making continuous attempts prohibitively expensive, thereby bolstering the ecosystem’s security posture.
Where to Acquire WEMIX: A Comprehensive Guide
As of the current writing, WEMIX is available for purchase and trading on prominent cryptocurrency exchanges, including KuCoin, Gate.io, Huobi, Bybit, Bitget, Crypto.com, MEXC, and several others. For a comprehensive list of exchanges where you can buy and sell WEMIX, please
click here
.
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