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$0.73568937-1.9%
$0.73568937฿0.00001076
Today
Low:$0.74127700
High:$0.75973200
Yesterday
Low:$0.72891729
High:$0.74713339

Market information

Market Cap $302,863,834.36
Global Volume(24H)$729,107.24
All-Time Low$0.11317903
All-Time High$21.936
Initial Price
ROI
--
Circulating Supply 411,674,087 WEMIX
Circulation Percentage 77.4890%
Max Supply 590,000,000 WEMIX
Total Supply 531,267,911 WEMIX

Price history

Information

Converter

WEMIX

Project Introduction

WEMIX is a blockchain gaming platform developed by WemadeTree. WEMIX not only provides a blockchain network consisting of multiple nodes, but also provides a comprehensive WEMIX wallet, token exchange, advertising network, data storage, security modules and other services. WEMIX is adopting a new technology architecture to address low transaction speeds, high transaction costs, and facilitate mass adoption of blockchain. WEMIX tokens are practical tokens that can be used and earned in WEMIX games and can be traded, exchanged and transferred. WEMIX's platform is a hybrid architecture, multi-chain gaming platform that offers a vast array of gaming services. Wemix's core competency in setting a new standard in blockchain gaming is "sustainability." 'Scalability' The Wemix platform addresses inherent scalability and transaction costs with a hybrid 'multi-chain' infrastructure (public-bridge-private).

Project Vision

It aims to foster a blockchain gaming ecosystem with user "experience value" as its core, while existing blockchain gaming projects focus only on digital asset exchange.

Market Demand

Games are experience-based services, and only when the game content, the time invested by users, and the core components of the game are effectively integrated with post-chain technology will the value of the game be maximized, and the sustainable gaming platform based on blockchain (DA PPS) will be established. Existing decentralized game applications have to keep it simple form, due to the low TPS (per second) and high transaction costs, which hindered the daily game content and block chain technology integration, these early block chain game simplicity leads to a vicious circle, namely the restriction on the user, causes the game cycle is shortened, thus sustainable profit developers.

Solution

WEMIX solves the problem of low TPS and overcharging by using a hybrid architecture of public and private chains and connecting to intermediate chains under a hybrid structure. With its multi-chain structure ensuring scale advantages, the number of private blockchains can be increased to accommodate the increase in the number of games. In addition, trade representative bodies have been introduced to ensure efficient and seamless transfer of assets and data between chains within this multi-chain structure.

Project Implementation Mechanism

WEMIX's vision is to be the first to achieve mass adoption and build a global blockchain channel. The WEMIX Wallet drops many of the barriers to entry, with only three steps: Download -> Device -> Google/Apple account login (set password). Users who are new to the game need only the device to enjoy the game. Of course, local Chinese registration methods such as wechat account or Baidu account will also be added to the wallet. New WEMIX customers don't have to pledge or buy digital goods, and follow the Free to Play rules of traditional games. Low barriers make it easy to make blockchain-based games, and WEMIX will launch games that are already proven in marketplaces, so we target traditional gamers rather than digital property investors, which will expand WEMIX's potential market hundreds of times. From a marketing perspective, low barriers to entry and convenient UX mean a lot. WEMIX uses the same barriers as traditional ones to create a more useful marketing strategy. Decentralized applications include traditional blockchain games, which have a high threshold of application and high marketing difficulty. Although they successfully attract many potential players, they will soon lose more than 90% of their users due to the high threshold. But WEMIX, unlike traditional decentralized apps, can sell games with ease.

Token Usage Scenarios

1. Token Exchange: Trade WEMIX and game tokens with other users. 2. Item exchange: Win or make NFT items and trade them on the item exchange. 3. Purchase: You can purchase at the game store to make a profit.

Characteristic

1. Ensure the reliability and speed of transactions through the hybrid chain; 2. The infinite transaction processing system is constructed through multi-chain structure; 3. Realized asset value and data exchange between different chains through cross-chain technology; 4. It also created a diversified token economy. 5. Digital assets based on token economy and NFT, incentive mechanism and efficient and convenient exchange and trading system. The services they provide can be used in other areas, not necessarily games. WEMIX achieves its basic goal of providing traditional games with fun and convenience by lowering the barrier to entry through common authentication methods like Google and Facebook.

Release Mechanism

The total supply is set at 1 billion and the circulation is 123.2 million, with a current circulation rate of 12.10%. Market value is not available.

Incentive Mechanism

WEMIX Wallet service is available. WEMIX Wallet allows users to store, transfer, and exchange WEMIX, NFT, and game tokens for free. In addition, users can acquire unique digital assets while playing WEMIX games, which can be used in the game or exchanged on wallet exchanges. WEMIX Wallet APP is dedicated to providing mobile environment optimized services, providing users with the new WEMIX Wallet integrated authentication. Users can secure their information in a blockchain environment and use Dapps.

Values

WEMIX will spend the first half of 2021 improving its platform and technology development environment to release one game a month. We are also working to improve the WEMIX SDK and backend services. Through the second half of 2021, WEMIX continues to add the building blocks needed for the platform, such as an advertising network, community, data analytics tools, security modules, data storage, and more, to create a complete and integrated blockchain gaming platform. WEMIX will prioritize the most pressing and urgent priorities so that by the end of next year, more than half the work will be done. We'll see WEMIX's new comprehensive service that supports 20 to 30 blockchain games.

Project Risk

In general, when the number of DApp users increases, some measures will be taken to ensure scalability. But blindly expanding measures can lead to security problems. All digital currency projects have security concerns, and all cryptographic algorithms are more secure than their Dapps. These phenomena are no exception on blockchain. When developing and managing a blockchain platform, the most important thing is to ensure security. Both the core technology of the chain and some external factors surrounding it will lead to security risks of the algorithm and its software.

Investment Opportunity

The blockchain platform is very scalable, as long as enough users and resources converge on one platform, the platform can be expanded indefinitely. WEMIX is aiming for mass adoption in the blockchain industry, starting with what it does best: games. In areas such as finance and healthcare, consumer switching costs are very high. On the contrary, the consumer switching cost of the game industry is relatively low, and game users have a high acceptance of new platforms and new products. WEMIX starts with a solid foundation in games and then expands into other areas. WEMIX wants to build an integrated blockchain platform that offers multiple types of blockchain services, including games. We believe this will enable true mass adoption of blockchain.

Points

Start with the basics and tackle the basics first. The biggest obstacles to operating blockchain games are slow transaction processing and high transaction costs. WEMIX has solved this problem by introducing a hybrid multi-chain structure that combines the best of both the public and private chains. WemadeTree is entering the blockchain market with what it knows best: games. Plans to launch several blockchain games this year.

Pairs

RankSourcePairPrice24hVolume(24H)Trading PercentUpdated
1Gate.io1Gate.ioWEMIX/USDT
0.73410000
-1.86%$91,869.936.2645%2024-11-03 12:18:58
2Bitget2BitgetWEMIX/USDT
0.73270000
-2.24%$60,249.634.1083%2024-11-03 12:19:23
3KuCoin3KuCoinWEMIX/USDT
0.73620000
-2.09%$32,645.962.2261%2024-11-03 12:18:23
4BingX4BingXWEMIX/USDT
0.73690000
-1.85%$28,812.961.9647%2024-11-03 12:19:19
5MEXC5MEXCWEMIX/USDT
0.73420000
-2.02%$20,376.251.3894%2024-11-03 12:18:53
6Crypto.com6Crypto.comWEMIX/USD
$0.7343
-5.28%$476.170.0325%2024-11-03 12:19:03
7Gate.io7Gate.ioWEMIX/TRY
25.4900
-1.51%$401.540.0274%2024-11-03 12:18:45
8Gate.io8Gate.ioWEMIX/ETH
0.00030060
0.43%$329.950.0225%2024-11-03 12:18:02
9BitMart9BitMartWEMIX/USDT
0.73379900
-1.92%$369,434.4725.1913%2024-11-03 12:19:13
10HTX10HTXWEMIX/USDT
0.73310000
-1.85%$1,452.910.0991%2024-11-03 12:18:11
11GOPAX11GOPAXWEMIX/KRW
1,035
-1.71%$2,453.090.1673%2024-11-03 08:43:16
12XT.COM12XT.COMWEMIX/USDT
0.73410000
-1.86%$22,978.111.5668%2024-11-03 12:19:26

Trading platform transaction information

Trading Percent

All Exchange
ExchangeVolume(24H)Trading Percent
Gate.ioGate.io$92,601.4112.5576%Visit
KuCoinKuCoin$32,645.964.4271%Visit
Crypto.comCrypto.com$476.170.0646%Visit
BitgetBitget$60,249.638.1704%Visit
MEXCMEXC$20,376.252.7632%Visit
BingXBingX$28,812.963.9073%Visit
BitMartBitMart$369,434.4750.0988%Visit
HTXHTX$1,452.910.1970%Visit
GOPAXGOPAX$2,453.090.3327%Visit
XT.COMXT.COM$22,978.113.1160%Visit
ProBit GlobalProBit Global$43.18880.0059%Visit