ویمیکس WEMIX / WEMIX

What Is WEMIX3.0 (Mainnet)?

WEMIX3.0 mainnet is an “experience-based, platform-driven & service-oriented decentralized blockchain protocol” which powers a “mega-ecosystem” of web 3.0 platforms. The mainnet is a high-performance Ethereum Virtual Machine (EVM) compatible open-source protocol powered by the SPoA (Stake-based Proof of Authority) consensus mechanism. The mainnet claims to offer the highest security possible, based on decentralized on-chain governance via 40 Node Council Partners(NCP), also known as 40 WONDERS, while still ensuring high transaction per second (TPS). Consensus will evolve towards complete decentralization through a multi-phase democratized governance.

What Is WEMIX?

WEMIX, the native coin of the WEMIX mega-ecosystem, serves as the primary medium of exchange and payment method for gas fees. With the introduction of the 'Brioche' hard fork, WEMIX tokenomics have undergone significant transformations, creating a sustainable and value-driven ecosystem. The hard fork permanently reduced and capped the total supply at 590 million WEMIX to preserve the token’s value and stability. The 'block minting halving' mechanism, introduced by the Brioche hard fork, is designed to gradually reduce the minting rate of WEMIX per block called 'Permanent Minting Reward (PMR)’ over time. Initially, WEMIX was minted at a rate of 1 WEMIX per block, amounting to 86,400 WEMIX per day or 31,536,000 WEMIX per year. The first halving reduced the annual minting amount to about 15 million WEMIX. This systematic reduction continues in 2-year cycles, progressively decreasing the number of tokens minted and fostering a more stable and advanced tokenomic structure.

Who Are the Founders of WEMIX?

WEMIX was founded in 2018 by WEMADE TREE(now Wemix PTE. LTD.), a subsidiary company of WEMADE, and began the journey with a solid vision to create a blockchain gaming platform servicing various games, connecting the in-game and the real world economy via tokenomics.

In August of 2021, WEMADE launched the flagship title, MIR4, on the WEMIX platform, triggering an unprecedented paradigm shift in the gaming industry. MIR4 has achieved unequaled success only four months into launch with more than 1.4M concurrent users and 20M cumulative registered users from more than 170 countries worldwide.

WEMIX has spearheaded the P2E market ever since. On October 20th 2022, WEMADE released WEMIX3.0, its own independent blockchain network, to further enhance the mega-ecosystem and establish WEMIX Coin as a key currency in the blockchain industry.