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WEMADE And Metagravity Sign Strategic Alliance MOU To Collaborate On Blockchain Games For The Metaverse



Fintech News Desk


Pioneering Korean blockchain gaming giant WEMADE today announced a strategic alliance by signing an MOU with London-based Metaverse engine developer Metagravity. The alliance will help bring to life WEMADE CEO Jang Hyun-guk’s vision of building an experience people can enjoy by playing a well-made game and a vast platform that could connect everything.

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WEMIX3.0 is a high-performance EVM-compatible open source protocol powered by SPoA(Stake-based Proof of Authority) consensus algorithm which is secured by 40 decentralized authority nodes operated by highly-qualified global partners as well as on-chain community DAO (Decentralized Autonomous Organization). It is designed to be a robust and efficient platform-driven & service-oriented public blockchain home to innovative projects and applications built by the community for the world. WEMIX3.0 resolves the ‘Blockchain Trilemma’ by maintaining the balance between decentralization, security, and scalability by implementation of variable total gas fee formula based on the EIP-1559, the 40 WONDERS(WEMIX On-chain Network of Decentralized Ecosystem Regulators) also known as the node council partners, and 4,000 TPS throughput with a 1 second block interval.

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[To share your insights with us, please write to sghosh@martechseries.com]

Fintech News Desk

Fintech News Desk is a trained group of web journalists and reporters who collect news from all over the financial technology landscape. The financial services innovations include latest and advanced developments related to Digital banking, wallets, AI, ML, IT, Cloud Security, Privacy and Security, Cyber threat intelligence, Space, Big data and Analytics, Blockchain, and Crypto.
To connect, please write to Fintech market analyst at sghosh@martechseries.com.





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