WEMIX

WEMIX

WEMIX
$1.48%2.17

Key Metrics

Price$1.48
Real Volume (24H)$5,442,680.15
Marketcap$528,177,243.27
Fully Diluted Valuation$100,000,000
ATH$24.71
ATH Date11/21/2021, 8:33:44 PM
ATL$0.128398
ATL Date6/22/2021, 3:52:49 PM
Circulating Supply247M
Total Supply968M
WebsiteN/A
WhitepaperN/A
Popularity Rank129
Chart
What is WEMIX?

Wemix is a revolutionary platform that offers a wide range of blockchain-based games for users to enjoy. With over eleven games available on the platform, Wemix aims to become the go-to destination for blockchain gaming. According to the whitepaper, the network is designed to be self-advancing and self-sustaining, utilizing the latest advancements in blockchain technology to provide a seamless gaming experience.

One of the key features of Wemix is its emphasis on providing a sustainable and enjoyable gaming experience. The platform recognizes that current decentralized game applications (dapps) are often limited by issues such as low transactions per second (TPS) and high transaction fees. As a result, integrating everyday gaming content with blockchain technology can be challenging. To address this issue, Wemix has implemented a hybrid structure that combines private and public blockchain functions, along with intermediary chains, to achieve high TPS and low transaction fees.

In addition to improving the gaming experience, Wemix also aims to reduce technological and financial barriers for developers. The platform offers effective crowdfunding solutions, allowing developers to raise funds for their projects without the need for extensive registration. Users can simply sign in with their Google accounts to participate in crowdfunding campaigns.

The primary digital utility token of the Wemix ecosystem is WEMIX. These tokens are issued on public chains and can be transferred to service chains as needed. WEMIX tokens are used as the medium of exchange within the ecosystem, enabling all trade activities. The tokens can be used to pay fees for transferring tokens from the bridge chain to the public chain, staking, and paying for B2B solutions such as advertising networks, communities, admin consoles, security modules, data analysis tools, universal billing modules, and data storage. Additionally, users can earn WEMIX tokens through various rewards and incentives.

WEMIX tokens can also be exchanged for game tokens, which are used as in-game currency. Users can trade game tokens with other participants in the ecosystem or with people outside of the system. Furthermore, WEMIX tokens can also be used to purchase items on the platform.

Overall, Wemix is a platform that offers a unique and enjoyable gaming experience, while also providing a sustainable and inclusive ecosystem for developers and users. With its innovative approach to blockchain gaming, Wemix has the potential to become the leading destination for blockchain-based games.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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