Wemade is described as a pioneer in game development from South Korea. The company’s focus is shifting towards metaverse and blockchain (NFT, DeFi) technology with an emphasis on personalizing the gaming experience through in-game asset ownership.
Wemade says its aim is to transform everyday games with blockchain technology and establish its Wemix token as a key currency in the gaming industry. CEO Henry Chang says wants to make Wemade the “Steam of blockchain games”.
Wemade is the developer and owner of “The Legend of Mir” IP. The Legend of Mir apparently has more than 500 million users. And its latest blockchain game Mir4 is a new web3 game that apparently has more than four million people playing every month.
The first investment will be in the venture lab, which will work with creators, talent, and franchise owners to conceive, validate, test, and build the next generation of web3 platforms.
Caerus Ventures is a newly launched investment firm led by IMG executive Nathan Pillai, who said Caerus aims to catalyze innovation in web3, focusing on sport, gaming, music, film, fashion, and art.
