What is $WEMIX?

The gaming landscape in the Philippines just got a major upgrade with Coins.ph officially listing WEMIX for spot trading and instant conversion.

Developed by the South Korean gaming giant Wemade, WEMIX is a high-performance Layer-1 blockchain designed to power a "mega-ecosystem" of Web3 services. It acts as the foundational currency for WEMIX PLAY, the world’s largest blockchain gaming platform, and fuels massive AAA titles like Legend of YMIR, NIGHT CROWS, and MIR4.

Learn more about $WEMIX by reading the article below.

Ticker	WEMIX
Website	https://wemix.com/
Network	WEMIX3.0
Summary of Project	The WEMIX3.0 Mainnet is built on an EVM-compatible architecture and secured by the SPoA (Stake-based Proof of Authority) consensus mechanism. The network is designed with a strong focus on security and scalability. WEMIX Coin is issued by WEMIX PTE. LTD., a 100% subsidiary of WEMADE Co., Ltd., a publicly listed gaming company in South Korea. WEMIX is the native utility coin of the WEMIX3.0 network, primarily used for gas fees, staking, and transactions within the ecosystem.
Tokenomics	The maximum supply of WEMIX is capped at 590 million, with a halving mechanism that reduces the issuance rate every two years. The first halving occurred on July 1, 2024, following the implementation of the Brioche hard fork. The current issuance rate is 0.5 WEMIX per block. As part of the Brioche hard fork, approximately 434 million WEMIX held by the Foundation were burned. This burn event, together with the halving mechanism, was introduced to limit new WEMIX minting and reinforce long-term value creation for ecosystem participants.
Contract Address	Not applicable. WEMIX is the native coin of WEMIX3.0 network.
Token Max Supply	590 million
Year incorporated	2020

History of WEMIX
One of the most notable milestones was the launch of MIR4 by WEMADE on the WEMIX platform in August 2021. Within four months, the game surpassed 1.4 million concurrent users and recorded over 10 million registrations across more than 170 countries. This marked a major turning point for the WEMIX ecosystem and accelerated its expansion. 

In 2023, Night Crows, a AAA MMORPG built with Unreal Engine 5, launched globally as a blockchain game and recorded $10 million in cumulative sales within three days of release.

In October 2025, Legend of YMIR, another AAA MMORPG, launched globally. Among its servers “Manila” was introduced in recognition of the large and highly active player community from the Philippines.

Building on the success of its gaming titles, WEMIX has expanded into a comprehensive Web3 ecosystem, including: 

1. WEMIX PLAY – A leading blockchain gaming platform 
2. WEMIX.Fi – The official DeFi platform of WEMIX3.0 
3. WEMIX Stake – A staking program that supports network stability and community participation alongside node validators 
4. WEMIX PAY – A hybrid payment solution supporting both fiat and cryptocurrency for seamless purchases within the WEMIX PLAY ecosystem

What is the project goal of WEMIX? 
WEMIX aims to provide seamless and sustainable Web3 experiences for gamers, game developers, and service providers.

The project addresses several key challenges in the Web3 gaming space, including: 

- Complex onboarding processes 
- Limited high-quality content in blockchain gaming 
- Concerns around the long-term sustainability of Web3 ecosystems

What is $WEMIX? What are its use cases?
WEMIX is the native utility coin of the WEMIX3.0 network.

• Paying gas fees on the network 
• Staking to support network operations 
• Transactions within the ecosystem 
• In-game purchases on WEMIX PLAY Payments through WEMIX PAY Swapping with in-game tokens NFT purchases and marketplace transactions

What sets WEMIX apart from other Web3 projects? 
WEMIX is backed by WEMADE Co., Ltd., a publicly listed gaming company in South Korea with over 25 years of experience in the gaming industry. This strong foundation enables WEMIX to deliver AAA-quality blockchain games supported by an existing global gaming community. 

The combination of proven game development expertise and a large user base provides a significant advantage in expanding the blockchain gaming ecosystem.

What can we expect from WEMIX this 2026 and the upcoming years? 
WEMIX plans to continue expanding its ecosystem, with a particular focus on its gaming platform through upcoming titles such as MIR 5 and Night Crows 2. In addition, the continued growth of WEMIX PAY, which enables users to purchase in-game items using WEMIX, is expected to further develop into a broader payment solution within the ecosystem.

In the long term, WEMIX aims to evolve into a comprehensive gaming platform that integrates both blockchain-based games and traditional Web2 games, further bridging the gap between conventional gaming and Web3.