Bitcoin, Ethereum, and Clay prices of over 100 billion won
Subsidiary Wemade Tree Wemix tokens are also rising
[서울파이낸스 이호정 기자] Recently, while global companies such as Tesla are investing in virtual assets (virtual currency), the amount of virtual assets held by WeMade, which is called the’Blockchain Game Pioneer’ in Korea, is gradually increasing as they show interest in blockchain early on.
According to the industry on the 16th, WeMade’s virtual assets are known to have reached 400 billion won.
As of the previous day, Wemade’s valuation of Bitcoin, Ethereum, and Clay amounted to about 110 billion won. Among these, Bitcoin and Ethereum prices fell from the previous day, but Clay prices increased further, and as of this day, the value is expected to be around 100 billion to 110 billion won.
Recently, Bitcoin, Ethereum, and Clay have shown a sharp rise. In particular, in the case of clay, it has steadily increased from the 6th and has exceeded the 3,000 won level on the 15th. It is analyzed that on the 10th, ground X CEO Jae-sun Han, who operates Clayton, presented Clayton’s vision using social network service (SNS), and answered questions from investors, which led to the price increase.
In addition, Wemade established Wemade Tree, a subsidiary of blockchain game development in 2018, launched the blockchain game platform’WeMix’, and issued WeMix, a virtual asset used in WeMix. Wemix is listed on the domestic exchange’Bithumb’ and the overseas exchange’Viki’.
Currently, the total amount of Wemix is 1 billion. Of these, about 50 million were distributed, and about 90% of them are known to be owned by WeMade. Considering the fluctuations in the market price, if WeMix’s price is in the 340 won range (348 won at 9 o’clock) as of the day, the market capitalization is 340 billion won and the holdings in WeMade Tree amount to about 30.6 billion won.
In the case of Wemix, the trend has continued to rise recently. Wemade Tree, the publisher of WeMix, is reinforcing its blockchain business by releasing new games globally, such as’Bird Tornado’ and’Jaeshin Electric’, which have recently applied a blockchain system. In particular, on the 8th, it announced its entry into the blockchain NFT (Non-Fungible Token) trading market.
NFT refers to game items or digital artworks that can authenticate ownership on the blockchain, and has the characteristic that it is impossible to replace one token with another token.
It is a concept that differentiates the value of each token from FT (Fungible Token, replaceable token) such as bitcoin. The advantage is that ownership is thoroughly guaranteed and transactions are possible through blockchain technology.
Recently, Tesla CEO Elon Musk, a singer who is well known as a lover, posted digital painting collection works on an online auction in the form of an NFT, earning $5.8 million (approximately 6.5 billion won) in 20 minutes, making it a hot topic. In response to this news, the price of WeMix rose from 210 won on the 8th to 348 won on the same day.
A Wemade official said, “It is difficult to give an accurate answer to the value of coins, but it is correct that the game industry is actively engaged in blockchain business.”
Copyright © Seoul Finance Unauthorized reproduction and redistribution are prohibited.