WeMade initiated an ambitious transformation into the cryptocurrency realm back in 2018, initially establishing a dedicated blockchain gaming subsidiary and later reintegrating it. Among its notable endeavors is the WEMIX coin and platform, which has recently garnered attention despite facing a contentious domestic delisting decision in late 2022.
On March 13, the coin experienced a surge in trading volume, reaching a notable milestone of $17.8 million. This surge coincided with a broader uptrend in the cryptocurrency market. However, despite this positive momentum, WEMIX has yet to reclaim its previous all-time high of $24.71, recorded in November 2021.
Reports from the media indicate that WeMade's blockchain ventures have incurred losses for two consecutive years. Nevertheless, the company remains optimistic about its prospects for 2024. Despite encountering challenges with previous blockchain games, WeMade appears to have struck gold with its latest release, Night Crows.
According to Hanguk Kyungjae, Night Crows made its debut in "more than 170 countries" and attracted "150,000 concurrent users within one day of launch." WeMade asserts that the game drew significant interest from players, with approximately 100,000 visitors within the first hour of its release and a peak of 164,000 concurrent users around midnight.
In comparison, the company's previous game, MIR4, achieved a milestone of 120,000 concurrent users within a month of its 2021 launch. This recent success with Night Crows signals a potential turnaround for WeMade's blockchain gaming efforts, providing a glimmer of hope amidst previous setbacks.
