• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Microsoft invests in the blockchain game developers

Microsoft invests in the blockchain game developers

user avatar

by dapp_writer005

3 years ago


One of the largest transnational software companies, Microsoft, has partnered with South Korean game developer Wemade.

The Wemade team noted that they managed to raise about $46 million from Microsoft, Shinhan Asset Management and Kiwoom Securities through the sale of convertible bonds.

The director of the gaming platform considers this contribution from proven and large investors to be very important for the further development of the project on the blockchain.

Wemade's main job - to incorporate blockchain technology into its products and transform classic games now. For example, Wemix3.0 was recently launched on the mainnet, a stablecoin and DeFi platform.

In the future, it is planned to launch the NILE economic platform, which supports NFTs and DAOs.

The blockchain games industry is attracting more and more projects. In October, Avalanche software developer Ava Labs has announced the launch of a Web-3 game next year with BLDR.

The Japanese studio Konami, known for a number of video games, is starting work on the launch of a Web3 product that will help NFT trading.

The developer of computer games Square Enix announced the release of tokens with the aim to blockchain business.

Earlier it became known that the virtual world of Gucci opened on The Sandbox.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other articles

What Is GMX? Full Guide to the DEX, GLP Pool, and Leverage Trading

chest

A detailed overview of GMX: how the platform works, GLP liquidity model, leverage trading features, and key advantages and risks of a decentralized exchange.

user avatarElena Ryabokon

What Is dYdX? Full Guide to the Platform, DYDX Token, and dYdX Chain

chest

A detailed overview of dYdX: how the platform works, features of dYdX Chain, the role of the DYDX token, and key advantages and risks of decentralized derivatives trading.

user avatarElena Ryabokon

Project Red Review: Gameplay, Tokenomics, and Web3 Game Technology

chest

In-depth overview of Project Red, a Web3 game with NFT assets, token economy, and metaverse elements. Explore gameplay, technology, and future potential.

user avatarElena Ryabokon

What Is Overeality? Web3 Game, NFT Platform, and Metaverse Explained

chest

A detailed overview of Overeality: Web3 game, NFT ecosystem, metaverse concept, token model, and the future of digital ownership.

user avatarElena Ryabokon

Injective Review: Technology, INJ Token, and DeFi Platform Potential

chest

A detailed overview of Injective: architecture, technology, INJ token, DeFi use cases, and the future potential of this blockchain platform.

user avatarElena Ryabokon

Aptos Overview: Technology, APT Token, and Next-Generation Blockchain Potential

chest

A detailed overview of Aptos: architecture, Move language, Block-STM, APT token, real-world use cases, and future potential of this next-generation blockchain.

user avatarElena Ryabokon

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.