Wemade
- Company typePublic
- Founded2009
- HeadquartersSeongnam, South Korea
- Headcount1,001–5,000
- GTM typeB2C
- OfferingSoftware
Wemade firmographics
Firmographics- Name
- Wemade
- Legal name
- WEMADE Co., Ltd.
- Website
- https://corp.wemade.com
- Company type
- Public
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Ownership category
- akta.pro rank
Wemade industry classification
Industry- Product category
- Blockchain Gaming
- SIC
- Services-Computer Programming Services (7371), Finance Services (6199)
- akta.pro primary industry
- Web3/Blockchain Game Studios (MPAFAAAO)
- akta.pro secondary industries
- Blockchain Game Studios & Game Development (FSAPAGAC), GameFi Economies & Token Systems (tokens, staking, sinks/sources, inflation control) (FSAPAGAG), On-Chain Game Engines & Developer Tooling (SDKs, APIs, Unity/Unreal plugins) (FSAPAGAB)
Keywords
Where Wemade is headquartered
LocationHeadquarters
- HQ city
- Seongnam
- HQ country
- South Korea
- HQ region
- Asia
Offices5 records
Markets served
Wemade business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Gaming Revenue (Transaction Fees & Licensing): WEMADE generates revenue through transaction fees from blockchain gaming platforms, game licensing deals, and partnerships. The company has achieved $2.92B in total game revenue from 2009-2025, with $11B+ in cumulative transaction volume on the WEMIX3.0 mainnet.
- Blockchain Platform Services: Revenue from blockchain ecosystem services including transaction fees on WEMIX3.0 mainnet, stablecoin transactions, and partnerships for KRW stablecoin infrastructure development.
- Game Sales & Digital Content: Revenue from MMORPG releases including Legend of YMIR, Night Crows, and MIR4, with blockchain integration enabling additional monetization through in-game assets and competitive events.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Free-to-play with in-game purchases |
Go-to-market motion4 records
Distribution channels5 records
Marketing channels5 records
Wemade product offering
Product offeringCore offering
Wemade develops and publishes PC and mobile massively multiplayer online role-playing games (MMORPGs) and other game titles, with blockchain integration via its proprietary WEMIX 3.0 mainnet that enables play-to-earn mechanics, NFT-based digital asset ownership, and stablecoin transactions. The company also operates the WEMIX PLAY blockchain gaming platform and provides Web3 payment infrastructure through its WEMIXPAY service and the Global Alliance for KRW Stablecoin (GAKS).
Product overview
WEMADE is a South Korean blockchain gaming company operating a platform-plus-modules architecture. The core gaming portfolio spans MMORPGs (Legend of YMIR, Night Crows, MIR4, MIR5, Project TAL), a zombie extraction shooter (The Midnight Walkers), and mobile casual games (Anipang). This gaming ecosystem is built upon the WEMIX 3.0 blockchain mainnet, which provides the underlying Web3 infrastructure supporting NFTs, DeFi elements, and play-to-earn models. The broader WEMIX platform modules include the WEMIX token, WEMIXPAY payment infrastructure, and the GAKS stablecoin alliance. The company also partners with NVIDIA to integrate ACE autonomous characters into MIR5.
Differentiator
Problem solved
Functional benefit
Brands
- WEMIX: Blockchain ecosystem platform including WEMIX3.0 mainnet, WEMIX token, and Web3 gaming infrastructure
- WEMIX PLAY
- WEpublic
Products and services
- Legend of YMIR Norse mythology-inspired MMORPG powered by Unreal Engine 5, offering a sustainable economic system with blockchain integration, community-driven server management, and competitive esports. Targeted at global PC and mobile MMORPG players.
- Night Crows Large-scale battle MMORPG set in 13th-century Europe, featuring an inter-server integrated economy and a strategic aerial combat system with blockchain-backed NFT events. Targeted at MMORPG players.
- MIR4 Open-world MMORPG rooted in Eastern fantasy where players craft their own legends through a free martial arts system, massive battles, and guild-based cooperation and competition. Surpassed 1.4M peak concurrent users.
- MIR5 Next-generation sequel to MIR4 with NVIDIA ACE AI integration for autonomous NPC characters, building on MIR4's 1.4M PCU milestone with next-gen technology and a bigger universe.
- Project TAL AAA open-world action RPG that reimagines traditional Korean masks and folklore, delivering a deeply immersive single-player experience with strategic combat and rich narrative.
- The Midnight Walkers Hardcore first-person extraction shooter set in a zombie apocalypse world, redefining survival through strategic PvE and PvP combat combined with exploration.
- Anipang Flagship mobile match-3 puzzle game maintaining long-term success with short play sessions, ranking competitions, and social connectivity.
- WEMIX 3.0 Mainnet Proprietary blockchain mainnet powering Wemade's Web3 gaming ecosystem with over $11 billion in cumulative transaction volume, supporting stablecoins, NFTs, and decentralized applications. Serves as the platform enabling play-to-earn mechanics across games.
- WEMIX Token Cryptocurrency token powering the WEMIX ecosystem, pegged to the U.S. dollar and backed by USDC, used for transactions, rewards, and within the blockchain gaming economy. Listed on regional crypto exchanges including Thailand's Bitkub and Philippines' Coins.
- WEMIXPAY Web3 payment infrastructure enabling blockchain asset payments integrated with traditional finance through the NICE I&T payment network, allowing merchants to accept WEMIX and USDC.e stablecoins.
Quantifiable outcome
- $2.92B total game revenue (2009-2025)
- +3 more outcomes
Companies that use Wemade
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
Wemade technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
Feature5 records
Wemade partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core, major, minor and strategic.
- NICE Information & TelecommunicationcoreWEMADE and NICE I&T signed an MOU to develop Web3-traditional finance payment infrastructure in South Korea. The partnership integrates WEMIX and USDC.e stablecoins into NICE I&T's payment networks serving 740,000+ merchants nationwide, enabling real-world digital asset payments. NICE I&T also joins WEMADE's GAKS alliance for KRW stablecoin development.
- RazermajorWEMADE partnered with Razer to host the YMIR Cup World Championship esports tournament from February 28 to March 1, 2026 at Razer SEA HQ in Singapore. The partnership leverages Razer's network of 68,000+ digital distribution channels and 200 global payment partners for Legend of YMIR promotion. Tournament offers prizes worth up to $1,000,000 in in-game items.
- Player CommunitiesminorWEMADE launched Partner Server portal for Legend of YMIR, allowing players to manage and operate their own servers with an earnings share model. This community partnership deepens player engagement and enables decentralized server infrastructure.
- Chainlink LabscoreChainlink Labs joined the WEMADE-led Global Alliance for KRW Stablecoin (GAKS) launched in November 2025. Chainlink provides strategic support on technical standard establishment, infrastructure enhancement, and data integrity for the KRW stablecoin ecosystem (StableNet), strengthening the alliance's oracle infrastructure capabilities.
- ChainalysiscoreChainalysis joined the Global Alliance for KRW Stablecoin (GAKS) led by WEMADE, providing compliance and blockchain analytics capabilities for the KRW stablecoin ecosystem. The alliance aims to develop StableNet infrastructure with testnet in December 2025 and official launch in early 2026.
- CertiKcoreCertiK partnered with WEMADE to establish GAKS and provide security audit services for Korea's StableNet infrastructure. The collaboration focuses on security, transparency, and global competitiveness of the KRW stablecoin ecosystem.
- SentBecoreSentBe joined WEMADE's GAKS alliance bringing fintech expertise for cross-border remittance and payment capabilities to the KRW stablecoin infrastructure development.
- NVIDIAstrategicWEMADE Next partnered with NVIDIA to integrate ACE (Avatar Cloud Engine) autonomous game characters into MIR5. NVIDIA's AI technology enables more realistic NPC behavior and gameplay experiences in WEMADE's blockchain-integrated MMORPG.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
Wemade competitors and assessment
Company assessmentEmerging players
- The Sandbox: Web3 virtual-world platform with NFT-based user-generated content; comparable as a GameFi platform with strong IP partnerships, though more metaverse- than MMORPG-focused.
- Immutable: Layer-2 blockchain and gaming infrastructure provider for Web3 games (Gods Unchained, Illuvium); comparable to Wemade's WEMIX 3.0 platform-plus-games model.
Direct peers
- Animoca Brands: Web3 gaming and metaverse investment platform; comparable to Wemade as a parent of multiple blockchain game studios (Sandbox, Blowfish, etc.) building play-to-earn economies on proprietary infrastructure.
- Sky Mavis (Axie Infinity): Developer of Axie Infinity and creator of the Ronin blockchain; the closest direct peer given play-to-earn MMORPG-style gameplay and proprietary chain for game economies.
- Gala Games: Web3 gaming network building multiple blockchain-integrated games with NFT asset ownership; comparable to Wemade's WEMIX PLAY portfolio model.
- Netmarble: Korean mobile/PC game publisher (Lineage 2 Revolution, Marvel Future Fight) that has been actively building blockchain gaming through its MBX chain; most direct Korean peer to Wemade.
- Nexon: Major Korean/Japanese MMORPG publisher (MapleStory, Dungeon Fighter Online) with significant global franchise reach; comparable in scale and AAA MMORPG focus, though more Web2-leaning.
- NCSoft: Korean MMORPG leader (Lineage, Aion, Throne and Liberty); comparable product category and target audience to Wemade's MIR and Legend of YMIR franchises.
- Krafton: Korean gaming major (PUBG, inZOI) comparable in scale, public-market profile, and global AAA ambitions; increasingly active in Web3 exploration.
Others
- Polygon Labs: Layer-2 Ethereum scaling network that powers many Web3 games; comparable as adjacent infrastructure to WEMIX 3.0, and potential partner/competitor for game-chain infrastructure.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Wemade social profiles
Digital presenceWemade financial estimates
Financial estimateRevenue estimate
Valuation estimate
Wemade leadership team
Management profileNumber of profiles
Profiles1 record
Wemade subsidiaries and ownership
Company hierarchySubsidiaries5 records
Wemade funding detail
Funding detailFunding overview
Funding rounds1 record
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Wemade M&A and investment
M&A and investmentM&A1 record
Investments32 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Wemade
What does Wemade do?
Wemade develops and publishes PC and mobile massively multiplayer online role-playing games (MMORPGs) and other game titles, with blockchain integration via its proprietary WEMIX 3.0 mainnet that enables play-to-earn mechanics, NFT-based digital asset ownership, and stablecoin transactions. The company also operates the WEMIX PLAY blockchain gaming platform and provides Web3 payment infrastructure through its WEMIXPAY service and the Global Alliance for KRW Stablecoin (GAKS).
Is Wemade a public or private company?
Wemade is a public company. It is classified as public and is currently operating.
When was Wemade founded?
Wemade was founded in 2009. It employs 1,001 to 5,000 people.
Where is Wemade based?
Wemade is headquartered in Seongnam, South Korea, in the Asia region.
How does Wemade make money?
Three revenue lines are on record. Gaming Revenue (Transaction Fees & Licensing) is the primary driver. The others are blockchain Platform Services and game Sales & Digital Content.
Who are Wemade's main competitors?
Emerging players on record are The Sandbox and Immutable. Direct peers are Animoca Brands, Sky Mavis (Axie Infinity), Gala Games, Netmarble, Nexon, NCSoft and Krafton. Polygon Labs is listed as an others.
Does Wemade have an API?
No public API is recorded for Wemade.
What industry is Wemade in?
Wemade's product category is Blockchain Gaming. Its primary akta.pro industry code is MPAFAAAO, Web3/Blockchain Game Studios, with a secondary code of FSAPAGAC, Blockchain Game Studios & Game Development. Its SIC code is 7371.