Wemade

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

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

• Blockchain gaming platform
• MMORPG game development
• Web3 gaming ecosystem
• Play-to-earn games
• Crypto gaming infrastructure

Headquarters

HQ city

Seongnam

HQ country

South Korea

HQ region

Asia

Offices5 records

Markets served

GTM type

B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. 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.
2. Blockchain Platform Services: Revenue from blockchain ecosystem services including transaction fees on WEMIX3.0 mainnet, stablecoin transactions, and partnerships for KRW stablecoin infrastructure development.
3. 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

Go-to-market motion4 records

Distribution channels5 records

Marketing channels5 records

Core 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

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature5 records

Partnerships

Eight partnerships are on record, tiered core, major, minor and strategic.

• NICE Information & TelecommunicationcoreTechnology or Integration · 21 May 2026WEMADE 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.
• RazermajorGTM or Marketing Partner · 23 December 2025WEMADE 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 CommunitiesminorStrategic or Co-development Partner · 2 December 2025WEMADE 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 LabscoreTechnology or Integration · 28 November 2025Chainlink 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.
• ChainalysiscoreTechnology or Integration · 28 November 2025Chainalysis 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.
• CertiKcoreTechnology or Integration · 28 November 2025CertiK 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.
• SentBecoreTechnology or Integration · 28 November 2025SentBe joined WEMADE's GAKS alliance bringing fintech expertise for cross-border remittance and payment capabilities to the KRW stablecoin infrastructure development.
• NVIDIAstrategicTechnology or Integration · 6 January 2025WEMADE 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

Emerging 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

• Xx.com/wemadegames
• Facebookfacebook.com/wemade.global
• LinkedInlinkedin.com/company/wemade-co-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries5 records

Funding overview

Funding rounds1 record

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments32 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wemade