WEMIX is the native coin of the WEMIX mega-ecosystem, functioning as the central medium of exchange and the payment method for gas fees. With the implementation of the 'Brioche' hard fork, the tokenomics of WEMIX have seen significant changes, fostering a sustainable and value-oriented ecosystem. This hard fork permanently decreased and limited the total supply to 590 million WEMIX to maintain the token's value and stability. The 'block minting halving' mechanism, introduced by the Brioche hard fork, aims to gradually slow the minting rate of WEMIX per block, known as the 'Permanent Minting Reward (PMR),' over time. Initially, WEMIX was minted at a rate of 1 WEMIX per block, equating to 86,400 WEMIX per day or 31,536,000 WEMIX per year. The first halving reduced the annual minting to approximately 15 million WEMIX. This systematic reduction continues in 2-year cycles, progressively decreasing the number of tokens minted and promoting a more stable and sophisticated tokenomic structure.

WEMIX was established in 2018 by WEMADE TREE, now known as Wemix PTE. LTD., a subsidiary of WEMADE, with a robust vision to develop a blockchain gaming platform that connects various games, linking the in-game economy with the real-world economy through tokenomics. In August 2021, WEMADE launched its flagship title, MIR4, on the WEMIX platform, prompting a remarkable paradigm shift within the gaming industry. Within just four months of its launch, MIR4 achieved unparalleled success, garnering more than 1.4 million concurrent users and 20 million cumulative registered users across over 170 countries globally. Ever since, WEMIX has been at the forefront of the P2E market. On October 20, 2022, WEMADE introduced WEMIX3.0, its own independent blockchain network, to further enhance the mega-ecosystem and position WEMIX Coin as a key currency within the blockchain industry.

The WEMIX mega-ecosystem consists of individually functional and collectively aligned key platforms and components that directly contribute to its growth and expansion. The ecosystem includes: WEMIX Play: Promoted as the world's largest and fastest play-and-earn (P&E) gaming platform, it hosts numerous multi-genre games from around the globe, integrating the "pay" segment into the gaming experience for global players. NILE: A next-generation DAO-powered community platform designed for the creation, facilitation, and management of projects using the Neith Protocol, a programmable smart contract mechanism, offering innovative opportunities through collective potential. WEMIX.Fi: The official DeFi platform offering secure and transparent services for users, such as swap, staking, pool, borrow, bridge, and more. With high TPS and low gas fees, WEMIX.Fi aims to deliver the best experience with reliable financial services. WEMIX$: The official stablecoin protocol with 100% collateralization using on-chain and off-chain secure assets like USDC and fiat currencies, based on the belief that quantitative growth of WEMIX$ leads to qualitative growth of WEMIX. WEMIX Wallet: A decentralized native wallet of WEMIX, providing experience-centric services for managing funds and crypto-assets without custody requirements; this non-custodial crypto wallet is designed to give users complete control over their private keys. WEMIX Explorer: Comprising two components, the Macroscope and the Microscope, the Macroscope gathers data influencing the ecosystem's overall growth, while the Microscope analyzes activities such as detailed transactions and block validations within the WEMIX blockchain network — commonly known as a blockchain explorer. Papyrus: A seamless token-based communication tool that connects individuals with shared interests based on the tokens and NFTs they hold. 40 WONDERS: Known as Node Council Partners (NCP), 40 WONDERS is composed of technology and ecosystem sponsors representing the interests of the WEMIX community as a whole and securing the WEMIX network through governance.

WEMIX is a high-performance, EVM-compatible open-source protocol that operates using the SPoA (Stake-based Proof of Authority) consensus algorithm. This system is secured by 40 decentralized authority nodes, known as 40 WONDERS, managed by highly qualified global partners. WEMIX incorporates a variable total gas fee formula as part of EIP-1559, an implementation of the transaction pricing mechanism that dynamically adjusts gas prices to accommodate momentary transaction spikes within the network. This mechanism ensures that persistent attempts at malicious network spam become prohibitively expensive, thus serving as a reinforced security layer within the ecosystem.

As of the current time, WEMIX is available for purchase and trading on prominent exchanges including KuCoin, Gate.io, Huobi, Bybit, Bitget, Crypto.com, MEXC, among others. For a comprehensive list of exchanges where WEMIX can be bought and sold, please refer to Eulerpool.