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WEMIX Stock

WEMIX

WEMIX

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WEMIX Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
BithumbWEMIX/KRW0.3326,226.974,777.318.85 M0cex2186/2/2025, 7:59 AM
CoinoneWEMIX/KRW0.4719,651.1911,960.331.83 M0cex2796/2/2025, 7:59 AM
GateWEMIX/USDT0.4119,956.0912,745.74916,723.310.04cex4327/9/2025, 6:23 AM
BitMartWEMIX/USDT0.411,571.692,855.06651,809.180.04cex2497/9/2025, 6:21 AM
Bit2MeWEMIX/USDT0.538,461.5915,193.94379,412.090.06cex2964/8/2025, 6:35 AM
BITWEMIX/USDT0.7421.2536.64167,552.720cex14/30/2025, 10:55 AM
TapbitWEMIX/USDT0.41255.3607.67117,361.930.01cex1067/9/2025, 6:18 AM
XT.COMWEMIX/USDT0.411,027.331,208.53114,805.240.01cex1847/9/2025, 6:21 AM
KorbitWEMIX/KRW0.3400102,940.871.7cex16/2/2025, 8:00 AM
GOPAXWEMIX/KRW0.330072,594.220cex16/2/2025, 8:00 AM
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WEMIX FAQ

What is WEMIX3.0 (Mainnet)?

WEMIX3.0 mainnet is a "platform-driven, service-oriented, experience-based decentralized blockchain protocol" designed to support a "mega-ecosystem" of web 3.0 platforms. This mainnet is a high-performance, Ethereum Virtual Machine (EVM) compatible open-source protocol, powered by the Stake-based Proof of Authority (SPoA) consensus mechanism. It claims to provide the highest possible security via decentralized on-chain governance implemented through 40 Node Council Partners (NCP), referred to as 40 WONDERS, while maintaining a high transaction per second (TPS) rate. The consensus mechanism is set to evolve towards full decentralization through a multi-phase democratized governance framework.

What is WEMIX?

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.

Who Founded WEMIX?

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.

What Distinguishes WEMIX? WEMIX is set apart by its unique features and technological innovations within the crypto market. Its distinct characteristics and applications contribute to its singularity, offering users and investors new opportunities for engagement and growth. For more comprehensive insights and updates on WEMIX, visit Eulerpool.

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.

How is the Security of the WEMIX Network Ensured?

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.

Where Can You Purchase WEMIX?

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.

Investors interested in WEMIX are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.