WEMIX3.0: Impacting Lives Through Games, DAOs, and DeFi - TOKEN2049 Singapore 2022

yeah uh thank you for coming token 2049 Singapore powered by us uh this is great I hope you have fun um my name is Rob and I am the business head of the business creative Center at we made so we're uh maintaining and managing everything related with the wemix 3.0 Mega ecosystem so today um I'll be speaking about um how we have gone from a gaming platform a global uh blockchain gaming platform into a mainnet launch that has three distinctive uh platforms that will synergize together to create one Mega ecosystem and today I'll be talking about uh each individual platforms from starting with the games so let's let's get started with gaming the commercial gaming industry began in the 70s with the arcade gaming and back then there were no terminologies such as Gamers but in the 80s when console games started there were Gamers and we could play these games at home which positioned games as viable hobbies for many in the late 90s online games started booming and this allowed for competitive and Cooperative gaming which uh in the end now uh evolved into Esports as we know it today in the mid-2000s and onwards uh we've had advancements in Mobile technology and this allowed for games to be played anywhere at any time so this uh essentially improved the accessibility of games for gamers all over the all over the world and now through the introduction of blockchain technology in gaming industry we are seeing applications such as p2e games and PNE games and this is what I want to talk to you about today so there are more than 3.2 billion gamers in the world this is a massive market and we all know this because everyone's interested in gaming now but what we don't understand is only a small fraction of these gamers are considered blockchain Gamers why is this the case we believe the main issue is behind um the two groups speaking different languages so for traditional Gamers they're more interested in the actual gameplay the quality of gameplay ultimately they want to enjoy and have fun through these games whereas blockchain Gamers they're more concentrated we're always talking about decentralization the technological aspect of blockchain Technology implementation including tokenomics transparency asset ownership and these are all important but the issue is that because they're speaking different languages we're having difficulty entering into the traditional gaming Market so what we did through our platform initially was to combine these two components in creating a platform that's offering both parties uh their sense of value for gaming now with that came we mixed play which is the first of the three platforms available on wemix 3.0 Lumix play currently has 15 games live being serviced to millions of users 31 games are upcoming currently I believe very soon by the end of the year we're expecting about 100 games to be serviced through the platform now from this I just want to give you a brief example of how we dealt with game development so bear 4 was released globally on remix play in August of 2021 and four months into launch we've we've secured achievements that no one else has done before through p2e games and I'll share that in a moment but what we focused on was as I said the gameplay aspect catering to the needs of the gamers traditional Gamers and combined blockchain technology to provide them with value addition now this was the result four months into launch we've obtained we've uh seen 1.4 million concurrent user base and now we have over 20 million users just for this one game and why was this possible for us it's because the idea of catering to the needs of traditional Gamers is it actually effectively created something much more than what we expected so Gamers could actually start playing the game they could enjoy the game this is an MMORPG by the way and the quality of the gameplay offered gamers actual fun through the gaming but without any of the limitations imposed by some of uh the P2 games that are out there right now uh for example nft purchasing being a requirement to play these games are a hindrance to the traditional Gamers former four these Gamers did not have to have nfts cryptocurrencies they didn't even need to have a wallet to play the game so this was the starting point of it all now what about the tokenomics and the blockchain side of things now we've entered into we've piqued the interest of these traditional Gamers and they have responded back in kind through these as you see on the board here the metrics that you see here are traditional Gamers adopting blockchain technology so the total token trade volume is over 370 million for this one game and the nft trade volume is approximately 40 million and the most expensive nft that was sold there's over four hundred thousand dollars now this is an unprecedented achievement for the p2e community and it was possible because we have one distinguishing feature uh from before and that is the nft mechanism so rather than creating nfts to offer to the community we've entitled the community and The Gamers to be able to create their own nfts so this is the game changer no pun intended what they did was they were playing rare 4 and the character that they were playing in the game world became an nft so they're essentially spending their time and money and effort in creating their own unique nfts and by doing this this allowed Gamers to trade value that are that are created and derived from their own experiences so this is what the biggest thing for Mirror 4 was now the lesson that we learned through this is well made games with quality content combined with blockchain economy provides a very strong value proposition for the traditional Gamers and also it provides a leeway for them to adopt the ways of blockchain Technology as you as you've seen in the slide before you can see the results now one other important lesson that we learned ourselves is that Gamers use they are actually used to considering games as a means of spending time and money whereas now through the likes of mere 4 what they're experiencing is the time is spent they used to spend have become an investment value so they're actually investing into games rather than spending money so now these gamers are playing the games and they're earning that's all great what do they do with what they earned uh traditionally speaking before we mix 3.

0 it was a linear experience cycle where once they earn something they exit the market and this was a repetitive scenario that we've seen but we mix play change this how by introducing defy to them and impede their interest because now it's becoming a whole new investment proposition for them so the second platform on wemix 3.0 is the D5 platform and we call it we mix five wemix 5 enables the use of an array of innovative D5 tools to engage The Gaming Community with more functionalities so that they can experience they can expand the experiences that they have on chain and more importantly the value goes into a cycle rather than out of the blockchain on-chain environment so this was very important for us and more importantly we mix Phi is going to be a secure platform enabling a fluid transaction or value of various cryptocurrencies with within the chain through different Services different D apps and games so this is essentially going to work towards uh growth of the actual ecosystem and help build developers or help developers build a stronger economy through the platform now the third and final platform is Nile and when you see Nile you may be thinking is that the River Nile yes it is the River Nile um philosophically speaking thou River used to be believed as in ancient Egypt it was believed as the source of life and on wemix 3.0 We Believe Nile will function as a source of new Innovative projects and this is the reason for the naming now all now there are three distinctive components that plays a critical role in building a new new apps new projects new businesses however you call it new stuff gets built every day and this is what uh Nile will function as so the three components are Dao nft and life now Dell is essentially a community powered launch pad for different games different projects the apps and and the sorts so this allows we've created a seven part complex protocol that allows community members to utilize the tools that are already given to them through our user interface and they can engage in creation of the dial funding of the dial and management through governance so this is moving towards web 3. the second portion of the platform is the nft and this is virtually an aggregation of nfts that are spread out in the economy or the ecosystem and it's also a way of collaborating and having people come together and connect with the type of people that share the same interests and this is made possible through these nfts so by owning specific types of nfts we're grouping them up automatically on a web 3 Community environment and it's called papyrus third and final portion life is our way of saying hey let's integrate blockchain technology into the real world application and this is made possible uh through the through certain projects that I've brought here to share with you as an example Tangled is one sneakers is the other and these are featured life projects on Nile Tangled is a web 3 communication tool that engages the community the world community in a video or voice chat and the reason why this is important is because if I were to for example if I want to learn Spanish I would speak to someone in Spain and the time that I spent in speaking to that person becomes tokenized and they are rewarded for speaking with me and teach me language now this essentially brings a new way of tokenizing and benefiting all parties involved in the web 3 space and that is talk to earn sneakers in the same way allows us to exercise and walk around and move around with different people in the real world and engaging them with tokenomics that enables them to earn through their actions in the real world now that is considered as move to earn so then combining these experiences we're moving from the originality of play to earn which is the game now we're moving into the real world and real activities and we're expanding The Experience into X to earn so ultimately we're planning in the future we believe this will be the Bedrock of an actual metaverse that works and that will connect us with the digital world and the real world so we mix 3.0 is scheduled to launch in October which is really soon and it's a layer one mainnet evm compatible and on the mainnet we will have three key platforms we mix play being the gaming platform D5 platform remix 5 and the now platform through utilizing these three platforms although these individual platforms will have its own economy and ecosystem we will combine it and synergize it together to create a mega ecosystem and on the mega ecosystem we are inviting various d-apps and services to become onboarded build on the remix and help us change the world so we mix the vision of wemix is an experience based platform driven and service oriented Mega ecosystem so talk to me afterwards if you're interested in building on Reddit thank you