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Web3 data warehousing platform Space and Time is teaming with publicly listed South Korean game developer Wemade.Established in 2000, Wemade is a games developer recognized for the title &#34;The Legend of Mir 2,&#34; which was a successful roleplaying game in China. Since then, the company has changed its focus to blockchain and metaverse technology. It supports more than 20 play-to-earn games, according to a press release from the business.Wemade will be able to use Space and Time&#39;s developer toolkit to power its gaming services thanks to the strategic relationship. In order to enable businesses to conduct enterprise-scale analyses and execute quick transactions, the data warehouse attempts to mix on-chain and off-chain data in a single trustless environment.In a recent interview with The Block, Space and Time&#39;s CEO Nate Holiday stated that the company intended to focus on web3 games and DeFi protocols. In order to determine what in-game events result in online transactions, many blockchain gaming companies want to combine transactional and analytics data into a single warehouse, he continued.According to the company&#39;s press statement, Space and Time will assist Wemade in facilitating more intricate earning rewards for its games, running tamper-proof analytics against game activities, and lowering on-chain storage expenses through its data warehouse.&#34;We believe that blockchain is the future of gaming, allowing gamers greater ownership and control over their digital assets,&#34; said Shane Kim, the CEO of Wemix, Wemade&#39;s blockchain development company. &#34;The relationship with Space and Time will assist expand our blockchain infrastructure skills and contribute to our commitment to developing an inter-game economy as the blockchain transformation of traditional games continues to flourish.&#34;Wemix has its own cryptocurrency called wemix coin, which is presently trading about $1.80, and has recently announced plans to launch an Ethereum Layer 2 protocol, leveraging zero-knowledge proof (ZKP) technology.Recently, Microsoft has supported Wemade and Space and Time. While Space and Time received $20 million in a strategic investment round in September 2022, Wemade received $46 million from investors in November of last year.

Microsoft backed Space and Time partners with South Korean gaming firm Wemade

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Egyéb ezen a dátumon (2023. márc. 15.) megosztott cikkek

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