Wemade's ambitious foray into Web3 initiatives faces a significant hurdle as the company grapples with a substantial tax obligation. This setback occurs shortly after the launch of their high-profile $100 million Web3 fund, raising concerns about the firm's financial standing.
Cheng YuanWemade and Whampoa Digital launch a $100 million Web3 fund to spur growth and innovation in the digital asset industry, especially in the Middle East.
Huang BoSouth Korean gaming giant, Wemade, is shaking up the gaming landscape with its latest move – integrating blockchain games into LG Smart TVs and monitors. This marks a pivotal moment for Wemade as it strides towards establishing an extensive blockchain-based gaming ecosystem.
JoyThis collaboration is set to position Whampoa Digital as an ecosystem partner for Wemade's WEMIX PLAY Center in Dubai International Financial Centre (DIFC) Innovation Hub and the Wemade Web3 Fund.
DavinThe company plans to use the funds to build a gaming ecosystem based on Libplanet blockchain technology.
Cointelegraph