Tag: p2e

p2e

Latest News

Wemade's former CEO Chang Hyun-guk during an interview with the JoongAng Ilbo, an affiliate of the Korea JoongAng Daily [JOONGANG ILBO]

Ex-CEO of Wemade indicted for failing to disclose cryto data

CHang Hyun-guk, the former CEO of Wemade, was indicted on Monday for failing to disclose sales and circulation data of Wemix tokens.

2024.8.6

An image demonstrates the play-to-earn concept. [SHUTTERSTOCK]

DP lawmaker's scandal puts Korea's P2E sector at risk

A cryptocurrency trading scandal involving a lawmaker is battering Korea's in-game currencies market, also known as the play-to-earn (P2E) business.

2023.5.21

Delisting of Wemade's Wemix coins was justified: Court

Wemade shares crashed Thursday after a court sided with crypto exchanges and upheld their delisting of Wemade's Wemix tokens. The exchanges said that Wemade had not properly disclosed the number of tokens outstanding. In its decision, the ...

2022.12.8

Snkrz NFT sneakers sold on Opensea [SCREEN CAPTURE]

Increasingly popular X-to-Earn models make users work for their crypto

The X-to-Earn model that incentivizes users to be active in exchange for crypto rewards is expanding across the game, fitness and K-pop industries.

2022.10.5

Wemade to release its new mobile game Mir M on June 23 [WEMADE]

Wemade to launch Mir M: Vanguard and Vagabond in Korea on June 23

Wemade will launch its new mobile game Mir M: Vanguard and Vagabond in Korea on June 23, the company said Tuesday. Mir M is the latest edition of the Mir Massively multiplayer online roleplaying game (MMORPG) franchise and one of the ...

2022.5.31

Cyworld will reopen on Saturday [CYWORLD]

Relaunched Cyworld to offer users opportunity to earn cash

Cyworld users will be able to make money through non-fungible tokens (NFTs) and games, its operator said Monday ahead of the reopening of the service Saturday. Cyworld-to-earn (C2E) is based on the play-to-earn (P2E) game system which allows ...

2022.3.28

Cho Kye-hyun, CEO of Kakao Games, announces that Friends Games will change its name to Meta Bora during an online press conference held on Tuesday afternoon. [BORA NETWORK]

Friends Games becomes Meta Bora in meta-crypto rebranding

Kakao Games subsidiary Friends Games will change its name to Meta Bora and further develop the network of companies supporting its Bora cryptocurrency. The move comes as investor focus shifts toward the metaverse and companies seek to capitalize ...

2022.2.8

Korean law on gamers may make metaverse useless

The possibility of earning non-fungible tokens (NFT) in virtual gaming worlds shook the market and led to a rapid increase in the stock prices of a number of companies, until it became apparent that NFTs may be stuck in these virtual worlds. NFTs ...

2022.1.24

Game stocks discover gravity in 2022

Game stocks are nosediving this year after a gravity-defying 2021 thanks to their connections with the metaverse and non-fungible tokens (NFT), two fads that thrilled punters last year.

2022.1.13

Tag: p2e

p2e

Latest News

Ex-CEO of Wemade indicted for failing to disclose cryto data

DP lawmaker's scandal puts Korea's P2E sector at risk

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