WeMade

The core business of Yumei De is divided into two parts: traditional game development and blockchain ecosystem layout. The traditional business is based on the "Legend" series IP, developing and operating classic MMORPG games such as "Blood Legend" and "Legend 4," covering multiple markets worldwide. In the cryptocurrency field, the company established a subsidiary, WeMade Tree, in 2018, launched the blockchain gaming platform WEMIX, and built a complete ecosystem: WEMIX 3.0 Public Chain: An independent blockchain network launched in 2022, supporting high throughput and cross-chain asset interoperability, integrating functions such as gaming, NFT trading, and DeFi services. Play-to-Earn (P&E) model: In games like "Legend 4," players can earn in-game tokens (such as DRACO) through activities like mining and minting NFTs, which can be exchanged for the platform token WEMIX, achieving "earn while playing." NFT and DeFi Services: The NILE platform under its umbrella offers DAO governance and NFT trading, while WEMIX Fi supports financial operations such as staking and lending, forming a closed-loop economic system.

Profits related to cryptocurrency are mainly achieved through the following methods: Token Sales and Circulation: Players need to exchange the DRACO obtained through in-game activities for WEMIX to trade. The company adjusts market supply and demand by controlling the issuance and circulation of WEMIX, while also generating revenue by selling WEMIX through official channels. For example, in the fourth quarter of 2021, WEMIX token sales accounted for 64% of the company's total revenue. Transaction Fees and Profit Sharing: The WEMIX Play platform charges a 2.5% fee on NFT transactions for the games that settle in. The portion of NFT transaction revenue on the NILE platform is used for token burning, creating a deflationary mechanism. Operations such as staking and lending in DeFi services also generate fee income for the company. IP Authorization and Ecological Cooperation: Authorizing the "Legend" IP to third-party developers for blockchain games, and collaborating with institutions like Binance Custody to manage WEMIX tokens, enhancing market trust while expanding business scenarios.

Promoting user growth and ecological expansion: The P&E model attracts a large number of players, with "Legend 4" accumulating over 20 million users, driving the demand for WEMIX tokens, and the on-chain transaction volume exceeding 108 million in 2023. Enhancing cash flow stability: Token sales and fee income provide the company with a continuous cash flow, with blockchain business revenue accounting for 64% in 2021, helping the company successfully transition from the traditional gaming industry. Building a decentralized economic system: By implementing a deflationary mechanism (annual burn plan accounting for 5% - 10% of total supply) and DAO governance, enhance the value of WEMIX tokens while reducing dependence on a single game product.

WEMIX Token: As the core token of the platform, its value is directly influenced by factors such as game activity, NFT trading volume, and the number of DeFi users. For example, player behavior in "Legend 4" will increase the demand for DRACO exchanges, indirectly driving up the price of WEMIX. The delisting of WEMIX from South Korean exchanges in 2022 led to a 74% drop in the token, highlighting its market sensitivity. DRACO (in-game token): Players obtain DRACO through mining, and its issuance is regulated by the game’s economic system, forming a pegged relationship with WEMIX, which further affects the circulation of WEMIX. Bitcoin ( BTC ): The company holds 223 bitcoins as a long-term investment, which, while not directly affecting the market, reflects its strategic allocation towards cryptocurrency assets.