[Press_Release] Wemade Tree Announces Strategic Investment in Yeolmae Company For Art NFT Trade Service
#WEMIX #WemadeTree #Invest #Blockchain #NFT #Art #Trade #Yeolmae #ArtNGuide
Wemade Tree Announces Strategic Investment in Yeolmae Company For Art NFT Trade Service
- Wemade Tree’s blockchain technology to be applied to ArtNGuide, a group art purchase service
- Wemade Tree to enter art NFT market in the near future
Wemade Tree, a blockchain subsidiary of Korean game company Wemade, announced an investment in Yeolmae Company, provider of art group purchase service ArtNGuide.
ArtNGuide led the first online group art purchase in Korea in Oct. 2018. Users can buy an affordable number of ‘pieces’ of works by renowned artists and receive joint ownership, and share profits from resale. Purchased artwork is stored and managed by Yeolmae Company, and joint owners can visit and appreciate the genuine work. From MZ Gen, many of whom are already familiar with the concept of the group purchase such as limited edition sneakers joint purchase and resale, to people in their 40s to 60s, are using ArtNGuide. Ownership is being recorded and managed safely on blockchain since 2019.
Wemade Tree aims to enter the NFT market in the first half of 2021, and the trade of various digital assets, including art, will be supported. Ownership obtained on ArtNGuide will be recorded on Wemade Tree’s blockchain platform WEMIX, and purchasing arts with WEMIX Token will be possible in the near future. Wemade Tree will assist ArtNGuide with blockchain technology, while benefiting from ArtNGuide’s art market experiences when entering the art NFT market.
Wemade Tree’s CEO Shane Kim said “Yeolmae Company has a broad range of customers and deep experiences in online art trade, and is already using blockchain technology. These made Yeolmae Company an ideal partner for pioneering into the art NFT market with.”
Jaewook Kim, CEO of Yeolmae Company, said “with this strategic investment, Yeolmae Company can adopt Wemade Tree’s blockchain technology to develop an easy-to-use joint ownership trade solution and present a new vision for the art NFT market.”
About WEMIX
WEMIX is Blockchain Gaming Platform developed by Wemade Tree Pte. Ltd, providing services including Cryptocurrency Wallet, Token Exchange, Game Item Trade and Game Gateway. Wemade Tree Pte. Ltd is subsidiary of Wemade, the Developer and Owner of “The Legend of Mir” IP, highly successful game with over 500 Million users.
Current servicing games are <BirdTornado for WEMIX>, Legend of Mir IP game <CaiShenChuanqi for WEMIX> can be found in WEMIX Gaming platform.
Upcoming WEMIX Games Lineup, soon to be launched are following : <Cryptornado for WEMIX>, <Fishing Strike for WEMIX>, <AquaTornado for WEMIX>, <WIND Runner for WEMIX>, <Abyssrium for WEMIX>, <Icarus M for WEMIX>, <Candy Pang for WEMIX>, <Everytown for WEMIX>, <My Secret Bistro for WEMIX>, <Touch Fighter for WEMIX> and <Chuanqi Mobile for WEMIX>.
WEMIX Official Telegram Link :
- https://t.me/WemixNetworkAnnounce
- https://t.me/WemixNetworkENG
- https://t.me/WemixNetworkKOR
- https://t.me/WemixNetworkCHN
- https://t.me/WemixNetworkESP
