[Special Stock] Wemade, Explosive Global Mir4 Traffic Growth... Anticipation for Character NFT Release

[Asia Economy Reporter Hyungsoo Park] Wemade's stock price is on the rise. The news that the mobile massively multiplayer online role-playing game (MMORPG) ‘Mir4’ has surpassed 1.3 million concurrent users appears to be influencing the stock price.

At 11:01 AM on the 12th, Wemade is trading at 188,300 KRW, up 4.43% from the previous day.

Mir4 exceeded 1 million concurrent users on the 27th of last month and surpassed 1.3 million users within two weeks. The number of concurrent users on the global gaming platform ‘Steam’ is also approaching 100,000.

The number of servers, which was only 11 on the official launch day at the end of August, has now increased to a total of 207. The service regions cover various parts of the world including Asia, Europe, South America, North America, India, and the North Africa and Middle East regions.

A recent large-scale update was cited as one of the factors for the increase in concurrent users. New systems that will enhance the game’s enjoyment, such as character non-fungible tokens (NFTs) and the XDraco (XDRACO) item marketplace ‘EXCHANGE BY DRACO,’ are also scheduled to be unveiled soon.

Jang Hyun-guk, CEO of Wemade, commented on the recent trend of many companies announcing blockchain game development, saying, “Having many followers means our vision is correct,” and added, “Wemix, the key currency in the gaming industry, is a prepared platform that can quickly implement the plans of many game companies.”

Lee Moon-jong, a researcher at Shinhan Financial Investment, explained, “We are preparing to launch various new blockchain games such as Yeolhyeol Gangho, Abyssrium, and Dark Eden,” and “Our goal is to launch 100 games by the end of next year.” He added, “We aim to be a platform where developers can freely create blockchain games by providing an SDK,” and noted, “The appropriate market capitalization can vary significantly depending on whether Mir4’s global sales are maintained next year and the success of other blockchain games.”