We partner with Space and Time for blockchain and gaming services
2023-03-14 20:06:28 ET
Wemade Co., Ltd (KOSDAQ: 112040) has announced a strategic partnership with Space and Time (SxT). The partnership will allow Wemade to use Space and Time’s decentralized suite of developer tools to power blockchain and gaming services.
Wemade Co., Ltd has a market capitalization of $1.4 billion and serves more than 20 different games to earn (P2E) games across all genres on its blockchain gaming platform WEMIX PLAY.
WEMIX PLAY
WEMIX PLAY is part of the huge ecosystem that Wemade’s developer subsidiary WEMIX is developing. It consists of its own mainnet WEMIX 3.0 powered by the WEMIX token (WEMIX/USD) and offers a comprehensive range of services including NFTs and DeFi.
WEMIX recently announced plans to launch an Ethereum layer 2 that uses zero-knowledge proof (ZKP) to improve scalability while ensuring user privacy and security.
Wemade and Space and Time will collaborate in the future development of the next generation decentralized infrastructure to stimulate a more robust and scalable GameFi development.
Commenting on the partnership, WEMIX CEO Shane Kim said:
“We believe blockchain is the future of gaming, offering players greater ownership and control over their digital assets. As the blockchain transformation of traditional gaming continues to grow, the partnership with Space and Time will help strengthen our blockchain infrastructure capabilities and contribute to our commitment to building an economy between games.”
Room and time package with developer tools
Space and Time offers a complete suite of developer tools in a single decentralized platform. It provides developers with real-time indexed blockchain data, a hybrid transactional and analytical (HTAP) data warehouse, and a serverless API gateway for simplified building of fully decentralized applications and faster dApp time-to-market.
Queries run in the Space and Time data warehouse are verifiably tamper-proof since the platform’s new cryptography, Proof of SQL, allows smart contracts to run tamper-proof queries directly, opening up a wealth of powerful use cases built on blockchain technology and a fully decentralized stack.
In addition, game developers building on Space and Time can merge real-time blockchain data with game-generated off-chain data in a single query and link the results back to on-chain smart contracts.
Therefore, Space and Time will allow Wemade to facilitate more complex monetization schemes for its P2E games, run tamper-proof analytics against the game activity and reduce on-chain storage costs by connecting a scalable decentralized data warehouse to the blockchain-based platform.
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