Wemade (CEO Jang Hyun-guk) unveiled its utility coin “REFLECT” and Wemix-based steak service “Steak 360″ on the 15th.
Reflect is a synthetic asset. It was devised with a clear goal of revitalizing the game economy in the blockchain game platform WEMIX PLAY and integrating each game token.
Reflect can be created by combining a number of tokens included in the Reflect Alliance among various games serviced by WeMix Play. It can be broken down again at any time with game-specific tokens.
Steak 360 is a new staking service. It is differentiated from the existing staking service and can be used in certain period units (90, 180, 270, 360 days).
The staking limit for each period is 10 million Wi-Mix credits each. At maturity, 200,000 (90 days), 500,000 (180 days), 1.1 million (270 days), and 2 million (360 days) Wemix credits will be paid as rewards.
“Steak 360 will definitely pay the compensation promised with the WeMix Eco Fund,” said Jang Hyun-guk, CEO of Wemade. “Reflect will take the blockchain game economy to the next level as a composite coin of game coins with clear utilities.”
Details of Reflect Coin and Steak 360 can be found on the WeMix Play official site.