The blockchain-based game MIR4 was released in late August. Since then, the title has caused shares of the Korea-listed game developer, Wemade, to almost quadruple. In turn, the company’s founder, Park Kwan-ho, has become a billionaire.
“Our games are evolving into metaverses and the value of the virtual assets are being recognized,” Wemade CEO Henry Chang said on an analyst call in August. “Wemade has since then continued to focus on capturing the opportunities that are created in the course of this transition.”
Since being launched on August 26th, MIR4 has been downloaded over 1 million times on the Google Play Store. This has caused shares of stock in Wemade to grow by 290%. Since Kwan-ho has an almost 45% stake in the company, Forbes now estimates his net worth is $1.2 billion.
MIR4 is a blockchain-based massive multiplayer online role-playing game. This title allows players to earn cryptocurrencies and non-fungible tokens as they play the game.
(All information was provided by Forbes and Google)
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