Microsoft Has Invested In Wemade A Korean Blockchain Game Company

Microsoft goes big into investing in Wemade, the Korean blockchain-focused studio behind the Mir series of MMOs. Wemade recently announced that its most recent investment round raised $46 million from a number of companies, including Microsoft. They have invested $14.8 million in Wemade by purchasing convertible bonds.

Wemade was founded in 2000 to develop PC and mobile titles, including the MMO Legend of Mir. They recently launched their latest title Mir 4 with blockchain support, including in-game NFTs and its own token called DRACO. The company calls its latest title as “the world’s first well-made blockbuster blockchain game since the company entered the blockchain industry in 2018”, but their ambitions definitely extend beyond the world of Mir and into the games industry at large.