WEMIX (WEMIX)

Rank #177

Market snapshot

Price
$0.196102
Market cap
$97.7M
24h volume
$840,362.11
Circulating supply
498,146,556.2831
Total supply
558,943,468.4927
Max supply
590,000,000

What is WEMIX?

WEMIX is designed as a blockchain ecosystem that supports decentralized applications (dApps), games, decentralized autonomous organizations (DAOs), and non-fungible tokens (NFTs). It aims to provide a comprehensive environment for developers and users within the gaming and metaverse sectors.

How WEMIX works

WEMIX operates on the WEMIX3. 0 Mainnet, which is based on the Ethereum Virtual Machine (EVM) and utilizes a Stake-based Proof of Authority (SPoA) consensus algorithm. This structure allows for the integration of various Ethereum technologies, making it easier for developers to build and deploy applications. The platform supports WEMIX PLAY, blockchain gaming platform, and offers decentralized financial services through its ecosystem.

Key information

Symbol
WEMIX
CMC rank
#177
Network / platforms

Wemix, Avalanche C-Chain, KAIA, Polygon

Categories
N/A
Date added
Oct 29, 2020

Token contracts on other networks

Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.

  • Avalanche C-Chain

    0xbce7e996f2bbcb8ed454de60e134450f979ea607
  • KAIA

    0x67cb285790bb9f5dce728f80a3104a2297df2bb2
  • Polygon

    0x9cf01f6a0413416679d8be06f782866ae9e3eae6

Key characteristics

WEMIX is characterized by its support for a range of applications, including gaming, NFTs, and decentralized finance. It is built on a technology stack derived from Ethereum, ensuring compatibility with existing Ethereum tools and libraries. The platform is open-source, allowing for community participation and development.

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and the destination details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is WEMIX?
WEMIX is a blockchain platform focused on gaming and the metaverse, supporting various applications including decentralized finance and NFTs.
How does WEMIX operate?
WEMIX operates on the WEMIX3.0 Mainnet, which is based on the Ethereum Virtual Machine (EVM) and utilizes a Stake-based Proof of Authority (SPoA) consensus algorithm.
What are the key technical features of WEMIX?
WEMIX is built on a technology stack derived from Ethereum, ensuring compatibility with existing Ethereum tools and libraries, and it supports a wide range of applications.
What are the risks associated with using WEMIX?
Digital asset prices can be volatile, and users should verify destination address and custody methods to mitigate risks.
Where can I find official resources for WEMIX?
Official resources for WEMIX can be found on their website at http://wemix.com/ and their technical documentation at https://docs.wemix.com/v/en/.

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