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You are at:Home » Wemade Makes a strategic investment in esports company DRX
Investment & Funding

Wemade Makes a strategic investment in esports company DRX

Arun ShakyawarBy Arun ShakyawarDecember 2, 2022Updated:December 2, 2022No Comments1 Min Read
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Wemade Makes a strategic investment in esports company DRX
Wemade Makes a strategic investment in esports company DRX
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Wemade has made a strategic investment in esports company DRX. The companies will join forces in leading eSports fan culture and integrate it with the WEMIX platform for ecosystem expansion.

  • Founded in 2012, DRX is a Korean eSports company whose eSports teams include games such as League of Legend, Warcraft 3, Tekken 7 and more.
  • DRX’s League of Legend team recently won the 2022 LoL World Championship, and Valorant team recorded 103 wins and 4 draws during a year and a half since its debut. With 22 championships under its belt, the team is considered to be the strongest in Asia.
  • Wemade plans to reach out to 3.7 million DRX fans worldwide by onboarding DRX’s excellent IP.
  • “eSports is a perfect fit for blockchain, since it has been evolving futuristically through repeated technical innovations,” said Henry Chang, CEO of Wemade.
  • “Through NILE, the DAO & NFT platform of WEMIX, we will complete a digital economy that connects gaming, entertainment, sports, art, and finance,” Henry added.

Read Also: Wemade to challenge DAXA over delisting of WEMIX from crypto exchanges in South Korea

DAO DRX Esports NFTs Wemade
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Arun Shakyawar
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Arun Shakyawar is a Tech writer based out of Los Angeles. He holds an Engineering degree in Electronics and communications, and an MBA in marketing. He specializes in TMT. Before writing full-time, Arun worked as a management consultant with leading consulting firms. As a consultant he developed interest in blockchain technology, and now actively tracks blockchain and digital asset markets. Arun can be reached at arun@alexablockchain.com.

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