Wemade, a leading blockchain game developer based in South Korea, has unveiled new details on NILE, its on-chain DAO platform.
NILE, which stands for NFT Is Life Evolution, will allow artists to promote and monetize their works through DAO projects. Members can also earn rewards such as tickets to concerts, art exhibits, or sporting events.
The platform is integrated into Wemade’s WEMIX3.0 mainnet.
NILE’s first NFT collection – London Underground Station 264 Genesis – is a pixel art representation of each of London’s 264 underground train stations. The collection was developed by ‘PICDOT’, a design team consisting of pixel artists Zeeha and Locho.
Henry Chang, CEO of Wemade, said:
“With our utility coin WEMIX, and WEMIX$, a 100% fully reserved stablecoin, we are launching our own mainnet, WEMIX3.0. The mainnet will provide a complete set of games, DAO-based NFT, and DeFi. This platform-driven and service-oriented public blockchain will help build a better future for all of us.”
Neith protocol, which powers NILE, offers scalability, and interoperability between on-and off-chain activities through trusts. This protocol will allow large-scale projects to be organized and managed smoothly on the platform.
NILE is scheduled to be launched in Q3 2022.
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