Connect with us

Press Release

Wemade launches first-of-its-kind ‘PoET’ block reward program

Published

2 years ago

on

  • The world’s first program that provides block rewards to both dApp developers and users
  • The amount allocated to the eco-fund in the PMR is returned to the participants to promote a leap into a mega ecosystem
  • After developing the DApp, you can participate in the program by receiving the VET (Verified Ecological Transaction) certification mark.

Leading South Korea-based blockchain developer Wemade has launched the world’s first block minting rewards program that equally rewards builders and users.

‘PoET, which stands for “Proof of Ecological Transaction”, is a program designed to foster a more dynamic WEMIX ecosystem, by providing the Eco Fund portion of the PMR (Permanent Minting Reward) generated on the WEMIX3.0 blockchain network to transaction participants who contribute to the robust growth and expansion of the ecosystem.

PoET grants certification marks known as VET (Verified Ecological Transaction) upon transactions that contribute to ecosystem growth by interacting with Verified Contracts. Additionally, it grants a maximum of 0.25 WEMIX per block to users and contracts that have actively originated with these transactions.

Sustainable and sound ecosystem development 

PoET recognizes high quality transactions that contribute to the growth of the WEMIX3.0 ecosystem and network, and was designed to treat users and builders equally when giving out the distribution amount. This method of distribution fits the objective of Eco Fund, which aims to provide the distribution amount in an effective manner to users and builders that contribute to the growth of the network, and prevent attempts to increase block shares with the use of meaningless bots and abuse.

PoET encourages users and builders to be involved in creating a flywheel of value growth. Through this, PoET thrives to achieve sustainable development while maintaining a sound mainnet ecosystem. With the introduction of PoET, the mainnet will serve to contribute to the construction of a more stable and sustainable blockchain ecosystem.

More information can be found on the official PoET site. (http://wemixecofund.com/poet) 

About WEMADE

A renowned industry leader in game development with over 20 years of experience, Korea-based WEMADE is leading a once-in-a-generation shift as the gaming industry pivots to blockchain technology. Through its WEMIX subsidiary, WEMADE aims to accelerate the mass adoption of blockchain technology by building an experience-based, platform-driven, and service-oriented mega-ecosystem to offer a wide spectrum of intuitive, convenient, and easy-to-use Web3 services. Visit www.wemix.com/communication for more information.

Related Topics:

Crypto Chain Wire specifically designed for crypto, NFT, DeFi and all other blockchain companies to provide them instant and effortless crypto news syndication services. CryptoChainWire is the best PR syndication platform for any blockchain startup looking to gain maximum media attention. Visit Us : https://www.cryptochainwire.com/ Contact Us: contact@cryptochainwire.com

Continue Reading

Press Release

Fufuture Joins Hong Kong Web3 Festival 2026 as a Secondary Exhibition Sponsor

Published

5 days ago

on

January 28, 2026

By

Hong Kong Web3 Festival 2026 is proud to welcome Fufuture as a Secondary Exhibition Sponsor.

Build with Fufuture to revolutionize DeFi: https://fufuture.io

The Hong Kong Web3 Festival (“Web3 Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME, is Asia’s premiere crypto gathering that has been annually held since April 2023. It convenes the world’s smartest minds in the Web3 and crypto space to discuss the latest trends and policies.

Hong Kong Web3 Festival will take place from April 20 to 23 at Hong Kong Convention and Exhibition Centre. The previous three editions of Web3 Festival brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events.

Web3 Festival ultimately will have up to 300 speakers representing all aspects of Web3 and crypto on its stages. It has also attracted registrations from over 500 executives and corporate decision-makers in traditional finance and real economies. This enables the conference to be a high-level platform for in-depth dialogues and high-value connections.

As Asia’s premier crypto event, Web3 Festival leverages Hong Kong’s unique position as a global financial center and innovation powerhouse, bridging the vast market potential of Mainland China with worldwide Web3 advancements. This unique positioning enables the event to bring together the best resources from across the globe, offering attendees first-hand Web3 updates and networking opportunities.

Get all the details here: https://www.web3festival.org/hongkong2026/#/en

Be our partner: https://tally.so/r/w5YEbP

Continue Reading

Press Release

Passey Announced as Secondary Exhibition Sponsor for Hong Kong Web3 Festival 2026

Published

6 days ago

on

January 27, 2026

By

Hong Kong, 27th January 2026, ZEX PR WIRE, We’re excited to share that Passey joins Hong Kong Web3 Festival 2026 as a Secondary Exhibition Sponsor.

Unlock AI-powered insights for Bitcoin and Ethereum options, and make informed decisions with advanced infrastructure designed for modern investors: https://passey.xyz

The Hong Kong Web3 Festival (“Web3 Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME, is Asia’s premiere crypto gathering that has been annually held since April 2023. It convenes the world’s smartest minds in the Web3 and crypto space to discuss the latest trends and policies.

Hong Kong Web3 Festival will take place from April 20 to 23 at Hong Kong Convention and Exhibition Centre. The previous three editions of Web3 Festival brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events.

Web3 Festival ultimately will have up to 300 speakers representing all aspects of Web3 and crypto on its stages. It has also attracted registrations from over 500 executives and corporate decision-makers in traditional finance and real economies. This enables the conference to be a high-level platform for in-depth dialogues and high-value connections.

As Asia’s premier crypto event, Web3 Festival leverages Hong Kong’s unique position as a global financial center and innovation powerhouse, bridging the vast market potential of Mainland China with worldwide Web3 advancements. This unique positioning enables the event to bring together the best resources from across the globe, offering attendees first-hand Web3 updates and networking opportunities.

Get all the details here: https://www.web3festival.org/hongkong2026/#/en

Be our partner: https://tally.so/r/w5YEbP

Continue Reading

Press Release

ELLIPAL Joins Hong Kong Web3 Festival 2026 as a Secondary Exhibition Sponsor

Published

6 days ago

on

January 27, 2026

By

We’re thrilled to announce that ELLIPAL is now a Secondary Exhibition Sponsor for Hong Kong Web3 Festival 2026 taking place from April 20 to 23 at Hong Kong Convention and Exhibition Centre.

ELLIPAL is leader of Air-gapped cold wallet. Learn more: https://ellipal.com

The Hong Kong Web3 Festival (“Web3 Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME, is Asia’s premiere crypto gathering that has been annually held since April 2023. It convenes the world’s smartest minds in the Web3 and crypto space to discuss the latest trends and policies.

The previous three editions of Web3 Festival brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events.

Web3 Festival ultimately will have up to 300 speakers representing all aspects of Web3 and crypto on its stages. It has also attracted registrations from over 500 executives and corporate decision-makers in traditional finance and real economies. This enables the conference to be a high-level platform for in-depth dialogues and high-value connections.

As Asia’s premier crypto event, Web3 Festival leverages Hong Kong’s unique position as a global financial center and innovation powerhouse, bridging the vast market potential of Mainland China with worldwide Web3 advancements. This unique positioning enables the event to bring together the best resources from across the globe, offering attendees first-hand Web3 updates and networking opportunities.

Get all the details here: https://www.web3festival.org/hongkong2026/#/en

Be our partner: https://tally.so/r/w5YEbP

Continue Reading

Trending