MIR4 publisher is on the verge of bankruptcy

Wemade, the publisher of the MIR4 blockchain MMORPG, is on the verge of bankruptcy. In just a day, the shares of the South Korean studio fell by 30%, and this happened due to the fact that the Play 2 Earn Wemix token was excluded from the list of cryptocurrencies available on popular crypto exchanges.

In monetary terms, the company has lost about 300 million dollars, and this is not the limit. The fall will probably continue in the week and Wemade will lose a couple of hundred more evergreens. This forces the company to either cut costs drastically or shut down completely.

Note that South Korean gaming companies have placed great emphasis on cryptocurrencies, which have become a real scourge of modern video games. However, apparently, this soap bubble will burst very soon and everyone will understand that there is no future for the blockchain in games.