WEMIX Emerges as Top-Weighted Gaming Token in Sygnum’s Groundbreaking Crypto Sector Indices

  • Top-weighted gaming token in the Sygnum indices series
  • WEMIX’s weightage increased from 10.3% to 16% in 10 months
  • WEMIX is 9th Largest Blockchain in Crypto Ranked by TVL (CoinMarketCap)

South Korea, 12th December 2023, ZEX PR WIRE, WEMIX, the native coin of the WEMIX3.0 blockchain ecosystem, has emerged as the top-weighted token by market capitalization[1] in the gaming sector of the Crypto Sector Indices, the first institutional, rules-based crypto sector indices framework launched by global digital asset banking group Sygnum. 

The weightage assigned to WEMIX increased from 10.3% in January to 16% (as of December 12) in just 10 months, topping the list which also includes tokens minted by The Sandbox and Gala Games. In another sign of its growing prominence and reach as a major cryptocurrency, WEMIX is currently in 9th position on CoinMarketCap’s list of Largest Blockchains in Crypto Ranked by TVL [2], with potential for further growth momentum.

The Sygnum crypto sector indices track 21,000+ protocols, using a rules-based system to filter and allocate tokens with at least 0.01 percent of the total crypto market capitalization into 7 core and 38 emerging crypto sectors including gaming. They enable investors to conduct in-depth analyses into core and emerging sector use cases, compare relative market capitalization and performance as well as identify, rank and track leading protocols.

[1] https://www.sygnum.com/asset-management/crypto-sector-indices/gaming/ 

[2] https://coinmarketcap.com/chain-ranking/ 

About Wemade 

A renowned industry leader and innovator in game development, WEMADE is leading a once-in-a-generation shift as the gaming industry pivots to blockchain technology. WEMADE aims to accelerate the mass adoption of blockchain technology, and is building through its WEMIX subsidiary, an experience-based, platform-driven, and service-oriented mega-ecosystem to offer a wide spectrum of intuitive, convenient, and easy-to-use Web3 services, which includes the WEMIX PLAY global blockchain gaming platform that can transform games of every genre into blockchain games. 

www.wemade.com / www.wemix.com/communication 

About WEMIX Blockchain Mega-Ecosystem

The WEMIX blockchain mega-ecosystem features innovative services including WEMIX, the native coin and bridge that connects all components of the WEMIX mega-ecosystem; WEMIX$, the native fully collateralized stablecoin for the WEMIX blockchain; Kroma a next-gen Ethereum Layer 2 based on EVM-Equivalent ZK Rollup; WEMIX PLAY, the world’s largest blockchain gaming platform; NILE (NFT Is Life Evolution), a DAO & NFT platform based on the WEMIX3.0 mainnet; Kurrency, a decentralized financial service designed to offer greater ease-of-use, transparency and reliability; the KLEVA protocol, decentralized exchanges and other DeFi services on multi-chains.

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