TOKYO -- Wemade, a 21-year-old South Korean gaming company, is doubling down on cryptocurrency-based games now that one of its titles has become a global hit, a signal of how conventional companies are racing to go crypto despite business model uncertainty.
Cryptocurrencies
South Korea's Wemade bets on crypto to revive gaming fortunes
Rivals scramble to follow suit as play-to-earn title draws millions of users
Founder and Chairman Park Kwan-ho expects income from Wemade's blockchain ecosystem "to far outgrow our game revenue once the platform is full-fledged." (Photo courtesy of the company)
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