WEMIX Unveils Comprehensive Recovery and Growth Initiative

The Web3 gaming and blockchain platform developed by WEMADE has unveiled a comprehensive recovery and growth initiative aimed at restoring market confidence and enhancing the platform's foundational strength.

WEMIX, the Web3 gaming and blockchain platform developed by WEMADE, is highlighting its ongoing recovery and growth initiative.

The platform has rolled out a series of measures to restore market confidence and further enhance the foundational strength of the WEMIX ecosystem.

The platform recently provided an update on its buyback program, having completed Phase 1 with a $7.5 million buyback of over 10 million WEMIX coins using TWAP and VWAP strategies to minimize market impact and a goal of reducing supply.

An independent audit was completed for full transparency.

Phase 2 of the buyback program, announced in April and targeting 20 million additional WEMIX coins, is currently in progress.

The platform will share the results of this phase of the program once it is complete.

This move is part of WEMIX’s broader strategy to support the long-term health of the WEMIX token and maintain open communication with the community.

On the games front, several new Web3 titles are set to launch in 2025.

These games will feature updated token models and NFT utilities, aiming to enhance both the gameplay value and liquidity within the WEMIX ecosystem.

In March 2025, the platform also completed a large-scale maintenance period for critical infrastructure upgrades.

These upgrades were focused on further bolstering platform stability and improving security across core services such as the blockchain network and DeFi protocols.

This overview of WEMIX's recovery plan highlights the platform's focus on emerging stronger from market challenges.

By prioritizing transparency through third-party audits, taking decisive action with the buyback program, and engaging in open communication, WEMIX is aiming to reestablish trust and continue building a thriving Web3 gaming ecosystem.