Dadbodgaming

02/03/2023

Road to 300k ps let’s go

14/02/2023

If you’re looking for a sign to trashtalk, this is it.

14/02/2023

Grabe, kinausap ka lang e. 😅

21/01/2023

🥰

03/01/2023

🥰❤️

19/12/2022

Hi Mir4 players! This is FS just Pm me 🙂 lets go!

17/12/2022

Mukbang 😅

15/12/2022

😣

09/12/2022

Gusto lang naman kitang basagin, why naman ganun? 😭

04/12/2022

WEMIX in talks with cold storage provider to secure community assets

WEMIX Foundation is in close communication with the team at Binance Institutional Services to complete the onboarding process to Binance Custody, a key part of Binance Institutional Services, for secure storage and transparent management of WEMIX via world-class custodial service. Having successfully concluded a review of the terms of use, the WEMIX foundation will aim to complete onboarding with Binance Custody this coming week.

The voice of our community and investors have indicated the need for custody of WEMIX, and in response, the Foundation has been in close communication with various global leaders in the blockchain custody services industry. As a result, we have decided to securely custody WEMIX via Binance Custody Services.

WEMIX Foundation is working towards storing all foundation-owned WEMIX into custodial wallets to facilitate an asset management system centered around improved security and absolute transparency.

The total supply of WEMIX excluding the burned amount based on on-chain data is 1,037,346,971 and approximately 76.4% is currently uncirculated. The total number of WEMIX that will be secured through Binance Custody amounts to 728,421,748.45(*); approximately 70% of the total supply which makes up 92% of the total uncirculated supply. From the uncirculated supply of WEMIX, some are bound to smart contracts on-chain while some are non-transactable WEMIX owned by external entities based on lock-ups and agreements with the Foundation, and these will not be included in the total custodied volume.
*The exact custody volume will be updated post-onboarding process.

Looking back at the recent incident involving WEMIX being flagged with an “Investment Warning” by the Digital Asset eXchange Alliance(DAXA) on October 27th 2022, and the unilateral decision by DAXA on November 24th 2022 to irrationally terminate transaction support for WEMIX, the Foundation recognizes the need to implement measures that can prevent similar occurrences in the future that may bring harm to our community and investors.

Implementation of Custody Service for WEMIX is one of many policies we intend to introduce in order to further improve transparency and objectivity in management of WEMIX, which we hope will strengthen the trust and support of our community as well as investors.

WEMIX is evolving each day. WEMIX is becoming more transparent every day.

Thank you.

04/12/2022

https://m.koreaherald.com/view.php?ud=20221128000752

Wemix update

Another setback caught the South Korean digital currency market off guard last week, sending jitters through investors amid deepening worries over the reliability and security of blockchain-based cryptocurrencies. The shock wave was sparked by the country’s major crypto exchanges’ decision to de...

01/12/2022

🐂📈

All gas fees shall be burned on WEMIX3.0

WEMIX3.0 gas fees will be burned.

WEMIX has always strived for shared growth with the community and investors by pursuing transparency and precision through world’s finest compliance guidelines when dealing with asset management and ecosystem development.

We are deeply grateful for the continued support from our community and investors despite the recent incident regarding DAXA’s decision to terminate trading support for WEMIX, and we believe by realizing various plans into action, WEMIX Foundation, through communication with the community and implementation of enhanced compensation policies for investors, will reinforce our earnestness towards building one of the best and most exciting blockchain projects in the world.

Among the various policies that had been planned, we will first introduce the implementation of gas fee burn.

Gas fees are designed to protect networks including WEMIX3.0 from high volume of meaningless transaction spams or malicious DDoS attacks, and are also used as an indicator to distinguish important and urgent transactions by the validators.

The gas fee formulation of WEMIX3.0 is based on the variable gas fee formula, and is classified into two categories; Base Fee and Priority Fee. The default value of the base fee is 1wei(*), and the maximum value is 50,000Gwei. The base fee is calculated with every block through a standard formula, and is currently being burned in real time.
* 1 wei = 0.000000000000000001 WEMIX

The Priority Fee is a concept applied with the adoption of EIP-1599, and is equivalent to incentivizing(tipping) NPCs for validating higher cost transactions. Users can set a priority fee when submitting a transaction; but in such a high-performing environment of WEMIX3.0, transactions are not processed faster despite setting a priority fee. The default value of the priority fee is 100Gwei(*).
* 100 Gwei = 0.0000001 WEMIX

Through implementation of the gas fee burn policy, the WEMIX team will ultimately burn all gas fees of WEMIX3.0 including priority fees.
Through a network update, all priority fees currently sent to the Maintenance Wallet will be automatically transferred to the Dead Wallet to be burned.
As of December 1st, 2022, the accumulated 1,777 WEMIX resulting from gas fees based on block 3,666,008 will be burned by transferring it from the Maintenance Wallet to the Dead Wallet.
We will burn all additionally accumulated gas fees through periodic transfers prior to the network update completion.
Although the accumulated priority fee thus far may not seem substantial, we believe as the experience-based, platform-driven & service-oriented mega-ecosystem WEMIX3.0 will soon reach a meaningful volume through the organic growth of the ecosystem.

The gas fee burning policy corresponds with the current Phase 1 of WEMIX3.0 Roadmap, and is expected to change as we proceed into Phase 2 via PMR reformulation and potential modification of general gas fee policies in line with the growth of the ecosystem.

The framework for the growth of WEMIX is the mega-ecosystem, and the driving force is the unwavering trust and support of our community and investors. At the heart of our community and investor compensation policies lies the initiative to burn WEMIX. As the WEMIX mega-ecosystem expands, we will introduce and implement additional innovative WEMIX burning policies.

Thank you.

29/11/2022

Gusto ka lang rin naman mag Krukan mga idle 🙄

28/11/2022

👌🏻🤔

Greetings from the WEMIX team.

Today, WEMIX team confirmed that false information is spreading through the community that large-scale liquidity has been carried out without compliance announcement during the designation period of WEMIX Investment warning. As we have already disclosed the related content, here we are informing again as below.

First, WEMIX team has announced AQX investment.
- Investor: Presto Labs
- Amount: 2,000,000 WEMIX
- Condition : No selling for 1 year after the acquisition
- Purpose: NCP Node staking for WEMIX3.0
- Announcement : https://medium.com/wemix-communication/aqx-joins-ncp-as-wonder-2-8c5baaf8860c

Second, It has been announced that the assets secured through AQX investment were used as the first repayment of KOKOA Finance.
- Repayment assets : Use of secured assets from AQX Investment
- Repayment details : 4.5M KSD is repaid out of a total KOKOA Finance loan of 16,054,938 KSD (Loan has been fully paid off)
- Announcement : https://medium.com/wemix-communication/partial-repayment-of-ksd-loans-from-kokoa-finance-6be18236cd38

Liquidation refers to securing liquidity of funds by converting digital assets into fiat in the market. WEMIX acquired from Investment of AQX is a WEMIX that requires Node Staking of WEMIX 3.0 NCP and is not included in the circulation supply.

Conclusively, this is not liquidation acquiring fund through the market because it is not distributed for NCP Node Staking with the prohibition of selling for the purpose of investment.
*Clear guidelines confirm that CoinMarketCap( https://support.coinmarketcap.com/hc/en-us/articles/360043396252-Supply-Circulating-Total-Max- ) does not include master node staked assets in the circulation volume.

WEMIX partners, who participate as NCP, carry out various activities with WEMIX to expand the ecosystem and increase the value of WEMIX, and take the risk of locking up and investing. All transactions and transfers of assets were carried out through disclosure with the sympathy and support of the community and investors.

Thank you.

28/11/2022

👌🏻

Rebuttal to DAXA's Statement

On November 28th, 2022, the Digital Asset eXchange Alliance(DAXA) once again issued an official statement that they have unanimously decided to terminate transaction support for WEMIX as the WEMIX team has failed to vindicate and regain their trust.

WEMIX went beyond the scope of explanation by establishing proof through factual data

The term "vindication" means justifying that someone is not guilty or is free from blame. When it came to "the actual circulation supply beyond the expected amount," WEMIX has unquestionably submitted all required documents, including potentially controversial subjects regarding KOKOA Finance collateral. To protect the investors through an early retraction of the “Investment Warning” flag by DAXA, WEMIX worked towards an immediate restoration and has successfully provided sufficient explanation and documentation concerning the issue where the total circulation supply seemed to exceed the expected amount due to the inclusion of the supply that was to undergo burning.

Furthermore, WEMIX has not only provided the supply owned by the Foundation at different points of time(since the end of October to November 15th); WEMIX also provided on-chain data, even offering real-time evidence. Thus, DAXA’s claim that the vindication effort by WEMIX was insufficient is simply arbitrary and unjustified.

It seems that the circulation amount has never been the central issue in the first place. The issue raised by DAXA and one that triggered WEMIX investment warning — the actual circulation supply exceeding the expected amount — might not have been a problem at all to begin with. Upbit's neglect of tokens and coins that have violated their expected circulating supply plans, and those who have not even notified their planned and/or expected circulating supply proves this.

What exactly is impaired trust?

There is no explanation on what and how the trust towards WEMIX has been undermined. During the vindication period, we deduced that the difference in the circulating supply submitted to Upbit and the actual circulating supply was the very reason for their impared trust in WEMIX. To regain their trust, we submitted all requested documentation and implemented measures such as immediate restoration of the actual circulating supply, and real-time supply disclosure.

Had we known our vindication efforts were considered insufficient to DAXA, and had we been informed with clear standards, we would have done all we could to meet the criteria.

Once again, we demand DAXA to clarify and provide details regarding the ‘lack of vindication efforts’ and ‘impared trust’ which DAXA refers to. We promise not to simply vindicate for the purpose of lifting the investment warning, but to provide any required explanation and evidence necessary for all blockchain companies, investors, and communities who have close ties with WEMIX.

Korea is leading the P2E game industry and is rapidly gaining global recognition in the blockchain industry. This has led numerous companies abroad to look forward to collaborating with Korean companies - at the core is WEMIX and WEMIX PLAY, No.1 blockchain gaming platform. Such an unfair and arbitrary decision must not lead to negative impacts resulting in undermined credibility and competitiveness of Korean companies in the global market. We urge DAXA to resolve this situation as soon as possible.

As of November 28th 13:00 (KST), real-time circulation supply of WEMIX is 244,288,807 WEMIX, and the expected circulating supply originally reported to Upbit is 255,716,797 WEMIX; therefore, current circulation supply of WEMIX is within the expected volume.

Thank you.

*To provide real-time circulating supply, APIs have been submitted to CoinMarketCap and are now awaiting approval. Also, WEMIX.30 Macroscope is being updated so the live circulating supply data can be seen by anyone at any time.

27/11/2022

WemixXDaxa

Amid growing controversies, financial authorities have decided to closely look into the case of a scheduled delisting of Wemix, a key cryptocurrency project by game company Wemade, to see whether the coin exchanges' listing and delisting criteria need to be more transparent or improved.