{"id":1104,"date":"2022-11-27T17:22:19","date_gmt":"2022-11-27T17:22:19","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2022\/11\/27\/wemade-takes-legal-action-over-delisting-of-its-coin-wemix\/"},"modified":"2022-11-27T17:22:19","modified_gmt":"2022-11-27T17:22:19","slug":"wemade-takes-legal-action-over-delisting-of-its-coin-wemix","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2022\/11\/27\/wemade-takes-legal-action-over-delisting-of-its-coin-wemix\/","title":{"rendered":"Wemade Takes Legal Action Over Delisting Of Its Coin, Wemix"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Korean Game Publisher, Wemade is taking legal action against DAXA after its Wemix coin is delisted on major crypto exchanges in Korea. The CEO, Chang Hyun-guk called the decision \u201carbitrary and unfair\u201d.<\/p>\n<figure id=\"attachment_85756\" aria-describedby=\"caption-attachment-85756\" style=\"width: 1200px\" class=\"wp-caption alignnone\"><picture decoding=\"async\" class=\"size-full wp-image-85756\"><source type=\"image\/webp\" data-lazy-srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/WHAT-NOW.png.webp 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/WHAT-NOW-300x169.png.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/WHAT-NOW-768x432.png.webp 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/WHAT-NOW-100x56.png.webp 100w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/WHAT-NOW-150x84.png.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/WHAT-NOW-450x253.png.webp 450w\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%201200%20675'%3E%3C\/svg%3E\" data-lazy-sizes=\"(max-width: 1200px) 100vw, 1200px\"\/>\n<\/picture>\n<noscript><picture decoding=\"async\" class=\"size-full wp-image-85756\"><source type=\"image\/webp\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/WHAT-NOW.png.webp 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/WHAT-NOW-300x169.png.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/WHAT-NOW-768x432.png.webp 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/WHAT-NOW-100x56.png.webp 100w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/WHAT-NOW-150x84.png.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/WHAT-NOW-450x253.png.webp 450w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/WHAT-NOW.png\" alt=\"wemix token wemade games\" width=\"1200\" height=\"675\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/WHAT-NOW.png 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/WHAT-NOW-300x169.png 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/WHAT-NOW-1024x576.png 1024w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/WHAT-NOW-768x432.png 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/WHAT-NOW-100x56.png 100w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/WHAT-NOW-150x84.png 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/WHAT-NOW-450x253.png 450w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"\/>\n<\/picture>\n<\/noscript><figcaption id=\"caption-attachment-85756\" class=\"wp-caption-text\">Wemix Games are in a sticky situation<\/figcaption><\/figure>\n<h2><span id=\"Why_did_DAXA_Delist_Wemix\">Why did DAXA Delist Wemix?<\/span><\/h2>\n<p>The Digital Asset eXchange Association (DAXA) is an alliance representing five Korean exchanges: Upbit, Bithumb, Coinone, Korbit and Gopax. Together, the alliance decided to delist Wemix, Wemade\u2019s own coin, from December 8th. As to why, DAXA claim Wemade provided false information regarding the total number of tokens in circulation.<\/p>\n<p>In response to these allegations, Chang Hyun-guk stated, \u201cWe will take all measures, including legal action, to bring all things back[\u2026] Now we are preparing to file for a court injunction\u201d.<\/p>\n<p>Moreover, he also claimed DAXA did not provide him with a reason for delisting Wemix, nor a chance to improve\u00a0 the likelihood of relisting.<\/p>\n<h2><span id=\"What_is_Wemix_Token\">What is Wemix Token?<\/span><\/h2>\n<p>Originally launched in 2020, Wemix is Wemade\u2019s gaming platform token. The token is the backbone of many <a href=\"https:\/\/nftevening.com\/5-blockchain-games-you-can-actually-play-today\/\" target=\"_blank\" rel=\"noopener\">blockchain games<\/a> including; Anipang Coins, Anipang Blast, Kingdom Hunters and Riders of Icarus. Players can use this token in-game or trade it on exchanges.<\/p>\n<h2><span id=\"What_does_this_mean_for_Wemix_Games\">What does this mean for Wemix Games?<\/span><\/h2>\n<p>So far, the token has already tumbled in price by about 70%. However, this is unsurprising, as most of Wemix\u2019s users are Korean. For now at least, the Korean market is out-of-reach for the play-to-earn publisher.<\/p>\n<p>That said, all is not lost. Apparently Wemade is conferring with foreign crypto exchanges such as Coinbase. Undoubtedly, it will also reach out to other successful world exchanges too.<\/p>\n<p>\u201cThe planned delisting in the Korean crypto exchanges will have limited impact on the company\u2019s entire business as most of our portfolios have already expanded globally,\u201d Chang added.<\/p>\n<p>With so many blockchain games on the line, both Wemade and the gamers using <a href=\"https:\/\/wemixnetwork.com\/\" target=\"_blank\" rel=\"noopener\">wemix<\/a> token certainly hope so.<\/p>\n<\/div>\n<p><a href=\"https:\/\/nftevening.com\/wemade-takes-legal-action-over-delisting-of-its-coin-wemix\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Korean Game Publisher, Wemade is taking legal action against DAXA after its Wemix coin is delisted on major crypto exchanges in Korea. The CEO, Chang Hyun-guk called the decision \u201carbitrary and unfair\u201d. Wemix Games are in a sticky situation Why did DAXA Delist Wemix? The Digital Asset eXchange Association (DAXA) is an alliance representing five [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1105,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[9],"tags":[21],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/nftevening.com\/wp-content\/uploads\/2022\/11\/WHAT-NOW.png","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/1104"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=1104"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/1104\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/1105"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=1104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=1104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=1104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}