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Wemade Presented a Paradigm Shift to Blockchain Gaming at GDC 2023

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Wemade, a leading global gaming and blockchain giant founded in South Korea, wrapped up its participation as a Diamond Sponsor at GDC 2023 successfully delivering its ground-breaking vision for the future – a true paradigm shift to blockchain games.

WEMIX PLAY, the company’s global number-one blockchain game platform, lies at the centre of its vision. The Wemade booth was brimming with game companies and blockchain developers from around the globe interested in having a hands-on experience of the WEMIX PLAY offering and getting involved in the expansion of the ecosystem set to change the face of the blockchain gaming industry forever.

During his keynote speech on March 21, CEO Henry Chang introduced the concept of the mega ecosystem that will be created through the WEMIX PLAY inter-game economy and inter-game play where blockchain games, services and real-life economy are to be connected. Henry Chang spoke about the great potential of tokenomics and demonstrated to the audience the ways in which the inter-game economy and playing will continue to bloom in the next few years.

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Several core members of the WEMIX team gave insightful lectures on the many benefits and possibilities lying within the blockchain gaming space.

EVP Wonil Suh gave an overview of his experience in servicing many Web3 games, shedding light on the development of Tokenomics from its inception to now, including its generational characteristics, and shared his know-how on the seamless onboarding on the WEMIX PLAY platform, built to support game development and more.

Head of Business Creative Center Robin Seo spoke about the process of transforming games into blockchain games through the four key elements of WEMIX PLAY – Tokenomics, Marketplace, GameFi and Community. Attendees had an opportunity to discover how this transformation can revolutionise gamers’ experience by understanding the entire process that conventional games go through when transforming into blockchain games and what makes WEMIX PLAY unique and competitive in this arena.

Global creator and influencer Myrtle Sarrosa – the first one to issue FanToken through WEMIX PLAY – shared her experiences and takeaways from building an interactive blockchain economy with her fans and expanding the boundaries of community engagement and activities.

Finally, developers interested in WEMIX PLAY and blockchain games participated in a panel discussion, where Wonil Suh, Wook Kim and Robin Seo were available for a Q&A session. The attendees had the opportunity to engage with the WEMIX team by asking questions to learn more about the WEMIX PLAY onboarding process and understand the potential of launching their own blockchain game through the platform.

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TESTA debuts TESTA Score, allowing operators to benchmark UX

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TESTA, the crowd testing platform for the iGaming industry, has launched its innovative TESTA Score with CasinoCompare.ph, a Philippine-focused online casino affiliate—and the only platform exclusively listing PAGCOR-licensed online casinos.

TESTA Score is a new UX quality benchmark developed by TESTA that shines a light on online casino brands in markets with new regulatory compliance standards.

Using real testers with local devices, IDs and bank accounts, TESTA evaluates each operator’s performance across four key processes – registration, deposit, withdrawal and KYC.

Each process is scored against strict usability parameters such as the number of required input fields, page clicks, lead times for verification and fund arrival, as well as the number of KYC attempts required.

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The total possible score is 100, divided across:

The TESTA Score provides objective, player-centric transparency in any market.

With local connectivity, device preferences and regulatory friction in mind, the scoring system reflects the real-world user journey and highlights where improvements are most needed.

This then provides a chance for operators to improve their key flows, especially KYC, and then apply for a re-test to update their published score.

CasinoCompare.ph becomes the first online casino affiliate to deploy TESTA Score, with six Philippine-licensed online casinos now ranked. The site is operated by AFFILI.ph whose aim is to set a new industry standards for transparency, trust, and player confidence.

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The six sites include Casino Plus, Desk Game, FBM E.Motion, Bet88, PlayTime and Crazy Win.

While most operators performed well on the core user flows, the KYC process emerged as the main differentiator.

Operators that lacked a working KYC step at withdrawal automatically received a zero in that category, pulling down their overall TESTA Score significantly.

This is how they fared:

Casino Plus led the pack with a total score of 97/100, earning perfect marks in registration, withdrawal, and KYC, and only dropping points on deposit due to a single extra page click.

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As well as accessing TESTA Score through their affiliate partners, operators can work directly with TESTA to determine their TESTA Score.

Chris Johnson, TESTA CMO, said: “Born out of frequent client requests for key processes testing, and competitor benchmarking, the TESTA Score measures the parts of the customer journey, outside of game play, that make or break player acquisition and retention.

“Operators can use their TESTA Score to understand where they stand out over their rivals and where there is a gap they need to close.

“It’s great to see that six Philippine-licensed casinos have already used TESTA Score to benchmark their UX and acquisition flows, and we look forward to working with more moving forward, both in the Philippines and other markets around the world.”

The post TESTA debuts TESTA Score, allowing operators to benchmark UX appeared first on European Gaming Industry News.

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Yolo Investments completes raise for €100m Fund II

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Yolo Investments has closed fundraising for its flagship Fund II after hitting its €100 million target.

The fund comprises €50 million in external capital, as well as a €50 million commitment from Yolo Group.

It brings together a network of 23 investors, including founders and industry thought leaders, further strengthening the Yolo Investments ecosystem and enhancing the strategic value it can offer portfolio companies.

Fund II has already backed 12 companies across igaming, blockchain and fintech, with notable investments including Dabble, Kraken and Syfe. It expects to make a further 10 investments over the next 12 months.

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Tim Heath, GP at Yolo Investments, said: “We’re absolutely thrilled to be closing our raise for Fund II having hit our target. This took place during challenging market conditions, with global VC fundraising facing significantly more headwinds compared with previous vintages. But investors have looked at our previous funds’ track record and the strength of our ecosystem, and have strongly backed us.

“We are humbled by that response as a real vote of confidence, not just in what we’ve built so far, but in where we’re heading next. We will continue to back more brilliant founders and help them scale faster, smarter and with the full power of the Yolo ecosystem behind them.”

Yolo Investments’ Fund II is structured as a Guernsey-registered limited partnership, and is licensed by the Guernsey Financial Services Commission (GFSC). 

The post Yolo Investments completes raise for €100m Fund II appeared first on European Gaming Industry News.

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Party Like It’s 3000 BC in Shake Your Mummymaker! at SlotsCapital.lv – Plus a 175% Bonus Up to $1,750

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The post Party Like It’s 3000 BC in Shake Your Mummymaker! at SlotsCapital.lv – Plus a 175% Bonus Up to $1,750 appeared first on European Gaming Industry News.

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