Wemade Move-to-Earn (M2E) Project SNKRZ . makes strategic investments in

Wemade Co., Ltd. (CEO Henry Chang) made a strategic investment in the next generation M2E (Move-to-Earn) project SNKRZ. SNKRZ users can use and receive coins as a reward.

SNKRZ follows a sustainable business model in the existing M2E business model by adding the concept of land connected to a real-world map that allows users to exercise to buy sneaker NFTs and receive coins. These coins can be used to repair or level up NFTs.

SNKRZ’s NFTs topped OpenC (the world’s first and largest NFT marketplace) sales charts based on volume over the past 30 days on the Klaytn blockchain, indicating the project’s early success.

Wemade is investing in blockchain companies and projects of all kinds. The company has recently attracted positive attention for its successful investments in luxury fashion metaverse ALTAVA’s TAVA Coin and South Korea’s first short-form platform CELEBe’s FANC Coin.

Wemade is actively investing in blockchain projects characterized by their utility or real practical use and has been successful so far. The new investment in SNKRZ is expected to yield higher returns, contributing to the expansion of the Wemix ecosystem.

SNKRZ has already secured 100,000 community members and is growing to become the largest NFT project in South Korea. It is also being recognized globally, as more than 70% of its users are overseas, including Japan. Wemade will collaborate to further accelerate SNKRZ’s global expansion.

Additionally, SNKRZ is the world’s first M2E service to be linked to the Apple Watch. It targets users who are unfamiliar with blockchain technology through an open mode that supports various exercise modes (walking, running, cycling, climbing). Users can then enjoy the app without owning the NFT lowering barrier to entry.

Wemade CEO Henry Chang said, “I look forward to the M2E project SNKRZ, which has clear utility, to increase the diversity of the WEMIX 3.0 ecosystem.” “More specifically, sports and real-life activities will be linked through the blockchain economy,” he said.