Wonil Suh, Government Vice President of Wemade, represents Korea’s blockchain gaming evolution. His firm launched its blockchain journey seven years in the past with the institution of WEMIX, changing into certainly one of Korea’s most skilled Web3 enterprises. With over 1,000 staff devoted to WEMIX-related operations globally, Wemade operates at unprecedented organizational scale in blockchain gaming.
Throughout Korea Blockchain Week’s important occasion, significantly after classes that includes US members together with Donald Trump Jr., Suh appeared more and more assured about stablecoin adoption. His conviction stems from Wemade’s sensible expertise managing thousands and thousands of gaming transactions and creating complete blockchain infrastructure. The chief envisions Korean Received stablecoins facilitating every thing from Ok-content consumption to tourism funds worldwide.
Why did Wemade launch the stablecoin undertaking, ‘Steady One’, as a gaming firm?
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“Wemade initiated our blockchain enterprise seven years in the past in 2018, establishing us amongst Korea’s most skilled corporations on this area with our scale and targeted dedication. It’s not that we lately began stablecoins as a result of they’re sizzling or stylish—we’ve maintained this strategic course persistently. As a gaming firm, we acknowledged that blockchain expertise gives substantial utility in gaming functions, and we’ve witnessed quite a few profitable implementations inside our personal gaming portfolio.
We’ve accrued intensive data by way of managing a whole lot of thousands and thousands of transactions from over 30 video games supporting over 1 million month-to-month concurrent customers. We’ve persistently believed this experience shouldn’t stay proprietary however ought to profit the broader trade. Stablecoins represents a pivotal alternative on this regard. We didn’t merely examine the expertise—we developed sensible functions with it. From this attitude, we possess important worth to contribute to the ecosystem.”
Slightly than being a direct issuer, Wemade positions itself as a platform supplier for stablecoins. Are you able to clarify your partnership mannequin and the way you propose to construct this consortium method?
“Slightly than establishing our personal proprietary stablecoin, we imagine consortium participation can be extra advantageous. As a expertise accomplice, we intention to extensively leverage our present technological capabilities. We’ll collaborate with varied Korean enterprises, and as primarily a tech accomplice, we are able to create synergies with these within the banking and monetary sectors that possess a long time or centuries of institutional experience in regulatory compliance and licensing frameworks.
We’re cultivating international partnerships—Chainalysis participated in our latest occasion, demonstrating our dedication to increasing these worldwide alliances. Our technique includes launching a testnet, inviting various companions to take part, going open-source, and focusing on early subsequent yr for operational deployment with a number of strategic companions.”
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Upon saying the Steady One, Wemade talked about wanting abroad customers to undertake the KRW stablecoin. What particular use instances do you envision – from cultural content material consumption to tourism funds?
“Korea is at the moment at a cultural peak, with intensive international publicity by way of journey, Ok-culture fandom, and Korean content material consumption worldwide. These digital natives are broadly distributed globally. As an alternative of utilizing overseas stablecoins for Korean cultural content material, having a Korean stablecoin may function our basis.
For corporations and labels with artists and IPs with international fandom, when promoting tickets or merchandise on-line—quite than pricing in {dollars} or euros—they might facilitate direct KRW transactions and remittances. International vacationers visiting Korea at the moment change forex at airports or native cash changers, but when they might merely convert to digital KRW stablecoins upon arrival, utilizing acquainted fee apps for Korean transactions, this could remove conventional forex change inconvenience whereas supporting Korean companies.”
What’s Wemade’s overarching international technique, and the way does the WEMIX Play platform match into changing into a significant gaming vacation spot worldwide?
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“After launching MIR4 4 years in the past, we realized all content material, particularly video games with person time funding and inside economies, would inevitably require blockchain integration. We decided we wanted to create a platform—since this expertise can be universally adopted, we must always construct wonderful programs for smaller corporations with restricted assets to make the most of, quite than having each firm develop independently.
Primarily, sport builders received’t have to create a sport launcher or fee system for every sport they develop, to allow them to simply deal with content material creation and easily be onboarded to the platform. We envision WEMIX Play changing into a world gaming platform the place all sport corporations—from Africa, India, Japanese Europe—would naturally record their video games on our platform, alongside Apple, Google, and Steam. At present that includes dozens of video games, our long-term imaginative and prescient encompasses hundreds, even a whole lot of hundreds of titles, all powered by our WEMIX blockchain infrastructure and utility token ecosystem.”
How do you see AI remodeling the gaming trade, and the way is Wemade integrating AI with blockchain expertise? Are you able to inform us about your NVIDIA collaboration?
“AI and gaming naturally complement one another, as do crypto and gaming. Throughout our 20-30 video games at the moment in improvement by way of varied studios, each single one leverages AI—whether or not for enhanced artwork creation or algorithmic improvement. We accomplice with NVIDIA quite than constructing every thing in-house. Whereas productiveness enhancements are apparent advantages, the transformative potential lies in AI basically reshaping gameplay experiences. We combine sport tokenomics throughout improvement, weaving blockchain expertise organically into the sport cloth quite than including it superficially. AI ought to equally allow revolutionary gameplay—AI companions, skill-adaptive experiences, customized strategic help. Mixed with crypto and stablecoins, we foresee agentic AI facilitating autonomous agent-to-agent commerce inside gaming ecosystems, marking a profound trade paradigm shift.”
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Trying forward 5-10 years, how do you count on blockchain expertise to reshape each gaming and finance? What function does Wemade need to play in that transformation?
“I envision a future the place AI enhances productiveness, creating extra leisure time and probably common primary earnings situations. Folks may have two experiential paths: costly real-world experiences for the rich, or wealthy digital experiences for these with considerable time however restricted assets.
Digital worlds completely serve this latter demographic. Gaming extends past conventional gameplay—platforms like Roblox already characterize metaverse experiences the place commerce operates primarily by way of crypto. AI brokers will facilitate these transactions, with stablecoins enabling seamless funds. When our kids mature, this built-in AI-crypto-gaming ecosystem will appear utterly pure. Wemade positions itself on the middle of this main paradigm transformation.”
Given some regulatory challenges Wemade has confronted in Korea, what message would you ship to worldwide traders who might need issues concerning the Korean crypto panorama?
“As certainly one of Korea’s largest gaming corporations with international attain, our fight energy is formidable. We’ve fought many battles, skilled setbacks, and developed intensive methods. These challenges strengthen quite than weaken us. With over 1,000 staff devoted to WEMIX-related work—unprecedented globally—we’ve constructed unmatched organizational functionality. Having weathered these difficulties, we’re now positioned to ship superior providers. Korean corporations possess great potential that institutional traders and crypto holders ought to acknowledge and help.”