Wemade (a pioneer South Korean game developer and publisher) announced on July 12th that its CEO Henry Chang exercised his stock options and bought 223,504 shares for an astonishing USD 2.67 million (KRW 3,5 billion) and did not sell a single share. As a result, Mr. Chang’s stake in Wemade reached 1.5%. Wemade shifted its focus towards metaverse and blockchain technology with an emphasis on developing and servicing well-made games with economically meaningful experiences. As a result, Wemade developed “Wemix”, a game-centric blockchain platform (with 14 Play & Earn titles), that provides services including cryptocurrency wallet, NFT auction & marketplace, staking, and more, based on its utility coin WEMIX. This is not the first time Mr. Chang has shown his dedication to the firm. In fact, he announced earlier this year his pledge to invest all his present salary and dividends in WEMIX coin. Wemade announced on June 24th that Mr. Chang’s purchase of 13,424.6 WEMIX coins (worth USD 38,125.86) with the salary he received from the same month. This brings his total investment to 51,258.354 WEMIX coins (worth USD 145,573.7). This is also the fourth time he invested his salary in WEMIX Coin, in addition to his dividends from last year. Mr. Chang has constantly fulfilled his promise to contribute his compensation to the sustainable development of Wemix ecosystem. He also stressed that he does not plan to sell a single share no...
