Blockchain-Based Game Boosts Shares Of Korean Game Maker, Founder Becomes Billionaire

Since the global release of a blockchain-based game in late August, shares of Korea-listed game developer WeMade have nearly quadrupled, making its founder, Park Kwan-ho, a billionaire.

​​The game, called Mir 4, was released domestically in November last year and made available globally—across 170 countries in 12 languages—on August 26. Since then, it has been downloaded more than 1 million times on Google’s Play Store and shares of WeMade soared about 290%. Park, who turns 49 next month, is the chairman of WeMade and its largest shareholder, with a nearly 45% stake in his own name. Forbes estimates his net worth at $1.2 billion.

Mir 4 is a

Facebook Notice for EU!
You need to login to view and post FB Comments!

→ Continue reading at Forbes

[ufc-fb-comments url="http://www.newyorkmetropolitan.com/life/blockchain-based-game-boosts-shares-of-korean-game-maker-founder-becomes-billionaire"]

Latest Articles

Related Articles