Wemade unveiled its web3 sensation, Night Crows, to a global audience last week after its triumphant reception in Korea. Developed in collaboration with the South Korean studio Madngine and powered by Unreal Engine 5, this web3 fantasy game has captivated gamers worldwide with its groundbreaking multi-chain technology.

Following its initial launch in South Korea, Night Crows swiftly climbed the ranks on Google Play and the Apple App Store, amassing a staggering $151 million in in-app purchase (IAP) revenue within a mere seven months.

The latest data reveals that Night Crows has already surpassed $10 million in global sales a mere three days after its worldwide launch on March 12th. The game has garnered acclaim for its innovative utilization of blockchain technology, incorporating advanced multi-tokenomics, character NFTs, and the decentralized omnichain messaging protocol Unagi(x).

This achievement firmly establishes Night Crows as one of Wemade's premier intellectual properties. In this article, we delve into the intricacies of Night Crows' in-game economy, and tokenomics, specifically the introduction of Kurrency PLAY. Providing readers with a comprehensive overview of its groundbreaking features.

Kurrency PLAY

The First Game Token Borrowing Service for Night Crows

The team has just introduced Kurrency PLAY, a new way to enrich players' gaming experience on the WEMIX PLAY platform. Kurrency PLAY is being described by some as "the first game token borrowing service in the Blockchain ecosystem", with Kurrency providing CDP-based crypto dollar services.

Deposit WEMIX, Borrow CROW

The first game token available on Kurrency PLAY is the CROW token of the Night Crows Global version. Users can deposit WEMIX as collateral on Kurrency PLAY and borrow $CROW tokens. Play the best game and experience evolved multi-tokenomics with Kurrency PLAY.

Note: $CROW is the foundational token of Night Crows, $CROW will be supported by the GameFi of WEMIX PLAY. $CROW can only be minted through DIA(Diamond) acquired by users through value addition via the in-game exchange and request completion. Other tokens in Night Crows can be traded on the Crow Market of the PNIX Dex with $CROW as the base token. Featuring its own PSM(Peg Stability Module), $CROW will temporarily halt minting until its price stabilizes within a reasonable range compared with the in-game DIA(Diamond) value. $CROW can also be burned in exchange for in-game DIA(Diamond).

No Liquidation Risk

No liquidation system is applied on Kurrency PLAY, enabling users to borrow game tokens that may experience relatively high price fluctuations. Users can focus solely on utilizing game tokens without the burden of liquidation management. Kurrency PLAY aims to support the direct and indirect interconnection and circulation of the game ecosystem, DeFi ecosystem, and WEMIX utility as a member of the WEMIX ecosystem.

To fulfill this purpose, liquidation is excluded, and the following contexts have been considered:

• Kurrency PLAY primarily serves gamers. Considering the nature of the gameplay, which lasts for a long period, the focus has been on providing users with an environment where users can freely utilize $CROW tokens without the burden of liquidation.
• Instead of liquidation for borrowing, Kurrency PLAY takes care of the risk management and deposits WEMIX collateral in WONDER Staking to compensate game token liquidity providers and protocol operation.
• This expands staking by WONDERs participating in WEMIX Governance and network block validation, thus contributing to the operation and growth of the ecosystem while supporting WEMIX utility.
• The growth of the gaming ecosystem, including Night Crows, can lead to the concurrent growth of the WEMIX ecosystem and WEMIX value.

As the value of WEMIX, the collateral asset, increases, the maximum quantity of $CROW tokens available for borrowing increases accordingly. With no liquidation, users are not required to repay borrowed $CROW tokens even if the collateral value declines.

Important Notes

• WEMIX deposited as collateral is staked to WEMIX.Fi's official WONDER Staking program. Therefore, withdrawal requests are subject to a 7-day waiting period.
• This post focuses on $CROW tokens; details may vary for future game tokens.

The team invites game players and DeFi users to explore Kurrency PLAY, a new service available exclusively in the WEMIX ecosystem.

Final Thoughts

Wemade CEO Henry Chang expressed enthusiasm for the global launch of Night Crows stating: "With its groundbreaking omnichain gaming experience and exceptional, advanced multi-tokenomics, Night Crows is poised to revolutionize web3 gaming. Its success will drive growth and innovation not only within WEMIX Play but across the entire WEMIX Mainnet ecosystem."

For those intrigued by the complex world of Night Crows and its tokenomics, the game is available for download on the official Night Crows website, offering an immersive and revolutionary gaming experience on a global scale.

Disclaimer: The information provided in this article regarding Night Crows' tokenomics, blockchain technology integration, and in-game economy is for informational purposes only and should not be construed as financial advice. Readers are advised to conduct their own research and consult with financial professionals before making any investment decisions.