Greetings,
This is Kwan Ho Park, CEO of WEMADE.

First and foremost, I offer my sincerest apologies to the shareholders for the concern and disappointment caused by the recent news surrounding WEMIX. Let me begin by clearly stating that the recent incident was not related to the WEMIX mainnet. Rather, it was a bridge incident involving WEMIX PLAY, which is used by global gaming users. This matter is entirely separate from the stability and security of the WEMIX mainnet itself.

Additionally, the decline in the value of WEMIX did not occur immediately following the incident, but rather became pronounced after domestic exchanges announced their decision to designate WEMIX as an “investment warning” asset. We firmly believe this was the result of an arbitrary and unilateral agreement made under the name of DAXA—a private consortium that lacks legal authority or substance—used by domestic exchanges to justify their decision. Such non-transparent criteria and unilateral decision-making processes by the exchanges severely undermine market trust, and the consequences are borne entirely by investors. WEMADE intends to pursue all available legal actions to challenge these unreasonable decisions to the fullest extent.

That said, I deeply regret the anxiety and confusion this situation has caused to our valued shareholders.

Since I assumed leadership, WEMADE has been pressing forward into broader markets, grounded in our core business and long-term strategic vision.

Beginning with Mir, WEMADE achieved major success in the Korean and Chinese markets. More recently, we have continued that success in global markets, expanding into Asia and Latin Ame+rica with blockchain-based titles such as MIR4 and NIGHT CROWS. In 2024, based on annual performance, ₩518.1 billion out of WEMADE’s total annual revenue of ₩711.8 billion—approximately 72.7%—was generated from overseas, a figure that clearly demonstrates the company's successful transformation into a globally oriented business.

WEMADE continues to push beyond the limitations of traditional markets and genres to reach wider global audiences. In Japan, we will launch Fantastic Baseball: NP-MLB this May and are also preparing a new subculture-style game and a collectible RPG tailored to local tastes.

Taking advantage of the recent relaxation of blockchain regulations in the United States, we will leverage our strengths in blockchain gaming to proactively expand into the North American market. At the same time, we are venturing into new genres, such as PC/console-based FPS titles like Black Vultures, to build a foundation for future global growth.

In China, we are actively pursuing localized development and investment strategies. Through recent partnerships with our Hong Kong subsidiary and local Chinese companies, we have built a business structure designed to minimize market risk. MIR M is scheduled for official launch in China this coming August. 

Drawing on our experience in tokenomics design accumulated through MIR4 and NIGHT CROWS, we are actively improving previously lacking areas. With Legend of YMIR, we are evolving this approach further to implement a more advanced game-token economy directly utilizing WEMIX. Development of Legend of YMIR is progressing smoothly, and we are preparing for a global launch in Q4 of this year.

We assure you that this recent matter will in no way delay our schedule or weaken our strategic direction.

With 25 years of experience as a pioneer of innovation, we will not stop.

Dear Shareholders,
Over the past 25 years, WEMADE has overcome countless challenges and uncertainties with innovation and execution, growing into a leading game company in the market.

Our mission remains steadfast.
Our steps—driven by passion and execution—will never cease. At this very moment, every member of WEMADE is fully dedicated to securing the future of the company and enhancing shareholder value.

Your continued trust and support make WEMADE stronger than ever.

Thank you.

May 6, 2025
Kwan Ho Park CEO of WEMADE

Game Lineup Scheduled for Release in 2025

Legend of YMIR Global (Within this year)

MIR M China (August)

The midnight Walkers (August)

Fantastic Baseball : ilmi Pro (May 20th, 2025)

Current Status of Major Game Releases

MIR 5

Project TITIMON

Black Vultures

TAL