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The WEMIX Championship 2023, the first KLPGA golf tournament to offer all-crypto prize money and organized by top game developer WeMed, was won by rising local golf star Lee Yevon.

SEOUL, South Korea, Nov. 21, 2023 (GLOBE NEWSWIRE) — The Wemix Championship 2023, the first KLPGA golf tournament to offer all-crypto prize money and organized by top game developer Wemade, was won by rising local golf star Lee Yevon. 24 players, including the top 20 in the KLPGA K-Rankings, competed for a record-setting total prize money of 1 million WEMIX (US$1.81 million or KRW 2.34 billion). Lee, the No. 2-ranked player, took home $250,000 WEMIX (US$452,500 or KRW585 million), the largest winning share of tournament prize money on tour.

  • First KLPGA tournament to offer all-crypto prize money; Set new KLPGA records for total prize money and winner’s share
  • 24 KLPGA players competed for 1 million WEMIX in prize money, with the champion winning 250,000 WEMIX.
  • Ticket NFTs are used only to authenticate access to VIP parking, access to the Nile Suite (VIP hospitality suites), and to receive exclusive official tournament souvenirs and merchandise.

Presented by Nile, Wemix’s NFT and DAO platform, the Wemix Championship used blockchain technology extensively through ticketed NFTs, which included multiple functions such as tournament entry and access; F&B vouchers, as well as prize NFTs were awarded to the WEMIX Championship winner.
Tournament tickets, prizes, and gifts were all released as NFTs and distributed to spectators and players. Ticket NFTs allow holders to authenticate via the convenience of their mobile phone access to VIP-only parking, entry into the Nile Suite (VIP hospitality suites including dining privileges), as well as access to exclusive official tournament souvenirs and merchandise. Gave permission.

Waymade’s blockchain-based community messenger ‘PAPYRUS’ served as the main platform to deliver important information to ticket NFT buyers and address their inquiries; Providing live score updates; And facilitating various activities like participation certification for quizzes. A lucky draw was also held on the site for ticketed NFT holders, in which 12 lucky viewers won an exclusive NFT containing 500 WEMIX.

The WEMIX Championships is part of WeMed’s plan to create blockchain-based token-gated experiences for real-world sporting events that will enable athletes to connect more deeply with fans and spectators.

About WeMed

A renowned industry leader in game development with over 20 years of experience, Korea-based WEMADE is leading a once-in-a-generation transformation as the gaming industry moves toward blockchain technology. WEMADE aims to accelerate the mass adoption of blockchain technology by building an experience-based, platform-driven and service-oriented mega-ecosystem to offer a wide range of intuitive, convenient and easy-to-use Web3 services . visit www.wemix.com/ communication for more information.

Source: www.streetinsider.com

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