Photo credit: DRX
South Korean esports organization DRX has partnered with Web3 game development company Wemade.
According to a press release, the partnership is based on exploring “new markets and business opportunities”.
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In the announcement, both parties did not reveal any further plans regarding upcoming projects.
DRX won the 2022 League of Legends World Championship, making it the only play-in team to ever do so. Aside from League of Legends, DRX uses teams in VALORANT, Warcraft 3 and Tekken 7. DRX’s VALORANT team is one of the best in Asia, as reflected in Riot Games announcing the organization as a partner team for VCT Pacific.
Wemade, on the other hand, is a South Korean game development company focused on Web3 and Metaverse projects. The company was recently backed by software giant Microsoft for its foray into the Web3 and Metaverse industries and is behind the WEMIX token. This is the company’s first foray into esports.
ESI has partnered with META for Esports Revolution in Brussels. To learn more, click here.
Interestingly, alongside the partnership announcement, the two companies didn’t share any details on exactly what the partnership will entail. Some of DRX’s other trading partners include Shinhan Bank, Red Bull, Logitech G, and HyperX.
Regarding the partnership, Sang-In Choi, CEO of DRX commented, “We look forward to growing together based on the accumulated data and global networks that both Wemade and DRX have built.”
Furthermore, Henry Chang, CEO of Wemade, added that his company aims to create a “new digital economy in sports” alongside the South Korean esports organization.
Ivan is from Croatia, loves weird simulator games and is terrible at playing anything else. Spent 5 years writing about technology and esports in Croatia and now do it here.