WEMADE announces strategic partnership with DIFC Innovation Hub to establish ‘WEMIX PLAY Center’, a global web3 gaming hub

Press Release • January 11, 2024
  • WEMADE is the first game developer and web3 gaming company from South Korea to become a DIFC Innovation Hub partner
  • WEMADE to establish WEMIX PLAY Center within DIFC Innovation Hub
  • Collaboration will help to expand WEMIX ecosystem
  • USD 100mn global web3 fund to be anchored by WEMADE and onboard game studios to WEMIX PLAY Center


WEMADE(KOSDAQ: 112040), a global gaming company, headquartered in South Korea, and the DIFC Innovation Hub, the leading center for technology and innovation in the Middle East, Africa and South Asia (MEASA) region, have jointly announced a strategic partnership to build a global web3 gaming hub, 'WEMIX PLAY Center.' This initiative aims to boost the development of Dubai’s gaming ecosystem and support the Dubai Program for Gaming 2033, to position Dubai among the top 10 cities in the global gaming industry.

The DIFC Innovation Hub, which fosters innovation, enterprise, and talent across various sectors, has welcomed WEMADE as the first South Korean gaming company to join and benefit from its accelerator schemes, innovation community, and supportive regulatory frameworks. WEMADE will collaborate with DIFC Innovation Hub to expand the WEMIX ecosystem. 


The WEMADE-DIFC Innovation Hub collaboration focuses on several core initiatives, including establishing the WEMIX PLAY Center within the DIFC Innovation Hub to onboard web3 game companies. To fully optimize this milestone opportunity, a USD 100mn investment fund will be established, with WEMADE anchoring the fund and providing a go-to-market pipeline for web3 game developers. This involves facilitating targeted access to millions of active web3 game players on the WEMIX PLAY platform, which is WEMADE’s native game platform for web3 games. Currently, it features over 65 games from third-party developers alongside WEMADE’s main IPs.


Under the partnership, WEMADE and the DIFC Innovation Hub will organize a web3 event in Dubai, in the first quarter of 2024.


Henry Chang, CEO of WEMADE, emphasized the significance of this move, stating, Henry Chang, CEO of WEMADE, emphasized the significance of this move, stating, "The UAE stands out as one of the most dynamic hubs for innovation. WEMADE's collaboration with DIFC Innovation Hub to establish the WEMIX PLAY Center underscores our dedication to foster Dubai's evolution into a central hub for global Web3 gaming, and to provide an enhanced environment for global game developers and studios to leverage the unique benefits that Dubai offers for the global distribution of their games.”


Mohammad AlBlooshi, CEO of DIFC Innovation Hub, said: “We are excited to welcome South Korean gaming giant WEMADE to the thriving ecosystem at the DIFC Innovation Hub. Dubai has a dynamic gaming sector, and this collaboration further strengthens our position as a global hub for innovation and will help nurture the next generation of gaming industry talent. Establishing a strong gaming industry will further advance the city’s digital ecosystem, contribute to economic diversification efforts, and boost employment in the sector over the next decade in line with the goals of Dubai Program for Gaming 2033.”


About WEMADE


A renowned industry leader and innovator in game development, Wemade is now leading a once-in-a-generation shift as the global games industry pivots to blockchain technology. Through subsidiary WEMIX, Wemade is building an experience-based, platform-driven, and service-oriented mega-ecosystem to offer a wide spectrum of intuitive, convenient, and easy-to-use web3 services. This includes WEMIX PLAY, the world’s biggest blockchain gaming platform which can transform games of every genre into blockchain games. www.wemix.com/communication.


About Dubai International Financial Centre


Dubai International Financial Centre (DIFC) is one of the world’s most advanced financial centres, and the leading financial hub for the Middle East, Africa and South Asia (MEASA), which comprises 72 countries with an approximate population of 3bn and an estimated GDP of USD 8trn.


With a close to 20-year track record of facilitating trade and investment flows across the MEASA region, the Centre connects these fast-growing markets with the economies of Asia, Europe and the Americas through Dubai.


DIFC is home to an internationally recognised, independent regulator and a proven judicial system with an English common law framework, as well as the region’s largest financial ecosystem of over 39,000 professionals working across over 4,900 active registered companies – making up the largest and most diverse pool of industry talent in the region.


The Centre’s vision is to drive the future of finance through cutting-edge technology, innovation, and partnerships. Today, it is the global future of finance and innovation hub offering one of the region’s most comprehensive FinTech and venture capital environments, including cost-effective licensing solutions, fit-for-purpose regulation, innovative accelerator programmes, and funding for growth-stage start-ups.

Comprising a variety of world-renowned retail and dining venues, a dynamic art and culture scene, residential apartments, hotels and public spaces, DIFC continues to be one of Dubai’s most sought-after business and lifestyle destinations.


For further information, please visit our website: difc.ae, or follow us on LinkedIn and Twitter @DIFC.

Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. None of the content on Crypto Folds is investment advice nor is it a replacement for advice from a certified financial planner. Please do your own research before purchasing or investing into any cryptocurrency.  

Permute Surpasses $1M in Transaction Volume in One Month Since Launch

By Press Release • October 2, 2025
Permute , an accessible Bitcoin bridge platform, announced that it has surpassed $1 million in transaction volume since its launch on August 26, 2025. This milestone was achieved through more than 1,000 transactions, averaging $1,100 each, and nearly $25,000 in daily volume. The strong early adoption reflects growing trust in Permute’s platform and its mission to unlock Bitcoin liquidity across blockchains. Formerly known as BitcoinBridge, Permute provides a secure and cost-efficient way to transfer native Bitcoin across leading blockchain networks. With transaction fees as low as 0.1%, Permute is up to 10× more economical than competing bridges. Built to scale, Permute’s architecture is designed to support transaction volumes of up to $1.5 billion per month. Its dynamic liquidity routing system minimizes idle funds and cuts costs by ~90%, enabling a sustainable low-fee model. The platform can also be deployed to new chains within days, rapidly expanding reach for users. ​​Permute enables Bitcoin holders to move value across leading blockchains at scale whether millions or even hundreds of millions without relying on per-chain smart contracts or fragmented liquidity pools. Its architecture is anchored in Trusted Execution Environments (TEEs), which perform in-enclave verification and eliminate the need for custodial wrappers or intermediaries. This design makes it possible to settle transactions in actual Bitcoin while keeping fees as low as 0.1%—nearly 10× cheaper than traditional bridges. Security is another aspect that differentiates Permute from its competitors. Permute uses Trusted Execution Environments (TEEs) and threshold cryptography to secure keys and signing. These features are similar to the security techniques used by top exchanges and institutions in the broader crypto industry. Permute currently supports major networks and assets including Ethereum, Avalanche, Arbitrum, Berachain, BNB Chain, wBTC, USDT, USDC, and DAI, with additional integrations already in development. Now live on mainnet, Permute is open to all users. To showcase its cost advantage, the platform offers a savings calculator that lets users instantly see how much they stand to save on fees when moving Bitcoin across chains with Permute. About Permute Permute is a native Bitcoin bridge, enabling secure, low-cost swaps of BTC into leading blockchains and assets like ETH, AVAX, BNB, ARB, and more. Built for both retail and institutions. Permute combines deep liquidity, ultra-low fees (0.1%), and non-custodial security to deliver the most reliable bridge for unlocking Bitcoin in DeFi. Learn more about Permute on its official website and its social media channels, including X and Telegram . 

Codego Launches Whitelabel Devices Bringing Tokens Into Daily Life

By Press Release • October 2, 2025
Codego Group recently disclosed that its Whitelabel Device Program is now open for business. The program lets crypto projects give away branded devices that give out daily rewards in their own tokens. The move takes tokens out of exchanges and wallets and puts them into homes and everyday life. From In-House Devices to Whitelabel Expansion Codego first introduced CDG Home and CDG Power Home devices . The main aspects to know about these products is: the connection to a decentralized GPU network, and the possibility to generate daily revenue in tokens. Going a bit deeper, the team explained that, under the Whitelabel Device Program, rewards will be distributed in USDC through Codego’s app. The model has proven simple and effective: a device in the home that provides consistent daily payouts. The new program extends this framework to other projects. Partners can now release their own branded versions, with the same technology delivering rewards in their tokens. A New Layer of Utility for the Token Economy It is the team’s opinion that tokens existing only on exchanges risk fading from relevance. Tokens delivered daily through a tangible device gain visibility, trust, and persistence. Regular payouts create habits, strengthen loyalty, and give tokens staying power. Another important thing to mention is that projects can gain new channels for adoption. Also, users see tokens tied to consistent rewards, and not as abstract speculation entities. For partners, the model opens additional revenue streams through device sales and recurring margins. Strategy, Influence, and Power The team working at Codego has a clear long-term view for the project and the whole crypto community. For instance, here are three key features to consider: Home devices help the token's brand and presence stand out. Daily rewards make people closer to the system. This strategy makes it less convenient for anyone to leave ecosystems. Also, a token given out by a real system has the potential of gaining credibility on the market. This is because it’s possible to link real utility to a cryptocurrency. In other words, this system aims to go beyond mere speculation, and to enter the market with real, tangible value. Codego Group is regulated as an Electronic Money Institution and already provides services such as Banking-as-a-Service, Cards-as-a-Service, and Device-as-a-Service. The Whitelabel Device Program brings something new to the table, forcing crypto tokens from speculative devices to owning real-world utility. It builds a foundation where tokens integrate into daily life, offering relevance and stability in a volatile market. About Codego Codego Group builds the financial and blockchain infrastructure that businesses and people use. It offers services for payments, banking, and devices. The recent launch is a big step in the company’s overall roadmap. In fact, it potentially increases the adoption of crypto tokens in various sectors. Partners receive USDC directly from Codego while distributing their own tokens to users through branded devices. Codego gives projects tools that make them more resilient and relevant by putting tokens into everyday life. The project's official website and the links listed below have more information on this growing initiative. CDG Project | Codego Pay 

T420 Launches to Decentralize Ownership of Tesla's Robotaxi Network on Solana

By Press Release • September 30, 2025
CHEYENNE, WY, USA – 10/10/2025 – T420 , a pioneering Real-World Asset (RWA) project, today announced its official launch and upcoming pre-sale. The project is set to build a community-owned and operated fleet of Tesla Robotaxis, leveraging the high-performance Solana blockchain to offer investors a direct stake in the future of autonomous mobility. The global autonomous ride-sharing market represents one of the most significant economic shifts of the coming decade. However, the ownership of these critical infrastructure networks is on a path to being controlled by large, centralized corporations and investment funds, leaving the community of early believers and supporters with no direct ownership. T420 was created to solve this problem by providing a new model for decentralized, community-owned infrastructure. "We saw a future where the people who believe most in the autonomous revolution are the ones who get to own it, not just pay for the rides," said Zane O'Donnell, Co-Founder of T420. "T420 is more than just a token; it's a legally registered DAO that provides the tools for a community to collectively own a revenue-generating, real-world fleet of vehicles. We're giving people the chance to own the ride, not just the stock." The T420 model is built on a "Marketplace Flywheel" where T420 tokens represent direct, fractionalized ownership of the vehicles. A significant portion of the net revenue generated from rides (42%) is distributed directly to token holders once all token unlocks are complete. The project chose the Solana network for its ability to handle the high transaction volume and low fees required for a global, real-time transportation network. "For a real-world asset project of this scale, performance and security are non-negotiable," said Delon O'Donnell, Co-Founder. "Solana provides the speed and scalability we need to manage a global fleet, while our DAO structure (DUNA) and triple-audit path ensure that the project is governed transparently and securely by the community it serves." Key Features of the T420 Project Include: Asset-Backed Tokens: Every token is backed by a real-world, revenue-generating Tesla Robotaxi. Direct Revenue Share: Token holders receive 42% of the net daily fees generated by the fleet. Decentralized Governance: A fully-doxed team and a DAO structure allow the community to vote on key decisions. Institutional-Grade Security: The project is built with a triple-audit path for its smart contracts and a legally-registered DAO wrapper. The T420 pre-sale is scheduled to begin on 10/10/2025, offering early investors the opportunity to acquire T420 tokens at an entry-level price. About T420 T420 is a Real-World Asset (RWA) project dedicated to building the world's first community-owned and operated fleet of autonomous robotaxis. By combining the power of the Solana blockchain with a transparent DAO governance model, T420 aims to decentralize ownership in the multi-trillion dollar mobility economy. For more information, visit: Website: https://t420.io/ X .com (Twifler): https://x.com/T420_io Media Contact: Name: Zane O’Donnell Email: community@t420.io 

PRDT.Finance Announces PRDT Token Launch: The Next Evolution in Prediction Markets

By Press Release • September 29, 2025
PRDT Finance , the leading decentralized prediction market, is set to launch its long-awaited token $PRDT and the economics behind it are designed to ignite one of the most explosive moves in DeFi. Since its inception in 2021, PRDT.Finance has grown from a niche platform into the largest cross-chain prediction dApp, live on multiple blockchains and trusted by hundreds of thousands of users worldwide. Strategic partnerships with Venus, Biswap, QuickSwap, ApeSwap, and Chainlink improved the platform’s popularity. Traders have already staked their claim in a space where speed, fairness, and transparency rule. Now, with the launch of the PRDT token, the ecosystem is leveling up. Where They Came From PRDT.Finance started with a simple idea: make price predictions accessible, fair, and rewarding. In just a few years, the platform has processed millions in volume, built multiple product versions (Classic, Pro, Classic 2.0), and expanded across major chains including BNB, Ethereum, Polygon, Arbitrum, Avalanche, Optimism, Base, and Solana. The platform has been audited by CertiK and Vibranium and reviewed by over 40 independent developers. PRDT Finance is available globally, although local regulations may apply in specific regions. The result? A loyal and ever-growing community of traders and miners who’ve fueled PRDT’s growth without the hype, gimmicks, or empty promises that plague much of crypto. Biggest DeFi Token Launch in 2025? The upcoming $PRDT token flips traditional tokenomics on their head with one of the most aggressive revenue-sharing models in DeFi: 80% of platform revenue goes directly to PRDT stakers 20% powers buybacks, liquidity, and growth No smoke and mirrors. No endless inflation. Just hard revenue, flowing back to holders. Every prediction made on PRDT generates real platform income. That income becomes fuel for the token. The more the platform grows, the harder the token pumps. It’s that simple. More Than a Token But PRDT isn’t just about passive income. Holders gain governance rights, early access to new products, and the ability to shape the future of the world’s most advanced prediction market. Combined with upcoming features like pre-launch mining, staking vaults, and a security-first governance framework, PRDT is positioning itself as not only a token, but an ecosystem cornerstone. The Time Is Now With the Token Generation Event (TGE) on the horizon, anticipation is surging. PRDT isn’t just another coin, it’s the revenue engine behind a proven platform. Some of its standout achievements include: $200M+ paid out to date 500k+ unique users 1M+ sessions in 2025 50M+ total trades 10+ strategic partners From predictions to reality, PRDT is built to the moon. Learn more about PRDT Finance on its official website . Visit the platform’s social media channels, including X and Telegram , to find out the exact TGE date, which the team will soon reveal. About PRDT Finance PRDT Finance is a fast-growing cross-chain DeFi prediction platform seamlessly integrated with numerous blockchains, ensuring maximum flexibility and scalability. The platform has been audited by CertiK and Vibranium and reviewed by over 40 independent developers. PRDT Finance is available globally, although local regulations may apply in specific regions. 
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