WAX (WAX) News, Price Predictions, Opinions and Analyses Created by Users

WAX (WAX)

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WAX (WAX) is a cryptocurrency made by the founders of OPSkins, the world’s leading marketplace for online video game assets. WAX was created in 2017 as a decentralized platform that enables anyone to create, buy, sell, and trade physical and virtual items to anyone, anywhere in the world. 

The WAX coin is a utility token that harnesses the power of blockchain technology to allow virtual goods to be tokenized and exchanged for cryptocurrency. The name WAX is an acronym for Worldwide Asset eXchange and participants of the WAX platform gain access to a global community of online gamers, creators, collectors, and traders who buy and sell in-game items. 

The WAX platform enables anyone to build an online store/marketplace using the project’s B2B tools. Using WAX, anyone can tokenize anything in the virtual or physical world and sell or trade the tokenized item through WAX’s blockchain-based platform. 

Unlike most cryptocurrency projects, the team behind WAX chose to launch the project on an EOS variant rather than another blockchain. Then, after about a year and a half of development, WAX launched their mainnet on June 30, 2019 and WAX tokens could be swapped to the WAX blockchain mainnet up until August 30, 2019. On the new WAX blockchain, WAX tokens are generated through a Delegated Proof of Stake (DPoS) algorithm with 21 block producers called “Guilds”. Additionally, users can stake their WAX tokens allowing them to vote on the WAX blockchain and earn rewards for doing so.

The total supply of WAX is 1,850,000,000 tokens and the circulating supply is 942,821,662 tokens. The WAX ICO was held in November 2017 where 64,750,000 WAX tokens were sold in exchange for $9,600,000 in ETH, BTC, and USD. 

In this tag you can discover WAX (WAX) news, price prediction, opinion and analysis created by users.


Complete Your NFT Collections On Collect Social (Wax)

15 hours ago 1 minute read 0 comments ☑️Arͬcͨaͣ🅽🅶eͤl̜̝̖̼͔̞̃ͮ͑̐̉͌🅾➏➏➏

Today I wanted to introduce you to a very interesting site (Collect Social) that allows you to earn Racoon Coins thanks to your NFT.Similar to RPlanet, this site is also based on the Wax blockchain and allows you to put your collections in order.The...

Snorfkin Launches the Federation Flags Inaugural Collection + Major Alien Worlds Giveaway!

15 hours ago 7 minute read 49 comments Sir Snorfkin

Calling All Blockchain Fans! After a brief period of silence, I, Sir Snorfkin, am BACK with more exciting news and updates from the Snorfkingdom! Whether you have heard of it or not, Alien Worlds, the hit blockchain game has achieved the mythical sta...

Binance Planet on the Horizon

16 hours ago 1 minute read 0 comments Kus Gan

Get your shovels ready, fill those spaceship with fuel. We are going on a mission to Planet Binance. The Federation has announce that planet Binance has emerge on the horizon and encourage explorers to go on a mission throughout the metaverse. What...

How to create a WAX account using your Ledger

5 May 2021 5 minute read 1 comment Plavatos

      Introduction WAX (Worldwide Asset eXchange) is is a token built on the EOSIO blockchain made for easy development of Dapps, NFTs, and other smart contracts. As with any crypto currency you probably want to keep your assets safe and WAX should...

Bitcoin Cash the Reliable NFT Giveaway - The Happy Crypto Family [RESULT]

5 May 2021 1 minute read 18 comments CoinSteps

Greetings and salutations, Crypto Friends! The giveaway of Bitcoin Cash the Reliable NFT has expired. A big thank you goes to all of you for participating, and an equally big thank you to all the people who believe in the project. With our fifth giv...

Bitcoin Illustrator Meets the NFT Artist Giveaway- The Happy Crypto Family [RESULT]

5 May 2021 1 minute read 20 comments CoinSteps

Another giveaway in the same day? Tha'ts outstanding, even for us! Greetings and salutations Crypto Friends, again! We hope you are enjoying the newest addition to our collection, Bitcoin Illustrator, dedicated to the Meet the NFT Artist, presented b...

Get a Free NFT!

5 May 2021 1 minute read 0 comments Pcarpenter97

I made a new NFT yesterday . This is a addition to the Dosémon collection of NFT trading cards I make. This one is rarer than all my other NFTs it is only a 4/4 total mint. Im selling them for 44 wax a piece. And all 4 people that get this NFT , wil...

My NFT Journey: Part #2- Made My First NFT!!

4 May 2021 3 minute read 5 comments SamBTC

If you missed the previous post on my NFT Journey you can find it here - https://www.publish0x.com/crypto-projects-sams-reviews/my-journey-down-the-nft-rabbit-hole-xgpedep In this article I focused about why I think NFT based projects are going to be...

Alien Worlds 101: Where to mine?

4 May 2021 2 minute read 0 comments kraniax

On my previous post, I wrote about the basics of Alien Worlds and today we're gonna take one step forward and learn about different types of lands and tools in the Alien Worlds universe. Link to previous post: Alien Worlds 101: How to start and earn...

My First Time Venturing into NFTs: Roughly 2 Weeks in!

4 May 2021 2 minute read 0 comments Cje95

As a huge MLB fan, I was really surprised when MLB attempted to break into the crypto and blockchain market roughly 3 years ago during the 2018 baseball season! Long story short and whether it was due to the COVID pandemic and the season being messed...