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.


The Beauty and Despair of Blockchains...

6 hours ago 6 minute read 0 comments TrocProcLock

Blockchain technology is revolutionizing the world. The way it handles data is not like something we have seen before. It has created a $1.62 trillion dollar economy that is mostly unregulated. Guys, that is insanity. But with any new revenue source...

How To Buy WAX Crypto?

8 hours ago 4 minute read 0 comments StealthEX

If you are wondering how to buy WAX crypto, you have come to the right place. This article will also tell you what WAX Cloud Wallet is, and where to buy WAX coins, by the way, the best place is StealthEX. All this and much more in our new article. So...

Meet the Artist behind Signs of Power

31 Jul 2021 3 minute read 17 comments Crackers

Welcome to another meet the artist this one is special one for as I have been chatting to this artist for a while this isnt his first NFT project but this is his brand new project which had its first promotion drop just before we started chatting but...

Wax Network Splinterlands NFT's (Artwork)

30 Jul 2021 1 minute read 1 comment SBenbow

  So I was a little bored recently and started playing with some graphic software and creating some animated GIF's. I couldn't resist the chance to merge the graphic editing with my favourite game at the moment - Splinterlands. The end result was a p...

For The Birds! Leaderboards are live

30 Jul 2021 1 minute read 0 comments Farfalle

For The Birds is an original series of pixel art featuring birds of the world.Proceeds are donated to the World Land Trust, an organization that protects rainforest around the world. 140GBP has been donated already! For The Birds is growing. Nesting...

How to earn passive money with Greenrabbit || A new blockchain game

29 Jul 2021 1 minute read 7 comments Saikot

Nowadays, the blockchain games craze is all over the market. The new game's native tokens are pumped so much that many investors seek new projects to invest in at the initial stage. Recently, a wax blockchain-based game Greenrabbit started staking in...

Meet the artist Bmac

28 Jul 2021 10 minute read 11 comments Crackers

So I meet this artist through a telegram chat of an artist I had just interviewed and not only have I got a chance to chat to him I also have him now featuring in Wax-a-palooza but before that all happens lets meet him and his project and don't forge...

NFT Breaking News #14 - sWATCH out for zombies!

27 Jul 2021 4 minute read 19 comments PVMihalache

Giveaways ... Giveaways ... countless Giveaways! The 13th episode of NFT Breaking News was not even 1% unlucky, as it featured five giveaways. Another one, the 6th giveaway, took place over the weekend. The collaboration between Byron and Cryptoswatc...

The Zombies are here Welcome Byron the Artist (Interview)

25 Jul 2021 3 minute read 3 comments Leann91X

I have non word for begin my interview for real this is incredibly i like to says i am in shock Is a Honor have you here a good friend very good Artist and very Interesting Artist The names will hit by himself   Byron Creator of Zombies The Horde and...

How to add TACO to your WAX Cloud Wallet

25 Jul 2021 1 minute read 2 comments SirLRonHODLer

The TACO app is the first native mobile app with WAX chain utility tools. You can easily swap tokens on the WAX blockchain, claim a TACO token faucet, transfer tokens to other wallets, and even unlock staking utilities related to NFT games. You can d...