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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.
24 Feb 2021 1 minute read 0 comments UplandDood
Breaking News: WAX.io is beating competitors in getting NFTs into the mainstream. What: Garbage Pail Kids: Food Fight Series on the WAX Blockchain Who: Topps with Target & Walmart When: Available in Target & Walmart on 24th February 2021. How: Rede...
23 Feb 2021 1 minute read 0 comments ervin-lemark
Connect Splinterlands with your WAX account You can send me some NFTs, thank you! Send one card to your WAX wallet Sending the card over ... Checking my WAX wallet ... Isn't this just great! Cards on WAX ... ? One! Put the card on the marke...
23 Feb 2021 2 minute read 0 comments Behiver
Just 7 days ago I posted my investment into crypto games for the Street Fighter Cards NFTs collection on WAX Blockchain. The smart idea pointed out at that time was that the supply of the cards would be given by a 24 hours selling which would transla...
23 Feb 2021 4 minute read 10 comments Thomas Wolf
NFTs are all the rage and will continue to be, and for a good reason, they immortalize content creation with ultimate accountability. “Putting something on a blockchain is forever.” ― William Shatner WAX stands for Worldwide Asset eXchange, the globa...
22 Feb 2021 3 minute read 1 comment Johnsmith481632
Are you one of the few people in the Crypto world that have NOT heard about Upland.me? That's ok, we forgive you. Upland is a game, but can become serious, it is crypto, but also fiat, it is blockchain, it is nft's.... and more. We are an organiz...
22 Feb 2021 2 minute read 0 comments Jimmy D
BP&Chill w/ Corey Cottrell & Jimmy is a daily series on Monday where we try to better understand what is happening in the blockchain space, and particularly within the EOSIO sphere from the perspective of various Block Producers. Meant to be a relax...
21 Feb 2021 2 minute read 78 comments CryptoBlonde
21 February sounds like fun for a giveaway of 21 awesome NFTs, don't you think ??? Celebrating the launch of the CryptoBlonde NFT collection and as a really big thank you to you, i will give for FREE 21 random cards from my collection. RULES for th...
20 Feb 2021 1 minute read 2 comments Bologna
Concentrates come a wide variety and are often one of the most daunting forms of cannabis, both to consume and to learn about. Simply speaking, concentrates are what the name implies, concentrated forms of cannabis. Most are created by separating THC...
20 Feb 2021 2 minute read 3 comments Mikasamejias
I have to do this because it's insane the profit you can get playing this 'game' named Koloboks. This started as a 'nobody knows' game in the WAX blockchain. Still, since RPLANET allowed the staking of Koloboks prizes in their platform, it simply exp...
20 Feb 2021 4 minute read 27 comments Hamminy
Thank GOD the wider crypto community finally got smart and migrated to Binance Smart Chain. If you've been reading my posts, then you know I think Ethereum Network is a bunch of bullshit. The fees are ridiculous, and I have been absolutely exhorting...
