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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.
13 Jul 2023 7 minute read 3 comments Crackers
Right if your new to NFT world or weren't around for his last big drop now is the time to get ready to get to know him his drop sold out so quick . Lembas is one of many Brazilian artist that work on Wax blockchain and we had a quick chat about his n...
12 Jul 2023 8 minute read 3 comments Crackers
I recently got two speak to two of the team that are bringing a new kind of marketplace to the WAX blockchain not only that they have a PFP and a NFT art collection based on really life paintings that they have created THE MARTIAN Hey here is @Xpro...
12 Jul 2023 2 minute read 15 comments PVM
Commander PVM from the Terran Battlecruiser Morningstar reporting for duty! My journey started over one year ago, and the ship engines never had time to cool down! The cargo is now full of alien artifacts, while warping through portals to battling r...
11 Jul 2023 1 minute read 2 comments Cryptoray
DISCLAIMER: At this time I have found it interesting to purchase a pair of tokens in two pairs. This is not investment advice as I am not an advisor. I have simply found some interesting levels for me. WAX - USDT WAX is a project that I follow sinc...
6 Jul 2023 10 minute read 3 comments Crackers
Right guys I am finally back with a new meet the artist and this has to be one of the weirdest ones I have done creator is like a mad scientist and his work is not to be taken serous as he says but then again it is one of the funniest PFP out there....
28 Jun 2023 1 minute read 0 comments Kiperion Rebel
Officially transcribed for human consumption: The Kiperion Rebellion has launched the smart contracts needed for the research and development of the future tools that will be used to aid in defeating the tyrannical rulers, the dragons. Save those kgo...
28 Jun 2023 1 minute read 0 comments KylinVDM
So somethings you can look forward to that I can acutely talk about now that I've started the art. the first is a pfp that is going to involve butterflies and flowers of both normal and fantastical nature. The second is a series of art that will...
23 Jun 2023 1 minute read 4 comments servelle
Here's an update on my progress in the REALM NFT game on the WAX blockchain.It's a strategy management game that can be accessed in Free2Play.I've almost completed my upgrades on the N. America continent and I don't plan to open any other continents...
23 Jun 2023 3 minute read 7 comments PVM
Byron has a new website, where he posts his latest drops and stuff. He is also dropping cool stuff like a machine, with plethora of pfp collections. The best part is that the collectors can pay for them with $DHC, at a better rate than paying with $W...
20 Jun 2023 3 minute read 0 comments Kiperion Rebel
A Terrible Deal To achieve peace you must go to war In the far-off galaxy of the Furthest Asteroid, the Kgold Empire (Kiperions) continues to struggle against the ruling dragons for control of the planet. The Kiperions have a small plot of area on th...
