1,397 Articles 44 Followers
$0.00522
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.
17 Oct 2021 2 minute read 0 comments Nikolaos Patelis
A few hours ago I uploaded my first video owning a royalty-free music #nft. As many of you may know the crypto enthusiasts attention is all on the nft projects this season. 2020 was the year of #defi on cryptocurrencies. 2021 is the year of #nft. So...
16 Oct 2021 10 minute read 1 comment Chubbie149
All of that nonsense in the title will make sense by then end of this write up or at least I hope it will. When I focus to long on Strictly HIVE it seems WAX sneaks up on me with NFT craziness all its own. So we have 3 major Play to earn or NFT ma...
14 Oct 2021 3 minute read 0 comments Dagobertdyck| bagholder
Hey, so this a beginner's guide for everyone who didn't play NovaRally so far. And a strategy part in the end for everyone who already plays it. NovaRally is a Blockchaingame on WAX where you own different drivers and cars. Your goal is to upgrade yo...
14 Oct 2021 1 minute read 1 comment Farfalle
For The Birds is an original series of pixel art featuring birds of the world and a playable katamari game in development.Proceeds are donated to the World Land Trust, an organization that protects rainforest around the world. 160GBP has been donated...
8 Oct 2021 5 minute read 13 comments NFTAlleyCat
Across my time this past year creating on the WAX Blockchain, I have been able to meet individuals dedicated to their communities and craft. The NFT community has no shortage on individuals who are dedicated to the uplifting of those around them. Fo...
7 Oct 2021 1 minute read 2 comments UltraDec
That's right. Nope, it's not clickbait. Last night (sorry its actually been 2 days now but I was too tired to finish writing it at midnight) during trivia I saw this message from David (he is part of the team): I can't express my excitement and happ...
7 Oct 2021 1 minute read 3 comments Behiver
Alien Worlds is a free play2earn game on WAX blockchain that created a sci-fi metaverse where players compete for scarce Trilium (TLM) resources on different Planets in the Galaxy. The gained TLM can be used in staking and voting in Planet Decen...
7 Oct 2021 1 minute read 3 comments UltraDec
Anybody who still plays Alienworlds will have undoubtedly seen the changes made today. To summarise there was a major change to the game's UI (user interface) which not only made it look different, but also came with functionality changes. From perso...
5 Oct 2021 12 minute read 2 comments Chubbie149
With all the new folks on HIVE, it seems like tutorials should be my prerogative. The intention is to impart useful knowledge regardless of how much money you have to start out with. Though not made over night I didn't start off with a huge sum o...
4 Oct 2021 1 minute read 0 comments UltraDec
For this, I'll simply be making a pros and cons list of the good and bad things about getting into Alienworlds. So starting off with the pros: -It acts as a faucet for TLM which can in turn be swapped to WAX on Alcor Exchange. Despite being low am...
