What is WAX ? A Quick Overview of WAX Blockchain | Crypto Currency WAX
Wax is a marketplace for digital assets, serving more than 400 million online players that sell, buy, and collect in-game items. WAX Blockchain based platform allows people to trade digital or physical items instantly and securely to anyone in the world.
WAX`s platform brings together a community of collectors and traders, buyers and sellers, creators and gamers, merchants, creators of dApps and even game developers.
WAX Blockchain
The WAX network works on a consensus model that utilizes Delegated Proof of Stake (DPoS), which depends heavily on WAX Guilds to ensure success in blockchain generation.
WAX Tokens ($WAXP)
WAX tokens ($WAXP) power the entire WAX ecosystem. They are used to reward participants in the chain and enable contributors to receive ten times the number of tokens purchased.
Reference
- https://on.wax.io/wax-io/
- https://coinmarketcap.com/currencies/wax/
- https://www.globenewswire.com/en/news-release/2021/05/14/2229717/0/en/WAX-Blockchain-Announces-New-Brand-Partnerships.html