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

  1. https://on.wax.io/wax-io/
  2. https://coinmarketcap.com/currencies/wax/
  3. https://www.globenewswire.com/en/news-release/2021/05/14/2229717/0/en/WAX-Blockchain-Announces-New-Brand-Partnerships.html

 

WAX Logo

2-September 1:30 PM 404 Views

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