WAX (WAX)

WAX is a decentralized platform that enables anyone to operate a fully functioning virtual marketplace with zero investment in security, infrastructure, or payment processing. Developed by the founders of OPSkins, the world’s leading marketplace for online video game assets, WAX coin is designed to serve the 400+ million online players who already collect, buy and sell in-game items. Harnessing the power of blockchain technology, WAX Tokens are utility tokens that allow virtual goods - and not just for use in video games - to easily be tokenized and exchanged for cryptocurrency. The smart contract underlying the transaction acts as the mechanism that permits trustless trading between buyers and sellers.. The WAX Platform will allow millions of traders to create their own virtual stores on one decentralized platform, providing instant payments, security, and trust services that will bring millions of new participants into a growing ecosystem. The WAX platform allows the global pool of buyers and sellers to access a global supply of virtual goods while eliminating financial risks encountered in the prevailing consignment-based marketplace model. WAX enables a new generation of virtual asset traders, similar to how earlier online marketplaces enabled entrepreneurs to become power sellers.
Rank 89
Price $0.07
Market Capitalization $63 006 980
24 Hours Volume $419 692
Available Supply 932 901 783 WAX
Max Supply 0 WAX
Change (1 Hour) -0.44%
Change (24 Hours) -3.55%
Change (7 Days) 16.17%
Latest News
Weekly Cryptocurrency Market Analysis [September 9-16, 2018]
September 19th, 2018

This report presents analysis of cryptocurrency market movements during 2018 with special attention paid to the trends seen over September 9-16, 2018.

Will the New Blockchain-based Game CryptoBots Repeat the Success of CryptoKitties?
March 20th, 2018

The hype around Cryptokitties inspired the creation of a game platform based on Ethereum smart contracts: kitties got replaced by unique bots that can take part in online battles.

Michael Novogratz and Galaxy Investment Partners Invest into Worldwide Asset eXchange
October 16th, 2017

Michael Novogratz and Galaxy Investment Partners have invested into the huge and under the radar Worldwide Asset eXchange (WAX), which looks to disrupt the $50 billion ‘gaming skins’ market.