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WAX

WAX WAXP Price $ 0.0997

Rank: 244

919 Watchlists

GameFi

WAXP Price

0.0997
3.55%
(-$ 0.00367)
Price Range
LowHigh
$ 0.0967$ 0.105

General Info

Contracts/Explorers:

Explorers

Tags (Sub-Categories):

#Coin

Funds and Backers

Description

WAX is a global decentralized marketplace for video game virtual assets.

WAX (WAXP) Chart

The WAX to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

WAXP to USD Converter

WAX (WAXP)WAXP

ICO

15 Nov — 29 Nov 2017

Raised

$ 9.60M

Price:

$ 0.320

ROI:

0.31x  -68.8%

Platform:

N/A

ATH ROI:

15.66x  +1,466%

WAXP Price Statistics

leaderboard

Market Cap

$ 341.51M

FDV

$ 405.25M

ATH Market Cap

$ 1.81B

24 Trade Vol.

$ 14.32M


Vol. (24h) / MCap

0.0419

Total Supply

WAXP 4,065,737,880

Circulating Supply

WAXP 3.43B

(84.3% of Total Supply)

Listing Date

21 Dec 2017

ICO Price

$ 0.320

29 Nov 2017

ICO ROI

68.9%

0.311x

All Time High

$ 5.01

21 Dec 2017


All Time Low

$ 0.016

30 Dec 2019


From ATH

98%

From ATL

522.5%

WAX Price Analysis

What is WAX (WAXP)?

Worldwide Asset eXchange (WAX) is a platform built on a decentralized blockchain that allows any user to create a virtual gaming asset marketplace. The platform is an online system for gamers that makes it possible to exchange NFTs from games for various popular cryptocurrencies. The main assets being traded on this specialized exchange are the objects from online games and WAXP coins. The WAX token is intended for settlements between gamers within the platform. It is created on the Ethereum blockchain. The current price of WAXP can be seen on this page. The Markets tab shows which exchanges have already listed WAX and what WAXP pairs are available for trading, including the respective price of WAXP.

What are WAX’s key features and how does it work?

A main feature of WAX is that it allows you to trade non-fungible NFT tokens on its platform. This can be done using the WAX ​​Random Number Generator. WAX RNG is WAX's own blockchain service that is programmed to generate fair random numbers for individual users. Smart contracts can also be built using WAX RNG.

The purpose of the WAX platform can be summarized as follows:

  • Completion of transactions using a special widget perfected for buying game assets using cryptocurrencies;
  • To make transactions, users only need to hold WAXP tokens and register an account on the platform;
  • Payment for skins and other game assets via tokens. These can then be used to purchase other valuables, exchanged for other tokens/currency, or stored in a wallet for future use
  • Creation of games, marketplaces, dApps, and more.

The features of this innovative platform can be taken advantage of by any gamer whose games are compatible with the exchange. 

What makes WAX noteworthy?

Gaming is one of the fastest-growing sectors. WAX reduces transaction costs, creates marketplaces for games where it was previously impossible to exchange assets. Tokenization also allows owners of virtual assets to transfer them into physical assets. The blockchain and smart contracts, which make the exchange of virtual assets safe, fast, and global, are the key advantage of this project. Being an NFT focused, the blockchain allows anyone to build or update their games, dApps, marketplaces, and more. It has everything one needs to successfully launch an NFT collection.

Another feature that makes it noteworthy is that thanks to the Proof of Stake (DPoS) system, there is no need to have powerful machines to mint new tokens. This project is more environmentally friendly as it is 66,454 times more energy-efficient than Bitcoin.

What can WAX be used for?

The WAX project improved the way sellers and buyers of a particular game object interact. Transaction security is guaranteed by smart contracts, which is beneficial for both parties. There is also no need to incur currency conversion costs or pay high payment processing fees, amongst other benefits. This means that sellers can get more for their assets and buyers can save some money.

In addition to benefiting from more convenient and less expensive transactions between players, individuals who are not gamers can invest in the WAX token. 

WAX Price Today

WAX's current price is $ 0.0997, it has dropped -3.55% over the past 24 hours.

WAX's All Time High (ATH) of $ 5.01 was reached on 21 Dec 2017, and is currently -98% down.

The current circulating supply of WAX is 3.43 Billions tokens, and the maximum supply of WAXP is unlimited.

WAX’s 24 hour trading volume is $ 14.55 Million.

WAX's current share of the entire cryptocurrency market is 0.01%, with a market capitalization of $ 341.59 Million.

You can find more details about WAX on its official website and on the block explorer.

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