Rank: 244
919 Watchlists
GameFi
WAXP Price
Contracts/Explorers:
Ethereum
Links
Funds and Backers
WAX is a global decentralized marketplace for video game virtual assets.
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%
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
0.311x
All Time High
$ 5.01
21 Dec 2017
All Time Low
$ 0.016
30 Dec 2019
From ATH
From ATL
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.
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:
The features of this innovative platform can be taken advantage of by any gamer whose games are compatible with the exchange.
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.
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'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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