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Al-Driven Crypto Investment Research Revolution

WAX

$0-0.37%
WAXP/USDT
OKX
Total dollar volume:
Market Cap:
FDV:
Turnover rate:
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Al-Driven Crypto Investment Research Revolution
WAX
Purpose-built NFT blockchain
wax
Twitter
Medium
Categories:
Game Platforms
Layer1
Infra
Founded:
2015
WAX is a purpose-built NFT blockchain that provides everything a brand needs to launch a successful NFT collection—from games and dApps to exchanges, digital marketplaces, and more. The WAX Blockchain utilizes Delegated Proof of Stake (DPoS) as its consensus mechanism, and it is backward compatible with EOS. WAX was designed to be the most comprehensive and climate-friendly NFT ecosystem in the industry, enabling leading brands, artists, creators, and developers to take advantage of the power of the blockchain.
WAX Fundraising
Amount
$1M
Valuation
--
Date
Jan 16, 2019
Investors
Animoca Brands
Investor
Animoca Brands
Hong Kong
Pantera Capital
United States
WAX Team
William E. Quigley
Co-Founder
Jonathan Yantis
COO & Co-Founder
WAX Investment Portfolio
Rounds in the Past Year
0
Historical Rounds
1
Lead Investments
0
Portfolio Numbers
2
Tea
Open-source software platform
Funding Status
Seed Plus
Region
United States
Categories
Infra
Ecosystem
Base
Token Issuance
No Token
Tea
Decentralized Computing Platform
Categories
Layer1, Infra
Founded
Jan 01, 2021
Token Issuance
No Token
Scan QR Code to Explore more key information

WAX

WAXP

WAX
Purpose-built NFT blockchain
wax
Twitter
Medium
Categories:
Game Platforms
Layer1
Infra
Founded:
2015
WAX is a purpose-built NFT blockchain that provides everything a brand needs to launch a successful NFT collection—from games and dApps to exchanges, digital marketplaces, and more. The WAX Blockchain utilizes Delegated Proof of Stake (DPoS) as its consensus mechanism, and it is backward compatible with EOS. WAX was designed to be the most comprehensive and climate-friendly NFT ecosystem in the industry, enabling leading brands, artists, creators, and developers to take advantage of the power of the blockchain.
WAX Fundraising
Fundraising Event
RoundAmountValuationDateInvestors
--$1M--Jan 16, 2019
Animoca Brands
Investor
Animoca Brands
Hong Kong
Pantera Capital
United States
WAX Team
William E. Quigley
Co-Founder
Jonathan Yantis
COO & Co-Founder
WAX Investment Portfolio
Rounds in the Past Year
0
Historical Rounds
1
Lead Investments
0
Portfolio Numbers
2
ProjectFunding StatusRegionCategoriesEcosystemFoundedToken Issuance
Tea
Seed Plus
United States
Infra
Base
No Token
Tea
Layer1
Infra
Jan 01, 2021
No Token
Powered by
WAX
WAXP
$0
-0.37%
Total dollar volume24H
$4,935,612
High24H
0.03262 USDT
Low24H
0.0317 USDT
Market Cap
#324$112,551,678
FDV
$121,102,143
Market Cap / FDV Ratio
0.93
Turnover rate
4.39%
Circulating supply
3,504,099,552
Total supply
3,770,303,327
Max supply
3,770,303,327
All time high
0.4 USDT
All time high date
Apr 02, 2022
Down from All time high
-91.97%
Cycle low
0.0253 USDT
Cycle low date
Aug 05, 2024
Up from cycle low
26.96%
Official links
Website
White paper
Socials
Twitter
Telegram
Reddit
Medium
Introduction

Wax is an open-source blockchain with a good NFT and chain game ecological environment, and released its native token WAXP. Popular games include Farmers World, Farming Tales, etc.

The Wax blockchain was created by William Quigley. WAXP supports all activities and functions on Wax, helping users list goods, trade, pay, recommend union candidates and vote. The first issuance of WAXP was on December 22, 2017, with an issuance price of $0.2 and a planned total issuance of 3.77 billion tokens. Currently all have been unlocked, a total of 3.34 billion tokens are in circulation, the current price is 0.04 US dollars, occupying a market value of 138 million US dollars. FDV is US$156 million, which has depreciated by 80% so far.

Wax adopts the DPoS mechanism and is fully compatible with EOS. The most important feature of Wax is that it supports high-frequency words, high-value transactions, and can process transactions quickly without transaction fees. Therefore, it can meet the high demand for stability of game development, which has also become the original source of blockchain game development on Wax. Advantage. Wax's chain game ecology is also unprecedentedly prosperous, and a P2E game with a transaction volume of 100 million was once born. At the same time, the AtomicMarket on the Wax platform supports users to purchase NFTs in the shared liquidity pool, which also enriches the ecological possibilities on the Wax chain.

In addition to ecology, Wax’s most eye-catching slogan is environmental protection. The carbon-neutral attribute of the platform is also eye-catching. Lower prices and carbon footprints will make the platform more attractive to investors. However, if Wax wants to do more in gamefi track, it needs to design more chain game mechanisms.

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