WAX WAXP
Report IssueWAX has created a complete set of blockchain-based tools that allow anyone to instantly and securely trade digital or even physical items, to anyone, anywhere. Worldwide Asset eXchange members gain access to a global community of collectors and traders, buyers and sellers, creators and gamers, merchants, dApp creators and game developers.
Details
$0.042
+1.42%
#313
Gaming
ByBit 
Gate 
Solana 
ETH 
Score Sentiment Neutral
Fundraising Statistics
$0.04 +1.42%
$0.1235
WAXPWAX
USDCUSD Coin
Short Review WAX
Crypto project WAX (WAXP) is classified as a Gaming. WAX is a Utility token that is hosted on the Ethereum Network. The current total supply is 3.77 B WAXP (Circulating Supply + Tokens yet to be released - Burned Tokens). (7.4% of total tokens) have been allocated for the public sale.
WAX ICO Overview
Estimated date for the public token sale: 29 November 2017. WAX (WAXP) price during the token sale: 0.1235 USD. You can purchase project tokens for BTC ETH USD
WAXP Price Chart
The launch of WAXP token trading took place on 21 December 2017.
Fundraising Rounds
Total sold 652.54 M WAXP tokens (17.31% of total tokens). Total amount of funds raised by the WAX project is $93.24 M.
| Investment Round | Date | Price | Funds Raised |
| Funding Round | June 2022 | -- | $10.00 M |
| Initial Coin Offering | November 15, 2017 | $0.1235 | $80.00 M |
| Advisory Round | September 2017 | $0.643 | $3.24 M |
WAX Investors
Pantera Capital Tier 2Wax Cryptocurrency (WAXP)
WAX is a decentralized platform that allows anyone to access a fully functional virtual marketplace. It has become one of the world's leading platforms for trading virtual items in online games. There is no need to invest in security, infrastructure or payment processing. Here, for example, gamers can exchange virtual goods.
WAX cryptocurrency (WAXP) is intended for payments between users. The WAX ecosystem offers microservices to users. Essentially, it is a set of tools and a range of services that help developers create projects on WAX. The WAX blockchain protocol uses delegated proof of stake (DPOS) as a consensus mechanism, and block production is carried out by 21 block producers. With its help, the WAX system can process large volumes of transactions. Unlike traditional Proof of Work (PoW), DPOS nodes are chosen by users themselves, giving them their votes.
History of the Wax project
The project began its work in 2017. Its concept was taken from the OPSkins marketplace, which sells various in-game virtual goods. The same team that created the centralized OPSkins platform worked on the decentralized WAX platform.
The two co-founders behind WAX are William Edward Quigley and Jonathan Yantis. William Quigley has been involved in many other famous crypto projects, including Tether, Mastercoin and GoCoin. Jonathan Yantis is also the technical director for this project. He is an active crypto investor who has also backed many new ICOs, including Ethereum.
Benefits of Wax (WAXP)
- No conversion. Payment between buyers and sellers from different countries is made without loss of funds.
- The threat of fraud and theft is minimized. Transaction security is guaranteed by smart contracts.
- Available to everyone. WAX is a global platform for every gamer, featuring a complete catalog of all in-game items available for purchase at any time.
Disadvantages of Wax (WAXP)
- The market is focused on a narrow audience. The project will definitely occupy its niche, but will not arouse much interest among the crypto community due to its narrow focus.
- Strong competitors. There are already several projects on the crypto market that work in the same area.
