WAX

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.