WAX is a purpose-built blockchain and protocol token that has a convenient way to create, buy, sell, and trade virtual items anywhere in the world and it is designed to be the platform for video gaming and e-commerce dApps. It will also be fully backward compatible with EOSIO. Participants of the Worldwide Asset eXchange gain access to a global community of collectors and traders, buyers and sellers, creators and gamers, merchants, dApp creators, and game developers. The WAX Blockchain uses the Delegated Proof of Stake (DPoS) as its consensus mechanism.
WAX (The Worldwide Asset eXchange™) is a blockchain ecosystem in the world for NFTs, dApps and video games — providing a way to create, buy, sell and trade both virtual and physical items to anyone, anywhere in the world.
WAX is a NFT network and has facilitated the trade of millions of NFTs from partners including Topps (Major League Baseball), Capcom (Street Fighter), Funko, Atari, Sony’s Funimation, and famous films (Princess Bride and SAW), world-renowned entertainers (Deadmau5, Weezer and William Shatner), and many more.
Furthermore, WAX has innovated vIRL® NFTs, which are different from the standard NFTs. They feature a host of functionalities including app/video game integrations, marketing tools and V-commerce capabilities — linking a vIRL® NFT to a real-world item, so you can transfer ownership without physically shipping anything until a collector is ready to claim it as their own. Every vIRL® NFT is minted on the energy efficient and carbon neutral WAX Blockchain that puts the environment first.
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