What Is Wax (WAXP)?
Wax (WAXP) is a purpose-built blockchain, released in 2017, that is designed to make e-commerce transactions faster, simpler and safer for every party involved. The blockchain uses delegated proof-of-stake (DPoS) as its consensus mechanism. It is fully compatible with EOS.
- What Is Wax (WAXP)?
- Important Points Table Of Wax
- How to Buy the Continental & Trade On Exchange?
- Who Are the Founders of WAX?
- What Makes WAX Unique?
- Capitalize on Tokenomics & DeFi
- WAX is a purpose-built NFT blockchain
- Launch your Game & NFTs
- Play
- Build
- No NFT is more important than the planet.
- 13 Million Collectors and Counting
- Capitalize on WAX Tokenomics & DeFi
The custom features and the incentive mechanisms developed by WAX are intended to optimize the blockchain’s utility specifically for use in e-commerce, with the goal of encouraging voting on proposals. To make this possible, WAX created a suite of blockchain-based tools which decentralized application (DApp) marketplaces and non-fungible tokens can be built upon.
Services such as WAX Coin Cloud Wallet, SSO and OAUTH support e-commerce operations, the latter being a native RNG service and a developer portal. The blockchain architecture supports 500-millisecond block time and zero-fee transactions for customers. It also makes use of voting rewards to incentivize participation in the selection of block producers and improvement proposals.
Important Points Table Of Wax
| Basic | Points |
|---|---|
| Coin Name | Wax |
| Short Name |