![]() Users can also store and trade WAX tokens on their Wax Cloud Wallet. Since it is an NFT-focused wallet, NFT collectors and blockchain gamers can easily buy, collect, and sell WAX NFTs on WAX Cloud Wallet. It acts as a gateway for WAX NFT marketplaces and WAX dApps. The Wax Cloud Wallet is a product of WAX. WAX is expected to revolutionize V-commerce with its vIRL NFTs.īrands that launched games and NFT collections on the WAX blockchain include: Out of many successful NFT projects on WAX, Age of Farming and Million on Mars are the two NFT games that have seen a 126% and 426% recent growth in monthly transactions, respectively. The WAX blockchain is undoubtedly the home of many popular play-to-earn NFT projects, including Alien Worlds, Farmers World, Age of Farming, and Million on Mars. ![]() The duo is also behind OPSkins, the world’s largest marketplace for trading digital items. Jonathan Yantis is an early Bitcoin miner and blockchain investor. He was the first institutional investor in PayPal and is also a co-founder of many transformative crypto companies, including Tether. William Quigley is a venture capitalist and a cryptocurrency and blockchain investor. WAX was founded by William Quigley and Jonathan Yantis in 2017. In July 2022, DappRadar reports that WAX held a 42% market share in the GameFi space amidst the bear market. It offers a slew of tools and documentation for brands to build on WAX blockchain. WAX has emerged as the most proven Web 3 ecosystem, as brands can launch NFT collections, play-to-earn games, dApps, DEX, and NFT marketplaces. WAX is faster and more energy-efficient than many PoS and PoW blockchains thanks to its Delegated Proof of Stake (DPoS) consensus model.Ĭompared to Ethereum, the WAX blockchain consumes a whopping 222,000X less energy. The Worldwide Asset eXchange (WAX) blockchain is a purpose-built NFT blockchain that is designed to provide a faster, safer, and user-friendly way to create, buy, sell, and trade both virtual (NFTs) and physical items all over the world. ![]() What is WAX Blockchain and Why is It Known as “The King of NFTs”? Also, you will get to know the popular NFTs and games on the WAX blockchain. In this article, we have curated the WAX wallets available on the market based on their trustworthiness and compatibility. Likewise, to utilize the purpose-built NFT blockchain WAX and explore the NFT collections on it, you will need a WAX wallet. A crypto wallet is essential to store and trade NFTs and interact with NFT marketplaces. ![]()
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