Wax news-Page 2
‘King of NFTs’ is dominating the crypto rankings — here's why
A decentralized video game and entertainment network dubbed “the king of NFTs” has now surpassed more than three million accounts. Worldwide asset eXchange (known as WAX for short) offers an easy-to-use cloud wallet and a convenient way of creating, buying, selling and trading nonfungible tokens. Congestion on the Ethereum blockchain has prompted a number of developers to start seeking alternatives — and figures from DApp Radar suggest that, toward the end of March, WAX had more active wallets than Tron, EOS, Ethereum and Flow. Alien Worlds, a space exploration game built on WAX, has also cemented its place at the …
Decentralization / May 13, 2021
Zero to 6,000% in seven days: Dormant altcoins are coming back to life
A rising tide lifts all boats — even those previously thought to be shipwrecked. At least that’s how it looked on Wednesday when some previously dormant altcoins erupted back to life, experiencing spikes ranging between 3,000% and 6,500% for the week. Foremost among them was Karma (KARMA), a social media project that originally launched on the EOS blockchain in 2018. Over the past seven days, the dollar value of Karma increased 6,530% as the token climbed from a subcent price of $0.000464 up to $0.030767. Trade volume spiked 35,400% over the same period, but don’t assume that means liquidity is …
Blockchain / March 17, 2021
Top 3 NFT brands' sales grew 381% in February
NFTs had their best month ever in February, according to a report by DApp statistics trackers at DappRadar. Sales volume from the top three platforms grew to $342 million in February, up almost 400% from the $71 million recorded the month before. Sports memorabilia platform NBA Top Shot dominated the sector and is now responsible for 67% of total NFT transaction volume. The other NFT DApps in the top three are OpenSea, a general crypto collectibles market and CryptoPunks, an Ethereum-based collectibles series. CryptoPunks generated all-time high sales of $79M with the floor price of punks increasing from $10,000 to …
Adoption / March 3, 2021
A-listers flock to launch non-fungible tokens through top marketplace
A platform that dubs itself as “the King of NFTs” says it is now the No. 1 marketplace on DApp Radar — with more users than the rest of the top 10 combined. WAX (also known as Worldwide Asset eXchange) delivers a safe, convenient way to create, buy, sell and trade non-fungible tokens. One coveted collectible recently sold for a cool $60,000 — and executives say average daily sales volumes have surged since 2021 began. Some of the world’s best-known names have launched NFT sales through WAX, including the electronic music legend Deadmau5, Star Trek actor William Shatner, and the …
Blockchain / Feb. 18, 2021
Arcade classic Street Fighter II launches NFTs on WAX blockchain
Video game developer Capcom is the latest pop culture brand to enter the crypto collectibles space, launching a series of Street Fighter II-inspired NFTs on the WAX blockchain on Feb. 18. The digital trading cards feature renderings of characters from the ever-popular arcade game, first released 30 years ago in 1991. DATE CONFIRMED: Official @StreetFighter will arrive on February 18th @ 12pm EST on the WAX #Blockchain! Are you excited as we are? Get yourself a free & exclusive sticker #NFT every day until launch: https://t.co/PwA13QYZvx Join us Telegram and get notified for new drops: — WAX Blockchain | WAX.io …
Adoption / Feb. 18, 2021
Bernie Sanders mitten memes immortalized in new NFT collection
Topps Digital released its latest line of nonfungible token collectibles on Wednesday, featuring Sen. Bernie Sanders and his winter mittens as the subject of the promotional series. The collectibles, dubbed “GPK Bernventures,” are digital packs containing two NFTs issued on the Worldwide Asset eXchange blockchain. The card drawings are in the style of Topps’ long-running Garbage Pail Kids series, which was originally launched in 1985. The series features 18 unique depictions of Sanders’ now-famous Inauguration Day pose — masked up and bundled in winter weather apparel — capturing the meme for all eternity through the immutability of blockchain technology. In …
Blockchain / Jan. 27, 2021
DeFi boom drives 1,200% increase in DApp volume in 2020: Report
DApp transaction volume has topped $270 billion so far in 2020, with 95% of this figure belonging to Ethereum’s DeFi ecosystem, according to DappRadar. That’s an astonishing 1178% increase from last year’s total of $21 billion. The blockchain data provider revealed the figures in its annual DApp Industry Report today, summarizing the highlights and failures of a record-breaking year for DApp-based economics. The report noted that money has been flowing from BTC to ETH throughout the year, resulting in a rise in the price of ETH, from 0.018 BTC on Jan 1. 2020 to its current price of 0.028 BTC. …
Decentralization / Dec. 18, 2020
Atari Partners with WAX For NFTs, Joins Board Alongside Shatner and Marvel
Atari has partnered with WAX blockchain to bring their video games onto the blockchain in the form of Non-Fungible Tokens (NFTs). The brief announcement on Twitter followed news earlier this week that Atari CEO Frederic Chesnais had joined the WAX Advisory Board, joining Google, Microsoft, Marvel Games, Magic Leap, and William Shatner as the other members. “We're excited to finally unveil our latest partnership with @WAX_io! With this collaboration, Atari is bringing its legendary #videogames further into the vastly expanding world of #blockchain and #NFTs.” Atari is really into blockchain Atari is of course most well known as the developer …
Business / July 17, 2020
Real-Time Strategy Game for Mining ‘Crypto Gold’ Launches on WAX
The online real-time economic strategy game, Prospectors, will be launching on the Worldwide Asset eXchange (WAX). Prospectors blockchain game lands on WAX In a Sept. 17 blog post, WAX announced that one of the largest dApps in the world, The Prospectors, is launching on the WAX blockchain, on which users buy physical and virtual items using WAX tokens. This blockchain-based decentralized strategy game set during the 19th-century gold rush launched on EOS in late June 2019. Notably, the game’s designers plan for it to become fully autonomous over time. Arielle Brechisci, Content Manager at WAX said that the game will …
Blockchain / Sept. 21, 2019