WAX update: WAXP Live price, price chart, news and markets

The WAXP price update as of now is $0.008916. In the previous 24 hours, its trading volume was $1,199,176, and its value has decreased by -1.55%. As of now, WAXP's live market cap is $31,241,861, and it is ranked as the #569 on the Coincu. WAXP has a circulating supply of 3,770,303,327 and a maximum supply of 3,770,303,327.

Understanding WAX (WAXP)

WAX, short for Worldwide Asset Exchange, is a blockchain-based marketplace built on the Ethereum platform. With a focus on the gaming industry, this project facilitates the trading of crypto assets and the creation of an NFT market, providing users with a faster, easier, and more secure experience.

The main objective of the WAX project is to offer millions of traders the ability to establish virtual booths on a decentralized platform. These booths will leverage escrow, security, and payment services to attract new participants to the WAX ecosystem.

Key Features of WAX

Enhanced Asset Protection and Anti-Fraud Measures

With the use of smart contracts, players can securely buy, sell, and trade their digital products, ensuring asset protection and reducing the risk of fraud.

High Liquidity

WAX enables the trading of virtual items from various games using WAXP tokens, resulting in high liquidity in WAX transactions.

Affordable Transactions

Compared to other platforms, WAX offers cost-effective transaction space and easier payment methods, allowing buyers and sellers to maximize their profits.

Diverse Functionality

Powered by the WAX Protocol, the network offers a range of modern features, including an integrated video game application, marketing tools, and the ability to link NFTs to real-world items.

As a result, WAX users can easily transfer ownership of assets without physical transportation, saving time, energy, and promoting environmental protection within the ecosystem.

Exploring the Possibilities within the WAX Ecosystem

Creating a User-Friendly and Comprehensive Playground for Participants

By joining the WAX ecosystem, players can enjoy a hassle-free experience without the need to invest in infrastructure or electronic payment channels. They can create their own virtual booths and run custom stores within the WAX network.

Effortlessly Observe and Research the Virtual Market

In the virtual world, guilds or clubs are common in most games. By participating in these guilds, players can manage members, monitor transactions, and receive rewards for identifying server problems or network errors.

Become a General Agent

Within the WAX ecosystem, players have the opportunity to become agents and assist other players in smooth trading. The more they participate, the more profits they can generate, which can be used to cover WAX Protocol fees.

Become Appraisers

Experienced players can apply to become appraisers in WAX. Their role involves evaluating and estimating the value of items traded in the game. Players receive rewards when their judgments are accurate and recognized by the gaming community.

Roadmap for the Future