WAX is a purpose-built blockchain and protocol token built to make e-commerce transactions faster, easier, and safer for all participants. In practice, the WAX Blockchain uses Delegated Proof of Stake (DPoS) as its consensus mechanism and is fully backward compatible with EOS.
The custom features and incentive mechanisms developed by WAX are built to optimize the blockchain's usability in e-commerce, and encourage voting on guilds and proposals. In practice, wAX has created a suite of blockchain-based tools upon which dApps, marketplaces, and native non-fungible tokens (NFTs) are built. Latest snapshot shows market cap near $29,507,467, 24h volume around $2,183,310, 24h change down 0.15%. DexBrief is currently monitoring a live market route on Ethereum via Uniswap. Live pricing and venue coverage on this page currently come from 3 public market feeds.
Contract references point to Wax as the primary asset platform. Public reference history for this asset dates back to 2017-12-19. WAX's primary project footprint is tied to the Wax network. WAX is commonly screened under Smart Contract Platform, Gaming (GameFi), and NFT. Tracked contract metadata currently maps across Wax, Ethereum.