WAX
WAXP
$0.00788748
Current Price
+6.00%
24h Change
Info
WAXP
Symbol
$66.28M
Fully Diluted Valuation
$35.77M
Market Cap
800
Market Rank
8.41B
Total Supply
$4.40M
Total Volume
$0.007887
24h High
$0.007418
24h Low
About WAX
WAX (WAXP) is a specialized blockchain and protocol token engineered to streamline e-commerce transactions, enhancing their speed, simplicity, and security. Its core mission is to provide a robust platform for digital commerce by leveraging Delegated Proof of Stake (DPoS) as its consensus mechanism, ensuring compatibility with the EOS blockchain. WAX's architecture is tailored for e-commerce, incorporating unique features and incentive mechanisms that promote active participation in governance through voting on guilds and proposals, ultimately optimizing blockchain usability. The WAX ecosystem is a vibrant hub for decentralized applications (dApps), marketplaces, and non-fungible tokens (NFTs), supported by a comprehensive suite of blockchain-based tools. These include the WAX Cloud Wallet, single sign-on (SSO) and OAuth services, a native random number generation (RNG) service, and a developer portal. With a blockchain architecture capable of 500 millisecond block times and fee-less transactions for users, WAX fosters a dynamic environment for developers and consumers alike, bolstered by an engaged community that participates in the selection of block producers and governance proposals.
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FAQ
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