WAX company info

What does WAX do?
WAX (Worldwide Asset eXchange) (CRYPTO:WAXP) is a dynamic decentralized blockchain platform with a clear focus on enabling video game development, decentralized applications (dApps), and non-fungible tokens (NFTs). Its core design principles include scalability, security, and user-friendliness, with a particular emphasis on serving the gaming industry. The operation of WAX is community-driven, with a global network of developers and users. The WAX Foundation, a non-profit organization, plays a pivotal role by offering support and guidance to this vibrant community. WAX fuels various exciting projects, such as Atomic Assets, which sets the standard for creating and managing NFTs on the WAX blockchain, and Alien Worlds, a groundbreaking play-to-earn game that allows players to mine the native WAX blockchain token, Trilium (TLM), by staking their NFTs. The WAX Cloud Wallet is another notable offering, providing a non-custodial solution for storing and managing WAXP tokens and NFTs. The core objectives of WAX are to provide an easily scalable and secure platform for video game, dApp, and NFT development, promote blockchain technology adoption in the gaming and other industries, and actively contribute to the growth and advancement of the broader blockchain ecosystem. WAX stands as a prominent player in the blockchain realm, significantly influencing the blockchain ecosystem, particularly within the gaming sector.
Company Snapshot

How many people does WAX employ?

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Employees
50-200

What is the market cap for WAX?

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Market Cap
$221.1M

Where is the head office for WAX?

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Head Office
Grand, Cayman

What year was WAX founded?

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Year Founded
2015
What does WAX specialise in?
/Collectibles & NFTs /Entertainment /Galaxy Digital Portfolio /Gaming /Kenetic Capital Portfolio /Media /Metaverse /OKX Ventures Portfolio /Payments /Play To Earn

What are the products and/or services of WAX?

Overview of WAX offerings
Cross-chain compatibility: WAX is compatible with other blockchains, such as Bitcoin and Ethereum, which allows users to transfer assets and data between these blockchains.
Decentralized application (dApp) development and deployment: WAX can also be used to develop and deploy dApps, such as decentralized exchanges and financial applications.
Enterprise solutions: WAX offers a variety of enterprise solutions, such as supply chain management and loyalty programs.
Non-fungible token (NFT) creation and management: WAX offers a variety of tools and services for creating and managing NFTs, including the Atomic Assets standard and the WAX Cloud Wallet.
Payment processing: WAX can be used to process payments quickly and securely, with low transaction fees.
These services make WAX a valuable platform for a wide range of users, including developers, businesses, and consumers.
Video game development and deployment: WAX is designed to be a platform for the development and deployment of video games, with a focus on scalability, security, and ease of use.