Worldwide Asset eXchange (WAX) is a video game virtual goods marketplace. Individuals or small businesses can buy, sell and trade virtual goods tokenized as NFT’s.
WAX was initially designed to trade collectible items in video games, such as weapons, armor, vehicles, properties, character skins, clothing and perks. Now it allows users to tokenize everything from films, music, books, memorabilia, trading cards and artwork. Digital goods are then certified and authenticated using its blockchain. This has made WAX one of the most popular NFT exchanges. It is decentralized and can support a variety of selling structures for maximum liquidity.
WAX is specifically designed for creators of NFTs, and buyers and collectors of virtual goods. Gamers can still exchange items with one another. Its marketplace exchange is widely accessible and transparent. It can serve over 400 million online players. Gamers have access to a worldwide market.
NFTs have quickly become the new way to trade items on the internet. Traders on WAX can create their own virtual stores on one decentralized platform without having to invest in security, infrastructure or settlement. Its specialized blockchain network is backed by robust and secure cryptocurrencies. Gamers can purchase goods with a global token.
With the WAX Cloud Wallet (WCW), users can view all the NFTs in inventory. It also has a function that allows users to earn rewards or special drops from NFT creators. WAXP enables users to list items for sale, transact among other users, settle the transfer of virtual goods, and create and service contracts.
Users can also propose and vote for WAX Guilds. And one of the best features is an easy onboarding process. Sign-in options include connecting to existing Google, Twitter, Facebook and other social media accounts.