What are WAX Tokens?
WAX (Worldwide Asset Exchange) is an ERC-20 token on the Ethereum Blockchain that will be used for buying, selling, and trading digital goods, or even opening up your very own digital marketplace.
They were created by the founders of OPSkins, which happens to be the current biggest marketplace for digital gaming items. OPSkins is more than 10 times larger than their second competitor, which means they have a pretty tight hold on the digital items marketplace.
With the upcoming rise of VR(virtual reality), I expect to see both OPSkins and WAX to flourish as more and more people join the digital realm and as VR worlds, gaming, and markets grow and evolve.
The chokehold that OPSkins and soon WAX will have on the digital item marketplace is so substantial that there is essentially a 0 chance that either one of these companies fail.
WAX had over a 130 percent gain today, reaching back to the $2.50 mark and a $1.2 billion+ market cap. They were recently added to Blockfolio, Tidex, the Bancor Network, and EtherDelta. Houbi is a major exchange that they are on now, but I would expect to see them on Binance/Bittrex/Poloniex soon, because it is certainly a utility token!
Owning over 19,000 tokens has me extremely excited for the future, and I would recommend looking into getting into this coin ASAP before they really go to the moon!
To the moon,
Big fan of WAX as well. Bought some during the ICO after watching a video of Mike Novogratz talking about it. Huge potential in this industry.
For sure @dylanjacobson! Just wait until the VR market gains traction! Check out Decentraland (MANA) if you haven't yet.
that's pretty cool to know, thanks for this information...
i guess everyone should read this fine post so important for everyone !!!
there are now many tokens on erc 20 but will it go to the moon
A very interesting cryptocurrency indeed! There seems to be a common trend that successful companies that launch cryptos generally do well, down to the fact that they are usually playing on a market that they have control of - just like with WAX.
The digital asset economy is booming and with OPSkins being heavily involved in digital gaming items, I agree that this coin should do very well and be seen in more generic exchanges.
I am definitely going to look in to it more anyway, thanks for the great post!
Youtuber suppoman gave a bad review to it .
He looks dumb now considering it has gained so much!
Amazing post .It will see the moon really soon..
Damn that is pretty interesting of a concept. I feel like everything is on the Ethereum blockchain at this point so that makes me a little hesitant.
Yeah...Absolutely correct. I checked wax coins and Its going moon. 108.40% gaining percentage within last 24 hours. Currently new cryptos seems high growth and attract people there.Wax coins will be awesome in future. Hopefully wait. Thank you for the details @bwells.
Great info as always!
crypto's are the future. It will see the moon really soon..
The market is becoming flooded with new Crypto, and all the new crypto will destroy the whole market,
People need to begin to consolidate some of the established currencies out there, or it will be no more then a bubble. People are dumping Bitcoin to buy ETH and Dumping ETH to buy other lower currencies.
I don't think that you fully grasp how to economy is shifting towards Blockchain technology. I kind of agree with what you are saying, but if you think the whole market will ever be destroyed, then you are either uninformed, a crypto noob, or delusional.
I dont think it will be completely destroyed, I think it is here today, I am more saying that .
Well lets say something like , I spend the next two years, working my Steem up and establishing a foundation value where I can now Begin a project I have been working toward, If at that time, there is a that negative effect cause a bubble burst to do serious damage to the value of currencies, They will bounce back, but over a longer time. could go on and on, but can you see a big financial bubble burst with the influx of so many currencies.
I am a crypto noob yes, and I ask to learn more, I believe it is here to stay why I am interested in trying to learn and gain some myself.
Very hard to say right now which currencies will be there when things balance out
I can agree with that and definitely understand your concern.
The biggest scandal to hit crypto so far was when 300 million plus was hacked in Bitcoin off of Mt. Gox and the price dropped from $800-$1000 to $120-$150. It only took a year and half or so to bounce back, but that was a different scenario.
I think there are a lot of coins that will tank, but all of the viable projects are here to stay. Knowing which ones are legitimate come with checking out their team, accomplishments, and some inner-instinct as well.
Steem is still extremely undervalued, but there could always be a better platform later that outperformed Steem. Think about Myspace to Facebook.
I don't think Steem is going anywhere considering the fact that it dominates Google rankings.
Some scams/ponzis can and will tarnish other coins, but there should be enough support for them to all bounce back quick at this point, in my opinion.
Thanks for the comment and let me know if there is anything I can help you out with regarding crypto/Blockchain!
Great token! I love how we can create our own stores <3
time to get into this the launch is ready to go
Nice token ..,...have gained a lot
this coin is already halfway to the moon way it will go beyond that
Interesting coin! Pitty i don't account in any of the exchanges listed!
But i can see potencial for a 14B marketcap so a 10x on this coin!
Nice investment!
nice post..
early to bed , and early to rise makes a man healthy wealthy and wise!!
that is damn true..
Great to watch this token sir.
it is too high to buy now
and meaby even further yeah! to jupiter!