Worldwide Asset eXchange (WAX), the world’s first blockchain protocol purpose-built for digital commerce, released its mainnet and protocol tokens. ERC-20 WAX Token holders have until August 30, 2019 at 5pm Pacific Time to swap their tokens for WAX Protocol Tokens. WAX Protocol Tokens are used to stake, vote, and earn rewards, allowing token holders to potentially double their WAX Tokens over three years with the Genesis Block Member (GBM) Program.
dApp developers can now duplicate existing EOS dApps onto the WAX Blockchain with just a few clicks, and immediately gain access to WAX Token holders and millions of OPSkins customers. This exposes their dApp to a community of video gaming enthusiasts who are already using random number generator-based dApps and trading NFTs.
Hand-in-hand with the mainnet launch is the launch of the WAX Service Layer, a full suite of blockchain-based support tools and services allow the community to build projects on WAX. dApp developers, marketplace owners, video game creators, collectible traders and more can now utilize the following microservices:
“So much hype around blockchain is going unfulfilled simply because no one has addressed all the pain points in a single solution,” said William Quigley, CEO of WAX. “We carefully designed the WAX Blockchain Platform and our full suite of blockchain-based tools to enhance the online marketplace experience. It’s drop-dead simple for users and delivers blockchain’s original promises.”
Within the next month, WAX will be moving existing WAX ExpressTrade transactions and WAX NFTs to the WAX Blockchain. WAX will also be releasing a new WAX Protocol Whitepaper, additions to the WAX Service Layer, a developer portal, and more features for WAX Token holders and developers.