
What is WAX?
WAX stands for Worldwide Asset eXchange and is a blockchain specifically made for trading virtual items such as rare and collectible items in video games and virtual worlds.

WAX stands for Worldwide Asset eXchange and is a blockchain specifically made for trading virtual items such as rare and collectible items in video games and virtual worlds.
NFTs
Mattel has hit pause on its flagship Hot Wheels Virtual Garage NFT program, announcing there will be no further releases of new NFT series or feature drops “for the foreseeable future,” as the toy giant reconsiders the long-term future of its digital collectibles. “As we evaluate the changing world of virtual collectibles, we’ve determined the time has come to end our Series and Feature Drops in 2025 and onward,” Mattel said in an official update posted to its website. The decision puts an end,...
Technology
Amazon Web Services (AWS), the leading cloud computing platform, has joined forces with the WAX blockchain to integrate the network into AWS's Amazon Managed Blockchain (AMB) service for use with crypto games and NFTs. The collaboration will allow developers to more easily deploy WAX nodes and integrate Web3 functionality into their applications with just a few clicks through the AWS console. Amazon detailed the integration in a blog post shared on Tuesday. "The new partnership between WAX and A...
Gaming
Hoping to amplify competition across multiple communities, the creators of the play-and-earn NFT game Alien Worlds today announced the launch of in-game DAOs—or decentralized autonomous organizations—under a new Planetary Syndicates model. Alien Worlds is an NFT-driven game in which users collect and trade unique digital items minted primarily on the WAX blockchain. Players compete to earn Alien Worlds' in-game token, Trilium (TLM), which is needed to control one of the six rival DAOs. Alien Wo...
Gaming
WAX Studios, a Web3 company focused on and affiliated with the NFT-centric WAX blockchain, is continuing its push into play-to-earn (P2E) gaming. The studio has hired Richard Garfield, mathematician and creator of the tabletop card game “Magic: The Gathering,” to develop a PVP (player vs. player) game mode for Wax Studios’ first NFT game, “Blockchain Brawlers.” “I am aiming for a game that is entertaining and immersive with real strategic choices and opportunity for risk taking—yet easy enough...
NFTs
Amid the NFT market boom of the past year, WAX doesn't get much hype. Ethereum has the high-dollar, headline-grabbing sales and the bulk of the overall trading volume, while Solana and Flow have both played host to notable respective successes in the space. But even with less buzz around it, WAX has quietly put up notable stats. It boasts the highest smart contract transaction volume of any chain today, with DappRadar reporting around 18 million daily transactions of late, while major brands lik...
NFTs
Movie theater chain AMC has increasingly leaned into the world of cryptocurrency since the initial meme stock frenzy that sent its share price soaring about this time last year. Now the company has made good on its promise to reward shareholders with NFT collectibles. Today, AMC deployed exclusive “I Own AMC” NFTs to the more than 580,000 shareholders who registered via AMC’s Investor Connect portal by the December 31 deadline. The NFTs were minted on WAX, a platform designed for high-volume app...
Coins
For the last three years, DappRadar has shared data and analytics about the rapidly growing decentralized apps (dapps) and games industry. Now the startup plans to decentralize itself by launching its own token and recasting itself as a “dapp store.” On Thursday, the firm announced that it will become the latest blockchain-based platform to launch its own token and shift to a community-owned model. The RADAR token will let holders vote on the future development of the platform, as well as gain a...
NFTs
NFTs are generating billions of dollars’ worth of transactions each month lately. However, the latest sales data from top marketplaces and collections suggests that momentum within the Ethereum NFT market is still tapering down from the frenzied heights of August. Leading peer-to-peer marketplace OpenSea is a primary example of the gradual decline in monthly trading volume. Ethereum trading volume on the platform dropped from $3.4 billion in August to $3 billion in September, per data from Dune...
Technology
Rock band Weezer announced today that it will join the recent barrage of musicians releasing digital collectibles as non-fungible tokens (NFTs). But unlike most, if not all, of those musicians, Weezer has opted against Ethereum in a favor of a competing network to mint its wares, explaining in a tweet that it would be “better for the environment.” The NFTs will be released on the WAX blockchain and are based on the band’s most recent album, OK Human—but more specifically, they’re based on a limi...
Technology
MGA Entertainment’s Bratz franchise, spanning toy dolls, movies, TV shows, and games, is heading to the blockchain thanks to a new partnership announced today with Animoca Brands. Animoca Brands will use the franchise, which was particularly popular in the early ‘00s, to create a blockchain-based game called Bratz Lookz to release in January, along with other Bratz mini-games on its GAMEE platform. This Bratz is on fire!!! 🔥 #bratz pic.twitter.com/zKVTvJTap6 — Bratz (@Bratz) December 14, 2020...
Business
Popular Canadian producer and musician Joel Thomas Zimmerman, aka Deadmau5, and blockchain platform Worldwide Asset eXchange (WAX) have announced the sale of a limited series of non-fungible tokens (NFTs) based on the artist’s work. 💿 THIS WEDNESDAY: The legendary dance artist @deadmau5 will release his first series of digital #collectibles on the WAX #Blockchain, and they look AMAZING! 👉 Check them out here: https://t.co/lJIwlk6mPk@EmanateOfficial #NFTs #NFT #CryptoArt #dancemusic pic.twitte...
Business
Some of the crypto communities top creators, investors, and advocates have larger-than-life personalities—so large, in fact, that a game studio has turned them into superheroes for an upcoming blockchain-based collectible card set. Blockchain Heroes is the creation of Joel Comm and Travis Wright, co-hosts of The Bad Crypto Podcast, and the digital card set features 50 different heroes in its debut set releasing this August. As the name teases, all of them are based on people from throughout the...
Technology
The Topps Company, the American trading card maker that has worked with an array of sports leagues and licensed brands since 1938, has announced plans to issue blockchain-enabled digital cards based on The Garbage Pail Kids. Topps has teamed with Worldwide Asset Exchange (WAX) to create a proprietary platform for collectors to buy, sell, and trade digital cards, each verifiable on the blockchain. Although Topps already has digital card marketplaces for other licensed brands, this is the first ti...
Coins
The gaming-focused, digital asset trading platform WAX today announced a deal with Korea-based mobile gaming developer ITAM, which will see a number of EOS-based games transition over to the WAX blockchain. Among the games ITAM will be moving are “Dungeon Princess,” “Blue Dawn,” “Dark Town” and “Darkside Dungeon.” WAX said it has also gained interest from several other EOS gaming projects, including “Dark Country,” “Chain Clash” and “Karma,” which plan to move over to WAX by mid-2020. In an int...
Technology
Using blockchain-based applications can be a daunting process. But a number of crypto startups are looking to simplify the onramps to the decentralized web. One such project is WAX, a gaming-focused platform designed for selling, trading and purchasing digital assets. Earlier this week, it announced the launch of the WAX cloud wallet, which aims to simplify the login process of several blockchain applications. What is WAX? According to WAX, the goal of its wallet—which will be available for bot...
The Projects
The video game industry is massive: over 400 million players purchase more than $50 billion in virtual items every year. The benefits that blockchain can bring to an economy that is already virtual and based around rare assets are obvious: decentralization, interoperability, transparency, and efficiency. WAX is hoping to be among the first to pair gaming's popularity with blockchain's expanding toolkit. What is WAX? WAX stands for Worldwide Asset eXchange and is a blockchain specifically made f...