WAX is a purpose-built blockchain and protocol token designed to make e-commerce transactions faster, easier, and safer for all participants. The WAX Blockchain uses Delegated Proof of Stake (DPoS) as its consensus mechanism and is meant to be fully backward compatible with EOS. The custom features and incentive mechanisms developed by WAX are designed to optimize the blockchain's usability in e-commerce, and encourage voting on guilds and proposals.
WAX has created a suite of blockchain-based tools upon which dApps, marketplaces, and native non-fungible tokens (NFTs) are built. These tools include services to support e-commerce operations such as the WAX Cloud Wallet, SSO and OAUTH, a native RNG service, and a developer portal. The resulting technology reportedly represents a blockchain architecture with 500 millisecond block times, is fee-less for customers, and leverages voting rewards to incentivize participation in the selection of block producers and proposals
| WAX Price | $0.047435 USD |
|---|---|
| WAX ROI | -76.28% |
| Market Rank | #92 |
| Market Cap | $55,054,933 USD |
| 24 Hour Volume | $13,920,862 USD |
| Circulating Supply | 1,160,646,032 WAXP |
| Total Supply | 3,658,966,408 WAXP |
| Max Supply | No Data |
| All Time High | $5.01 USD (Dec 21, 2017) |
| All Time Low | $0.015961 USD (Dec 30, 2019) |
| 52 Week High / Low | $0.150960 USD / $0.015961 USD |
| 90 Day High / Low | $0.074155 USD / $0.016249 USD |
| 30 Day High / Low | $0.054179 USD / $0.029212 USD |
| 7 Day High / Low | $0.054179 USD / $0.031413 USD |
| 24 Hour High / Low | $0.054179 USD / $0.046661 USD |
| Yesterday's High / Low | $0.054179 USD / $0.043558 USD |
| Yesterday's Open / Close | $0.043878 USD / $0.047741 USD |
| Yesterday's Change | $0.003863 USD (8.80%) |
| Yesterday's Volume | $16,468,029 USD |