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 | $0.053907 USD |
|---|---|
| WAX ROI | -73.05% |
| Market Rank | #96 |
| Market Cap | $66,180,313 USD |
| 24 Hour Volume | $1,953,515 USD |
| Circulating Supply | 1,227,680,116 WAXP |
| Total Supply | 3,677,416,291 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 | $0.096844 USD / $0.015961 USD |
| 90 Day High / Low | $0.085579 USD / $0.026995 USD |
| 30 Day High / Low | $0.060649 USD / $0.045598 USD |
| 7 Day High / Low | $0.059560 USD / $0.052317 USD |
| 24 Hour High / Low | $0.054207 USD / $0.052317 USD |
| Yesterday's High / Low | $0.054291 USD / $0.052317 USD |
| Yesterday's Open / Close | $0.054041 USD / $0.053986 USD |
| Yesterday's Change | $-0.000055 USD (-0.10%) |
| Yesterday's Volume | $1,906,651 USD |