WAXP

WAX price 
WAXP

$0.06731  

6.85% (1d)

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WAX statistics
Market cap
 

6.87%

$231,193,830
#251
Volume (24h)
 

3.66%

$11,128,226
#362
Volume/Market cap (24h)
 
4.81%
Circulating supply
 
3,434,833,870 WAXP
Total supply
 
4,166,518,904 WAXP
Max. supply
 
Fully diluted market cap
 
$280,442,519
WAXP to USD Converter
WAXP
USD
Price performance
24h 
Low
$0.06042
High
$0.06752
All-time high
Dec 21, 2017 (6 years ago)
$5.01
-98.66%
All-time low
Dec 30, 2019 (4 years ago)
$0.01596
+321.7%
See historical data
Popularity
In watchlists168,764x
335th / 9.7K
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About WAX

What Is WAX (WAXP)?

WAX (WAXP) is a purpose-built blockchain, released in 2017, that is designed to make e-commerce transactions faster, simpler and safer for every party involved. The WAX blockchain uses delegated proof-of-stake (DPoS) as its consensus mechanism. It is fully compatible with EOS.

The custom features and the incentive mechanisms developed by WAX are intended to optimize the blockchain’s utility specifically for use in e-commerce, with the goal of encouraging voting on proposals.

To make this possible, WAX created a suite of blockchain-based tools which decentralized application (DApp) marketplaces and non-fungible tokens can be built upon.

Services such as WAX Cloud Wallet, SSO and OAUTH support e-commerce operations, the latter being a native RNG service and a developer portal. WAX’s blockchain architecture supports 500-millisecond block time and zero-fee transactions for customers. It also makes use of voting rewards to incentivize participation in the selection of block producers and improvement proposals.

Who Are the Founders of WAX?

What Makes WAX Unique?

How Many WAX (WAXP) Coins Are There in Circulation?

How Is the WAX Network Secured?

Where Can You Buy WAX (WAXP)?

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