ugChain is developing a decentralized gaming ecosystem. One of its central features will be a blockchain-based virtual asset manager that will allow users to manage their virtual assets for a variety of games. The network is powered by the Ethereum-based UGC token.

The Worldwide Asset eXchange (WAX) is a decentralized marketplace for in game virtual items. It specifically targets video game players. WAX was created by Opskins, which already operates a centralized trading platform that allows millions of gamers to buy and sell in-game assets. WAX is designed to serve the estimated 2 billion video game players that hold a variety of digital items. A decentralized trading platform, that is powered by the native WAX token, would enable anyone to operate an item marketplace similar to Opskins. The company launched this token in an ICO that raised $64 million. WAX promises to empower virtual asset holders with a secure exchange that has free transaction processing and instant payments. This would also create greater liquidity for a wide range of virtual items that would otherwise be difficult to monetize.