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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.
| MobileGo is a smart token that was created by a company called GameCredits, which also released a token called GAME. It was designed to facilitate peer-to-peer match play and decentralized tournaments for millions of competitive gamers around the world. MobileGo tokens are meant to be used to gamify the mobile platform and to give game players incentives that reward them for loyalty and participation. The token was created in 2018, and $53 million was raised in an ICO. The MobileGo token should not be confused with GAME, which acts as the primary payment currency of the GameCredits mobile gaming store.
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