What problem does this service solve?

WAX.io is a subsidiary of Opskins, which operates a centralized trading platform for virtual in-game items that have video game players have acquired and may want to monetize. The goal of the project is to create a blockchain-based decentralized platform that will leverage its transparency and efficiencies to further empower gaming enthusiasts.WINk's goal is to make it easier for DApp developers to create provably fair and transparent games.

Token Stats

Company Description

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.

The WINk token is the native cryptocurrency that powers the WINk DApp platform. WINk is built upon the TRON blockchain and is specifically designed for creating decentralized multiplayer games and provably fair casino games. Transactions that occur on the WINk network are registered on the TRON blockchain, and smart contracts use a random number generator to assign a random hash and time stamp to each of them. Games built on the platform can be played with several TRC-20 tokens, including the WINK token.

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