The WAX blockchain is the brainchild of the Worldwide Asset eXchange, and is dedicated to the creation, selling, and trading of non-fungible tokens (NFTs). WAX is also behind the WAX Advisory Council, featuring members from multi-billion dollar companies and global gaming brands. Using an innovative tokenomic model, WAX creates incentives for all WAX token holders within the community, with the potential to use the WAX Protocol Token (WAXP) to earn a passive income. Also, WAX blockchain offers simple development options to design and deploy decentralized applications (dApps). Some of these dApps include decentralized marketplaces and NFT creators for users to mint their own WAX NFTs. 

In this article, we’re going to dive deep into The Worldwide Asset eXchange (WAX) ecosystem. We’ll be exploring how WAX blockchain is implementing developments to cater to mass adoption. Moreover, we’ll look at the WAX tokenomic structure, the different WAX tokens and functions...