WAX Coin (WAXP) Price Prediction

WAXP is a popular layer-1 blockchain ecosystem that is widely used for non-fungible tokens (NFTs), dApps, and video games. The WAX ecosystem allows users to create, buy, sell, and trade different items globally. WAX has successfully traded millions of NFTs from its partners, and its major NFT partners include Funko, Atari, Sony Funimation, and Capcom. WAX has also introduced vIRL NFT, which is unique from other standard NFTs, allowing users to hold dynamic functionality, including app/video game integrations and marketing tools.
WAX was co-founded by William Quigley and Jonathan Yantis in 2017, and since then, it has contributed significantly to digital commerce. WAX has approximately 8 million users per month, and its blockchain is placed at the top in terms of volume of transactions, with over 15 million transactions per day. Many popular play-to-earn games such as Alien World, R-Planet, and Kolobok Adventures are associated with WAX, and users can access DApps and NFT marketplaces with WAX. WAX has received Carbon Neutral Certification in early 2021, and it uses WAX’s Delegated Proof of Stake mechanism, which is energy-efficient and carbon-neutral.

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