opskins

Decentralized Virtual Asset Exchanges Are the Next Big Thing in Gaming

OPSkins is the world’s largest centralized marketplace for virtual goods (gaming skins, etc.), with millions of users with almost 100% retention, millions of transactions annually, billions of items listed, and growth of nearly 200,000 new users per month. The marketplace for virtual goods trading is estimated to be $23 billion dispersed in trading, with another …

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Brian Fargo: Blockchain will innovate the entire gaming industry

WAX sat down with legendary game developer Brian Fargo to gather his thoughts on WAX, blockchain and gaming. My interest in WAX began with the greatest white paper I’ve ever read (and I’ve read a lot of them!). The huge number of direct transactions possible is not only incredible to witness, but also fuels the …

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Understanding a New Token

Understanding a new token’s mechanics can be pretty difficult. Not only do you have to understand the actual mechanisms, but the mechanisms don’t make much sense outside of the context of the goals. As we’ve explained before, WAX Tokens are meant to be used by a specific audience: gamers. In order to understand some of …

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The Future of WAX: from Game Skins to Crypto, and Tokenizing Physical Assets, too?

The creation of the Worldwide Asset eXchange™ (WAX), a decentralized platform that enables anyone to participate in a marketplace for virtual game assets, demonstrates the power of tokenizing in-game items. WAX will reduce transaction costs, create marketplaces for games in which it was not previously possible to transfer assets, and fractionalize player profits from centralized …

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