token

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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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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4 million crypto wallet holders don’t know about 400 million gamers…

“We see online video game players as the best customers to start with because a lot of what they do collecting and selling virtual items is similar to trading cryptocurrencies on the blockchain.” — William Quigley Across the globe, 400 million online video game players spend $50 billion annually on virtual items. That’s not exactly a small …

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Why does WAX need its own protocol and blockchain?

Perhaps the most often asked questions when a token is launched are, “why do you need your own token?” and “why do you need your own blockchain?” These are understandable questions, since frankly, many projects out there really don’t need a token and are capitalizing on the current token craze. We’ll be going over exactly …

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