What is WAX?
WAX, or Worldwide Asset eXchange, is a blockchain platform designed for the trading of digital assets, including virtual items from video games and tokenized consumer products. Utilizing non-fungible tokens (NFTs) and a Delegated Proof of Stake (DPoS) consensus model, WAX enhances transaction efficiency, liquidity, and transparency. This enables content creators and game publishers to effectively manage and monetize their digital assets using smart contracts within the WAX ecosystem.