WAX stands for Worldwide Asset eXchange, and this is a global decentralized marketplace designed for virtual assets, specifically those related to video games. The platform is completely decentralized and makes it possible for anyone to run a fully functional virtual marketplace without having to invest in payment processing, infrastructure, or security. The team at WAX is the same as behind OPSkins, which is the world’s top marketplace for assets related to online video games. The team created WAX to serve the more than 400 million online players that already use in-game items, selling, buying, and collecting them.
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