WAX is a decentralized platform that enables anyone to operate a fully functioning virtual marketplace with zero investment in security, infrastructure, or payment processing. Developed by the founders of OPSkins, the world’s leading marketplace for online video game assets, WAX is designed to serve the 400+ million online players who already collect, buy and sell in-game items.
In May, WAX announced it will build the WAX custom blockchain. Please note: There will eventually be two versions of the WAX token—the current ERC20 version, and the new protocol token for the WAX custom blockchain. Per WAX, once the protocol token is released, the ERC20 token will continue to be functional and tradable.