Worldwide Asset eXchange
“Worldwide Asset eXchange” (WAX) is a global virtual goods marketplace founded in 2017. WAX serves as a decentralized marketplace that allows users to purchase goods with a global token[1][2].WAX was founded by the same creators of OPSkins (founded in 2015), a platform for video game goods traders that enabled traders to a marketplace to buy, sell, and trade virtual goods.[3] WAX allows for users to sell both digital and/or physical assets in the world and serves more than 400 million individuals that participate in online games.[3]
| File:Worldwide Asset eXchange Logo.png | |
| Private | |
| ISIN | 🆔 |
| Industry |
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| Founded 📆 | 2017 in Santa Monica, California |
| Founders 👔 |
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| Headquarters 🏙️ | Cayman Island |
Area served 🗺️ | |
Key people |
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| Members | |
Number of employees | |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
| Footnotes / references | |
History[edit]
WAX was founded by William Quigley and Jonathan Yantis in 2017.[4] Quigley is a co-founded of Tether (cryptocurrency), one of the first Stablecoin. It is currently headquartered in Cayman Islands. Quigley is currently overseeing all of the companies’ operations as the CEO.[5] Quigley also co-founded Clearstone Venture Partners, an “early stage focused venture capital firm”.[6][7]
Before WAX was founded, the founders were working on OPSkins.[3] OPSkins initially operated as an online marketplace selling Counter-Strike: Global Offensive (CS:GO) in-game items. [3] OpSkins allowed for users to sell and trade in-game skins from CS:GO.
Since OPSkins, WAX has conducted studies on gamer interest in blockchain gaming and released more services and memberships in 2019.[8][9] In early January 2019, European Esports brand, Fnatic, partnered up with WAX to distribute merchandise and collectables through the use of blockchain.[10] WAX's blockchain uses Delegated proof of stake chain as its consensus mechanism.[11]
See Also[edit]
References[edit]
- ↑ Chavez-Dreyfuss, Gertrude; Delevingne, Lawrence; Kerber, Ross (2017-11-14). "Big money is coming to bitcoin: ex-Fortress executive Novogratz". Reuters. Retrieved 2019-08-05.
- ↑ Thanh, Phong (May 29, 2019). "Introduction Staking and Voting on WAX". www.redpulse.com. Red Pulse. Retrieved 2019-08-05.
- ↑ 3.0 3.1 3.2 3.3 Hall, Charlie (2019-03-04). "Real-world loot boxes are here, and gambling on them is a weird YouTube niche". Polygon. Retrieved 2019-08-06.
- ↑ Nguyen, Toan Van; Ryu, Geunwoong (July 25, 2019), Lee, Roger, ed., "An Alternative Development for RCANE Platform", Software Engineering Research, Management and Applications, Studies in Computational Intelligence, Springer International Publishing, pp. 205–219, doi:10.1007/978-3-030-24344-9_13, ISBN 9783030243449
- ↑ Heal, Jordan (August 1, 2019). "WAX CEO William Quigley: "Ethereum is just slow, difficult, and expensive"". Yahoo Finance. Coinrivet. Retrieved 2019-08-07.
- ↑ Dave, Paresh (May 24, 2016). "Venture capital firm March Capital Partners debuts with $240-million fund". Los Angeles Times. Retrieved 2019-08-06.
- ↑ "William Quigley". Business Insider. Business Insider. Retrieved 2019-08-06.
- ↑ Heal, Jordan (April 29, 2019). "What is the WAX Genesis Member Program?". finance.yahoo.com. Coin Rivet. Retrieved 2019-08-06 – via Yahoo Finance.
- ↑ Petersson, David (November 16, 2018). "A New 'Fortnite' Awaits In Blockchain Gaming". Forbes. Retrieved 2019-08-06.
- ↑ "Fnatic-WAX Partnership Combines Esports and Blockchain". Cheddar. January 11, 2019. Retrieved 2019-08-07.
- ↑ "WAX Solving Voter Apathy Problem Plaguing DPoS-Based Blockchains". AiThority. AI News Desk. May 3, 2019. Retrieved 2019-08-06.
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