Worldwide Asset eXchange(TM) (WAX), the “King of NFTs,” today announced it has launched a new tokenomic model that allows WAX Token holders to directly benefit from WAX’s success in the NFT market. According to the update, the new model combines the explosive growth of NFTs with the superior monetization capabilities of DeFi. It enables anyone who participates to earn rewards in the form of Ethereum Tokens (“ETH”) and WAXG Governance Tokens. The WAX Blockchain has been dubbed the “King of NFTs.” That label is due to the fact that every primary NFT sale on the WAX Blockchain has sold out in a matter of hours and, in some cases, just a few minutes. Equally impressive is the secondary trading volume for WAX NFTs. NFT secondary trading volume averages 5X more than the primary sales volume on an annualized basis.
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About Worldwide Asset eXchange(TM) (WAX)
WAX is the King of NFTs. The WAX Blockchain is the safest and most convenient way to create, buy, sell and trade NFTs — to anyone, anywhere in the world. WAX has created a full suite of blockchain-based tools that allows anyone to trade NFTs instantly and securely to anyone, anywhere. These include an easy-to-use WAX Cloud Wallet where accounts can be created in just two clicks using social logins, a robust developer portal and more. Participants of the Worldwide Asset eXchange gain access to a global community of collectors and traders, buyers and sellers, creators and gamers, merchants, dApp creators, and game developers. For more information, please visit www.WAX.io
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