The Worldwide Asset eXchange (WAX), a blockchain platform and NFT community, introducedthat OKEx Blockdream Ventures, an funding subsidiary beneath crypto buying and selling platform OKEx.com, is backing the WAX Blockchain Ecosystem, buying a considerable place (amount undisclosed) in WAXP tokens.
WAX processes 15 million transactions each day together with two-thirds of all game-related transactions with over 450,000 each day customers. The platform can also be the quantity two layer-1 blockchain behind solely Ethereum in 30-days NFT gross sales quantity.
“WAXP has an edge in GameFi, enabling a friendly environment for game developers. They also have high performance and low fees with a huge player base, where native games like Alien Worlds & Farmers World have 350k daily active users. The catalyst is the creative content and virtual items staked by KOLs and loyal audiences in Metaverse DAO by publisher and community,” says Dora Yue, Founder of OKEx Blockdream Ventures.
As a supplier of GameFi and NFT infrastructure, WAX in centered on:
- Competitive GameFi & NFT initiatives
- Closed-loop incentives for all contributors
- Tactics for sustainable progress
”Additionally, the WAX crew has a terrific technique for future growth and are devoted to producing worthwhile digital and artistic objects which will likely be traded safely on a decentralized platform,” stated Dora. “They are a seasoned team designing products for enormous demand. Alongside WAX, OKEx Blockdream Ventures will attract others into this NFT realm. ”
“We are excited that OKEx Blockdream Ventures has chosen to back the WAX ecosystem,” says William Quigley, Co-Founder of WAX. “We look forward to a long-term partnership to make the WAX blockchain and all of its top-performing metaverse, game, and NFT projects available to a broader audience.”