What is WAX?
For online players who collect, buy and sell game items can enjoy a platform with zero investment in security, infrastructure and payment.
The platform’s utility tokens are WAX and can exchanged for cryptos. The platform will allow traders create their own virtual stores and integrates a decentralized exchange with third parties. WAX uses Delegated Proof of Stake (DPOS) as the consensus algorithm which allows for high transactions. DPOS is different in that its confirming nodes are usually elected by token holders that pledge votes to proposed delegates.
The platform uses Transfer Agents that accept and transfer virtual goods between users. These transfer agents are given a certain percentage of these WAX tokens. You can buy the tokens at Bittrex or Huobi. With DPOS and Transfer Agents this is an interesting investment.