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Venezuela
2 Level
86 Review
264 Karma

Review on WAX by Eve Vallenilla

Revainrating 3 out of 5

Wax: For reliable and global digital asset management

The digital industry immerses us in a wide and diverse range of blockchain platforms that make it easy for us to convert digital assets on a global scale.

Wax offers us an exchange platform that goes even further, since it allows us to convert real-world objects into digitized assets, feasible for exchange in a secure environment and on a global scale.

Wax has the power to design non-custodial markets so that users (buyers and sellers) can redeem gaming items safely and globally, without third-party intermediation.

Why do users prefer Wax?

• Provides easy user interface to participate in virtual asset management

• Admits anyone within the exchange operation

• It has the capacity to handle a large volume of players within the game object exchange platform

• Employs smart contracts, which provides transparency and precision to the transfer of virtual assets

• Provides a reliable data structure, where interested parties can see prices and items offered

• It has a non-custodial platform that allows free interaction between buyers and sellers from all over the world

• It uses a secure and efficient cryptographic protocol such as the native WAX token, which is used to value virtual objects and carry out their sale in the exchange process.

• Uses ERC-20 type WAX token widely compatible with many popular digital protocols on the market

• Offers ease to acquire the native WAX token, through the use of BTC or ETH

• WAX tokens can be stored in both cold wallets and software wallets

• Has a valuable team in the management of the Wax platform, led by the global leader OPSkins



Pros
  • Instrument to build global markets for digital products
  • Serves for virtual item transfers in a secure environment
  • Facilitates the incorporation of anyone to the exchange management
  • Reliable marketplace to trade game objects on a global scale
Cons
  • The use of BTC or ETH is required to buy WAX