Today, the Worldwide Asset eXchange (WAX) announced that OKEx Blockdream Ventures is investing in the WAX Blockchain Ecosystem and has acquired a significant position in WAXP tokens. With over 450,000 daily users, WAX is the most used blockchain in the world and the #1 Metaverse blockchain in gaming and NFTs. It processes 15 million transactions daily, including two-thirds of all game-related transactions. In terms of 30 days NFT sales volume, the platform is also the second-highest Layer-1 blockchain after Ethereum.
“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,” explains Dora Yue, Founder of OKEx Blockdream Ventures.
NFT sales (ERC-721 & ERC-1155) have hit $ 26.9 billion so far, according to Chainalysis, with a market capitalization of $ 43.08 billion. OKEx Blockdream Ventures witnessed the active participation in NFT by the mainstream, which includes social media integration with NFT (Twitter and Reddit), music, culture, art, gaming, sports, clothing, and even consumer markets. Over 1.8 million gamers are swarming in this new era.”
“As a provider of GameFi and NFT infrastructure, WAXP differentiates itself in three ways, including:
- GameFi & NFT projects that are competitive
- All participants receive closed-loop incentives
- Canny Tactics for sustainable growth
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”Additionally, the WAX team has a great strategy for future expansion and are dedicated to producing valuable virtual and creative items which will be traded safely on a decentralized platform,” Dora added. “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 WAX Co-Founder William Quigley. “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.”
About WAX
Worldwide Asset Exchange (WAX), sometimes called the King of NFTs, is the world’s No. 1 blockchain, according to Dappradar.com. It is WAX’s mission to make the use of NFTs easy, safe, and environmentally friendly for everyone by providing a safe, secure, and environmentally friendly platform. WAX is the leading entertainment NFT network – in 2018, WAX introduced vIRLs®, which allows consumer product companies to direct link NFTs with physical products. WAX was co-founded in 2017 by William E. Quigley and Jonathan Yantis to facilitate the trade of more than 100 million digital collectibles including Mattel, Hasbro, Major League Baseball (through Topps MLB collectibles), Funko Digital POP!, Capcom’s “Street Fighter,” World Series of Poker and world-renowned entertainers Deadmau5 and Weezer. In addition to WAX being the leading network for play-to-earn games in the metaverse, it is also home to many of the top blockchain games, such as Alien Worlds, Splinterlands, Farmers World, and Farming Tales.
About Okex
A globally-recognized trading platform, OKEx Blockdream Ventures invests in the best blockchain projects globally, supports the most cutting-edge blockchain technology innovation, promotes the healthy development of the global blockchain industry, and is committed to creating long-term value. OKEx Blockdream Ventures has an initial capital of USD 100 million. With over 27 years of experience in blockchain projects, Global Ventures is committed to helping the right entrepreneurs contribute to the blockchain industry’s development and build great companies.
