Blockchain WAX
Last updated
Last updated
The WAX model was designed to be extremely energy efficient in an effort to minimize carbon emissions. Using only a fraction of the energy as Ethereum and Bitcoin, WAX uses no more energy per transaction than a regular online purchase — even less if you include shipping-related emissions!
WAX blockchain requires less than .00001% of that energy (1/100,000). If you think about the energy your single household consumes every day, and what would make up 1/50,000th of it you're probably talking about the energy you use if you turn a lightbulb on and off.
The Worldwide Asset eXchange™ (WAX), aka the King of NFTs, is the world’s #1 blockchain, as measured by number of users and transactions, according to Dappradar.com. WAX’s mission is to bring NFTs to the mass market in the safest, most secure, environmentally friendly, and easy-to-use marketplace in the world.
WAX is also the leading entertainment NFT network — in 2018, WAX introduced vIRLs®, giving consumer product companies the ability to directly link NFTs to physical consumer products.
Co-founded in 2017 by William E. Quigley and Jonathan Yantis, WAX has facilitated the trade of more than 100 million digital collectables including Mattel, Hasbro, Major League Baseball (via Topps MLB collectables), Funko Digital POP!, Capcom’s “Street Fighter,” World Series of Poker and world-renowned entertainers Deadmau5 and Weezer.
WAX is also the leading play-to-earn games and entertainment NFT network in the metaverse and is home to many of the leading blockchain games including Alien Worlds, Splinterlands, Farmers World and Farming Tales. For more information, please visit and follow along on Twitter and Discord.