WAX WAXP (Cryptocurrency) Color Changing Mug 11oz

WAX WAXP (Cryptocurrency) WAX, or Worldwide Asset eXchange, is a blockchain platform designed specifically for the trade of digital assets and collectibles. Launched in 2017, it aims to facilitate a more efficient, liquid, and user-friendly marketplace. The native cryptocurrency of the WAX network is referred to as WAXP (WAX Power). WAXP serves a dual purpose: it acts both as a means of exchange within the ecosystem and as a governance token, granting holders voting rights in certain platform decisions. The WAX blockchain employs Delegated Proof of Stake (DPoS) consensus mechanism, which allows for faster transactions and reduced energy consumption compared to other blockchain networks. This makes it an attractive choice for trading digital assets, particularly non-fungible tokens (NFTs). The WAX platform is compatible with popular eBay storefront software, allowing merchants to easily transition into the world of decentralized commerce. This integration helps bridge the gap between traditional online markets and blockchain technology.