Worldwide Asset eXchange(WAX) is the one of the most widely used blockchain ecosystem for NFTs, dApps, and video games globally.
Its mission is to give the safest and most convenient means for anybody, anywhere globally, to produce, buy, sell, and exchange virtual and physical products.
Whether you’re a developer deciding which blockchain to create your decentralized application on, WAX provides the resources you need to increase your earnings while satisfying your clients.
Alien Worlds, AtomicAssets, and Farmers World are among the most popular platforms seen on the WAX blockchain that will be examined in this article.
Alcor Exchange, launched in 2020, is a decentralized exchange that offers zero-fee NFT trading.
It allows platform users to display themselves for free and sell their artwork straight via the portal.
Users may make NFTs by simply entering names, categories, and immutable and changeable data.
Once you create your collectibles, the NFT is awarded ownership, allowing artists to sell or transfer them right away.
The Platform does not accept withdrawals or deposits by credit/debit cards or PayPal. To buy and sell in their marketplace, you must have previously held one of the cryptos offered by Alcor Exchange.
At the time of writing, the total amount of incoming value to dApps smart contracts on Alcor Exchange was over $3.11 million, with over 119.5 thousand transactions.
Don’t be surprised if Alcor shakes up the WAX ecosystem in the future.
AtomicMarket enables developers to create an NFT marketplace utilizing the AtomicAssets NFT standard without knowing anything about smart contracts or blockchain.
Because NFT liquidity is provided across all markets, users may list and purchase whichever one they like.
It allows for the advertising of assets for sale, as well as auctioning them off for others to purchase based on their preferences.
Users may still buy and sell assets from various collections and dapps on the marketplace. You will be charged a commission(2.00 %of the full selling price) when you make a deal with AtomicMarketplace.
From the NFT Creator section on the top menu, Atomic Market allows users to build their own collection of NFTs which enables you to create your collection without paying gas expenses.
3. Farmers World
Farmers World is the first NFT agricultural game, and it is currently accessible on Wax BlockChain.
To join Farmers World, you must first get a WAX wallet, after which you must equip yourself with the required equipment to begin your adventure.
Wood, food, and gold are the three major resources in Farmer’s World, and they are represented by three tokens: FWW (wood), FWF (food), and FWG (gold) (Gold).
Farmers can farm Gold and NFTs in the game by simply mining and playing. Players can sell or buy tokens such as FWF, FWW, and FWG on decentralized marketplaces such as Alcor, a decentralized exchange platform.
On the Wax blockchain, AtomicAssets is a standard for Non Fungible Tokens (NFTs). Anyone can utilize the AtomicAsset standard to tokenize and create digital assets.
The data and ownership of NFTs are stored on the blockchain and are unchangeable. AtomicAssets include Collections, Schemas, Templates, and Assets, all of which serve diverse roles and often cross-reference.
- Collections: They’re also known as dApps, and they’re used to organize assets, schemas, and templates, as well as control rights for them.
- Schema: They define data structures on the platform. They only have a unique name used to refer to them and a vector of FORMATs, each of which is a tuple of a unique name and a type that describes a data structure-property.
- Templates: Their primary goal is to conserve RAM by storing data duplicated in many comparable assets just once.
Any user on the platform can use tokens to back assets. The supported tokens are specified in the supported tokens field of the config.
The tokens will be permanently linked to the asset, and the only way to liberate them is to burn the asset to give it an inherent minimum worth.
A user may submit a trade offer to any other account, proposing to swap some of his assets in exchange for some of the assets of the different account.
If the receiver accepts the offer, the assets are immediately transferred to the other party.
At the time of writing, the total amount of incoming value to dApps smart contracts on Alcor Exchange was over $84.17, with around 419.82K transactions on AtomicAssets.
1. Alien Worlds
Alien Worlds is a P2E NFT metaverse where you can gather and play with one-of-a-kind digital artefacts. It is the only cross-denominated ETH that gets its digital assets from the WAX Blockchain.
Users mine Trillium on numerous planets and rent spacecraft to deploy missions that reward gamers with TLM tokens and rare NFTs.
Users may make money in the game by mining TLM using NFT tools or staking TLM on the Binance Smart Chain in exchange for a large bonus and uncommon NFTs after the staking period.
Alien Worlds is one of the most popular play-to-earn game right now. At the time of writing, Aliens World has over $454K in trade volume, entering a value to dApp’s smart contracts, with over 3.86 million transactions.
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