Blockchain

Wax Token $WAXP Analysis | Cloud Wallet + Largest-Ever NFT Drop



WAX blockchain boasts one of the highest smart contract transaction volume of any chain today, with DappRadar reporting around 18 million daily transactions of late, while major brands like Funko, Mattel, AMC, and Sony Pictures have tapped the platform for NFT drops. WAX also recently surpassed the milestone of 10 million total wallets accounts on the platform (now up to 11 million), and will celebrate by airdropping a total of 10 million free NFT collectibles to those wallets. It’s the largest single NFT drop to date.

WAX features a WAXP-to-Ethereum (ETH) bridge that allows WAXP token holders to convert their tokens into WAXE, which is an Ethereum-based ERC20 utility token. Users willing to participate in WAX tokenomics need to burn their WAXP tokens in order to get WAXE through the Ethereum bridge.

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#NFT #Altcoins #WAXP
~Wax Token $WAXP Analysis | Cloud Wallet + Largest-Ever NFT Drop~
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