Topic: [ANN] WAX - Worldwide Asset eXchange by OPSkins - page 15. (Read 15778 times)

Hi! SkinCoin is a literally re skinned bitcoin. It doesn’t actually do anything different. It's a useless coin because it's not adding any value to the ecosystem. The final product has no intelligence baked into it.

The WAX platform is a SMART CONTRACT based decentralized marketplace to facilitate friction free buying and selling of virtual items. 

There are many reasons why WAX is the definitive coin for in-game item trading. For a start, it's built by the team who practically created the whole in-game item trading industry. The WAX team is the same team behind OPSkins Marketplace, which is the #1 digital marketplace in the world. WAX will be the third global marketplace built by the OPSkins team. OPSkins has been accepting bitcoin for more than two years, and after they built their own bitcoin payment processing platform, OPSkins became one of the top five largest e-commerce sites globally for accepting bitcoin. Their millions of customers already like and use cryptocurrency, and will naturally adopt WAX since it will serve as a lower cost and easier settlement method than what they’re accustomed to using on OPSkins. Furthermore, WAX is supported by gaming industry leaders. Notably, Dave Anthony, The Founder of Call of Duty, has publicly voiced his support for WAX.

In addition to an impressive team, WAX has a number of features which will ensure widespread adoption and continued use, derived from expertise and a deep understanding of the market. You can read "What sets WAX apart from other tokens" on Medium for a full overview of these features. 

And how does your coin differ from the already trading coins in the market? SkinCoin. exchange.skincoin.org. It also gets into the game platform and is already traded in skins.

As we've stated previously, the in-game item trading market is already a $50 billion market. The WAX project is founded by the team behind OPSkins, the world's biggest platform for trading in-game items. The team sees a huge potential in this market, but severe hinderances in it due to centralization. Notably, WAX will allow the in-game item trading market to enjoy increased liquidity and will bring out many disjointed sellers out of silos. WAX will spell the end of a whole host of worries and inconveniences, giving fans of virtual items more freedom to trade with anyone anywhere in the world along with the promise of blockchain level safety when buying or selling. These never before possible WAX capabilities will usher in huge group of video gamers who have heretofore limited their item trading to the relatively small community of people they know and trust. More people trading using superior settlement and payment options means a deeper, more transparent and better functioning global market. Making buyers and sellers both economically better off.

Malcolm CasSelle, the President of WAX, recently wrote a post on why WAX needs its own protocol and blockchain. It deals with issues of increased liquidity, simpler microtransactions and better understanding the market in more detail than I can provide here.

no details information?? from the banner this project looks promising. the details information is needed especially the tokensale info.

Hi there. Sot basically wax is going to trade items that can already be traded, you just making a place where all of them can be sold? Why it's going to be popular and is it even needed?

I asked what game developers are you negotiating with while you are talking of the dudes whom i never heard of. I wanted to know and probably so do many other people here with whom have you signed contract with and what games support you now? i mean officialy, so that we could check

Hi! The WAX team is full of industry veterans, and WAX knows it will not be seamless. That said WAX will do an incredible job and have proven so with OPSkins. No other team in the world knows more about or has more experience with virtual trading items than the WAX team. The WAX founders and the team also have been heavily involved in blockchain development and funding since the beginning. The customer experience, once launched, will be smooth and exceptional as is expected of the market leaders.



In the internet you could find the comparison with a few other coins, so I'd like to tell you also some basic differences of that coins with WAX tokens:

How is WAX different from Enjin?
Enjin is a tool set for game publishers to create and manage virtual goods. WAX is decentralized marketplaces to buy and sell virtual goods. WAX powers the secondary marketplace of game items, not game publishers creating items.

How is WAX Different from Unikorn?
Unikorn is a reward system for legal, licensed betting on esports, and events surrounding video gaming. WAX is not involved in betting or gambling.

How is WAX Token different from DMarket?
DMarket relies on direct API integration with game publishers. WAX will not require this. WAX will be designed to provide the power of OPSkins to the broadest possible audience of gamers through decentralized marketplaces.

How is WAX Different from Gameflip?
Gameflip is a tiny business that traffics in stolen game keys.  It is an irrelevant company.  The team has ZERO credibility in the blockchain space. They are building a skinned version of a bitcoin. A useless coin.

I hope it answered your question!

Hi all, 
I'm with you guys.
I think that you have an excellent company.

How much did you already get in the pre-sale?

So, my question is being ignored. Good start, folks. The more I see, the less I'm willing to invest in this ICO.

I would like to know the answer to my first question as well as to this one: why does your platform take so much time for development? You have your OPskins, and WAX is not so different from it, it targets the same audience and have the same functionality. You need like 3 or 4 months to create something like this, not like a year to launch the final product. On the other hand, DMarket platform mentioned by you is growing much faster, they are showing alpha next week already!!! btw, thank you for mentioning this project, don't know how I wasn't aware of it, looks pretty ambitious.

how much supply token of this project?
and I do not see in OP for the roadmap. its better to post in op about that. good luck your project.

It looks like that there is no bounty programs here. That is not a nice news for the bounty hunters.It's not good for publicity.

Excellent review, thank you Ratul!

BTW It'd be very interesting if someone from WAX answered those few points that you mentioned in your review:





I think an additional "yellow paper" would be interesting at this stage of affairs...

    |\___/|
   /          \
  /_.~  ~,_\   - WAX project was listed on FOXICO
       \@/

https://foxico.io/project/worldwideassetexchange

why ico duration is so short
not a hardcap so large requires substantial funds when the duration of short ico and hardcap high

Why not just use an existing token, or bitcoin/litecoin/anything else?



SEC is going to hammer these american companies having ICO's.

What is the total hard cap for the token sale?

I believe in this project!! Are there any signed contracts or negotiations with big companies?

Hello!

What guarantees that this is not a SCAM?

And what guarantees that you will not collect money and do not deceive?