Wax is a blockchain based decentralized gaming platform and an ERC-20 token, allowing for peer-to-peer trading of inter-game goods such as skins and various other gaming accessories. The aim of the platform is to decentralize gaming exchanges while enabling the users to buy and sell goods using a global token. The platform allows for trading other kinds of digital assets, making any asset that can be tokenized able to benefit from Wax. The platform functions by enabling buyers to select their item and make payment in WAX tokens while remaining on the platform they are viewing the items for sale on. It is built on Ethereum and takes major use by using the smart contract features for their exchange of goods.
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