WAX
WAXP
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
Whale Pulse
Large transaction flow (>$10k)
No whale transactions >$10k detected recently for WAXP.
AI Analysis
Comprehensive evaluation of the token
WAXP distinguishes itself as a highly specialized, enterprise-grade Layer-1 blockchain dominating the gaming and NFT niche. Its strongest asset is its Team and Governance (9/10), led by industry veterans from Tether and OPSkins who have implemented a unique Office of Inspector General (OIG) to enforce high standards among block producers. This governance structure supports a user-friendly ecosystem characterized by the WAX Cloud Wallet and zero-fee transactions, solving critical onboarding friction and driving massive daily activity (200k+ UAW). The network boasts robust partnerships (Amazon, Sony) and a clean security record with no major protocol exploits. However, the evaluation is tempered by Tokenomics (6.8/10); despite a shift toward a deflationary 'PowerUp' model, wealth concentration remains high with the top 10 wallets holding over 50% of the supply. Additionally, development and GitHub metrics suggest a more centralized, internal innovation model compared to broader open-source communities. Overall, WAXP is a proven, high-utility product that prioritizes performance and usability over strict decentralization.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About WAX (WAXP)
WAX (WAXP)
WAX (Worldwide Asset eXchange) is a decentralized, energy-efficient blockchain protocol designed for the creation, trading and management of digital assets and NFTs. Powered by a Delegated Proof of Stake (DPoS) consensus, the WAX network enables fast, low-cost transactions and on-chain governance.
Key Features
- Token Name: WAX
- Symbol: WAXP
- Consensus: Delegated Proof of Stake (DPoS)
- Use Cases: NFT minting & trading, digital collectibles, in-game assets, decentralized marketplaces
- Ecosystem: WAX Wallet, staking & governance tools, dApp integrations, cross-chain bridges
Why WAX?
WAX is optimized for digital ownership and peer-to-peer value exchange in Web3 environments. Its modular architecture, backed by the Graphene framework, ensures high throughput and environmentally friendly operations. Active developer support and a vibrant marketplace ecosystem make WAX a leading platform for NFT projects and blockchain games.
Learn more: Visit the official WAX website or explore WAX-powered dApps to discover how WAXP token fuels decentralized digital asset experiences.