WAX (Worldwide Asset Exchange) is an ERC-20 token on the Ethereum Blockchain that will be used for buying, selling, and trading digital goods, or even opening up your very own digital marketplace.
They were created by the founders of OPSkins, which happens to be the current biggest marketplace for digital gaming items. OPSkins is more than 10 times larger than their second competitor, which means they have a pretty tight hold on the digital items marketplace.
With the upcoming rise of VR(virtual reality), I expect to see both OPSkins and WAX to flourish as more and more people join the digital realm and as VR worlds, gaming, and markets grow and evolve.
The chokehold that OPSkins and soon WAX will have on the digital item marketplace is so substantial that there is essentially a 0 chance that either one of these companies fail.
WAX had over a 130 percent gain today, reaching back to the $2.50 mark and a $1.2 billion+ market cap. They were recently added to Blockfolio, Tidex, the Bancor Network, and EtherDelta. Houbi is a major exchange that they are on now, but I would expect to see them on Binance/Bittrex/Poloniex soon, because it is certainly a utility token!
Owning over 19,000 tokens has me extremely excited for the future, and I would recommend looking into getting into this coin ASAP before they really go to the moon!
To the moon,
@bwells