For those who are unfamiliar with WAX, the name stands for Worldwide Asset eXchange. It is a platform and a token designed to let anyone in the world create a marketplace for digital assets of their choosing. This project was created by the OPSkins team, which gives it a bit more credibility than one might otherwise assume. OPSkins is the world’s leading virtual item marketplace at present. WAX will allow different types of digital assets to be traded, including video game virtual items.