WAX(WAXP)

With two consecutive taxes ready to eat away at their holdings, most Indian investors have seemed to have opted for hibernation amid an unforgiving bear market.

A recently released game called MiningNetwork has been topping the charts, becoming one of the most popular Metaverse NFT games in cryptocurrency. According to data from DappRadar, MiningNetwork reached over 437k users in the past week, surpassing games like Alien Worlds and Farmers World. Let’s look at MiningNetwork in more detail and see why so […] The post MiningNetwork Review – Most Popular Play-to-Earn NFT Game on WAX appeared first on NullTX.

Cryptocurrencies have been hailed as the future. Decentralised Finance (DeFi) is providing greater transparency and security for users all over the world. However, there is an inconvenient truth that faces the industry: its environmental impact. Bitcoin is estimated to use 136.38 terawatt-hours of electricity annually, more than Argentina or the United Arab Emirates, with each transaction using as much power as an average American household over 73.52 days. Alongside this, the second-biggest cryptocurrency, Ethereum consumes more power than the Philippines or Belgium. Several cryptocurrencies have reacted to the environmental threat being posed by their industry and formed their version of the Paris Accord, the Crypto Climate Accord. By 2025 they aim to use fully renewable energy and, by 2030, to have net-zero emissions. Wax (WAXP), a certified carbon-neutral blockchain, and the newly launched Mushe Token (XMU) are taking their commitment to sustainability seriously too, leading the industry when it comes to environmental responsibility. Mushe Token - The Eco-Friendly Cryptocurrency Launching in July and with the pre-sale starting in April, the new cryptocurrency, Mushe token (XMU) is predicted to make waves with its lower entry costs, focus on crypto-education and general ease of use. The creators of XMU have focused not only on accessibility and the user experience but have also already made an important environmental commitment. Leaving high-power Ethereum-esk consumption proof of work mining behind, the new XMU will consume far less energy than tokens like Bitcoin and will also incentivise the development of eco-friendly technologies. Mushe Token focuses on wellbeing and will encourage Environmental, Social, and Governance (ESG) initiatives, through a reward system. 1% of Mushe’s total assets have already been allocated to charitable causes with eco-friendly agendas, such as preventing world hunger, whilst Constellation, its blockchain provider, also has a long-term commitment to using 100% renewable energy. Wax - The Carbon Neutral Crypto Wax has taken centre-stage in the DeFi world with its alternative to the Ethereum-based NFT marketplaces. It is estimated that selling NFTs with WAXP rather than Ethereum has already saved four million tons of carbon dioxide from being released into the atmosphere. This would take 88.9 million tree seedlings ten years to counter. At a time when blockchains seem to be sending us back to the coal age, Wax is a breath of fresh air. Just like Mushe, it refuses to work with proof of work mining, where powerful computers fight to solve complex equations and be rewarded with tokens. Instead, it focuses on a proof of stake system. With this system, users offer WAXP as collateral so their machines can verify blocks. “Validators” are then randomly selected to mine. This eliminates the competition and significantly reduces the environmental cost. While there are concerns over the future role of cryptocurrencies, given the environmental impact many have, ambitious companies are looking to pave the way to a more responsible form of crypto. DeFi is the future, and with the Crypto Climate Accord and groundbreaking companies such as Mushe and Wax, there is hope that the future can be more sustainable too. Find Out More Here: Official Website: https://www.mushe.world/ Presale Registration : https://portal.mushe.world/sign-up Telegram: https://t.me/MusheWorldXMU Twitter: https://twitter.com/Mushe_World Instagram: https://www.instagram.com/mushe_world/ Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice

EOS, Telos, WAX, and UX Network announced a coalition to rebrand the EOSIO technology stack while adding new features with respect to security and core code development.

Wax Studios says its new P2E game is more secure than Axie Infinity issues and hopes to best it on cost of entry, too.

The bitcoiner instrumental to El Salvador’s announcement at last year’s conference waxed philosophical on Bitcoin’s role as a payments network.

ArtMeta is a visionary, photo-realistic metaverse and society created by the world's leading artists. The company provides digital display solutions for top galleries to showcase their collections, free from the physical world's limitations. This is achieved by inviting collectors and visitors to participate in an immersive fine art experience. ArtMeta launched its first IDO in December 2021, the digital development of the island began in 2019, but the island itself is a work of art that has been 11 years in the making. Each element within the island has a purpose, meaning, and story, visually, it’s a perfect mix of Soho, Art Basel, and the Venice Biennale. ArtMeta connects premier galleries and their artists with collectors in a visionary, beautifully rendered digital universe, providing a new paradigm for displaying and selling verified and authenticated fine art. What ArtMeta Offers The comprehensive platform is designed to give artists and galleries the tools to participate in the thriving NFT market. Through those tools, Artmeta aims to unite the world of fine art with the crypto world, creating a viable digital economy to support them in perpetuity. ArtMeta, brings verified world-class fine art to the crypto market, working with top-tier galleries and their artists to provide the best and most engaging digital experience and offer only verified quality NFTs to digital art buyers. ArtMeta's $MART token will be used as a medium of exchange within the metaverse through the Polygon blockchain. Uniqueness of ArtMeta It is a digital world and society built by the world's best contemporary artists - from their perspective. ArtMeta will provide tier 1 galleries with the tools to work with their artists to create their own unique and immersive spaces - presenting art in a new way, outside the bounds of standard gallery white walls. Visitors will be able to get inside the minds of the world's leading artists, discover new possibilities, and become part of a new digital society. With ArtMeta's pixel streaming capabilities, users will be able to experience a high-end photo-realistic metaverse without needing a high-end gaming PC or graphics card. ArtMeta will also provide galleries with tools to tokenize physical artworks, transfer ownership rights, 3D scanning, and archival of unique artworks. The firm has developed a business model to onboard Tier 1 galleries and digitize artists' work, then charge galleries a rent fee for space within the metaverse, and gain a commission on NFT sales and secondary sales. Market Opportunities Metaverses are very hyped right now. This hits the narrative of the NFT hype as well. Facebook/Meta, Sothebys, Decentraland are seeing colossal traction. NFT marketplaces as well as Crypto based companies are buying land in Sandbox (Opensea, Nifty Gateway, Known Origin, Binance, Wax). Many new/upcoming metaverses have the primary focus of selling NFT art, for example, Polka City or Wilder World. ArtMeta has successfully overshadowed its competitors, as they do not provide a tech/digital solution to galleries and artists who want to participate in the growing NFT space. ArtMeta will be a leader in bringing the highest quality art to the digital space. The team is passionate about bringing the world's best art to the entire world - making it free, accessible, borderless. ArtMeta invites visitors to experience culture, expand their minds, to learn, grow and discover new possibilities and perspectives. Other articles about ArtMeta have also been published on CryptoNewsFlash, ambcrypto, Cointelegraph, Cryptoslate, Benzinga, Cryptonews, Newsbtc, Hackernoon, Yahoo, Marketwatch with a social following of 17.3K on Twitter, 8K on Telegram, and 8K on Discord, among others. Wrapping Up ArtMeta is a premium, high-quality Metaverse focused on fine art and connecting world-class art galleries and artists directly to their collectors. The company provides artists and galleries with digitizing tools of the highest quality and gives confidence to NFT buyers, art collectors, and digital investors through authentication for artworks bought and sold through ArtMeta. For more information about ArtMeta, visit https://www.artmeta.io and follow this project across their social platforms: TWITTER, DISCORD, TELEGRAM, FACEBOOK, INSTAGRAM, LINKEDIN, MEDIUM Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

DAO Labs has recently announced its plan to launch Social Mining V2 to the cryptocurrency market. They feel Venture Capitalists benefit more than loyal community members. Stating that creating the actual value has become secondary. DAO Labs Statement Dao Labs is on a mission to create jobs by building a new generation of labor and allow everyone, no matter their status, an opportunity to become stakeholders with their individual share defined by the quality of effort and time spent forming the DAO. Social Mining will leverage a network of contributors bringing in their diverse skill sets. The team brings advocates for fair distribution of value to lift those up who find themselves at the bottom of the pit, those who are involved in manual contributions in making things happen but only get a small fraction compared to the Venture Capitalist. DAO Labs believes that the users in the trenches that add more value should receive bigger dividends. The narrative is that unfair treatment of users working hard on creating value alienates individuals with the potential to build good projects. DAO Labs strives to stimulate the rejuvenation and growth in the cryptocurrency industry through Social Mining V2. To this end, DAO Labs has proposed the following: An Initial Labour Offering DAO Labs will place users first in line for rewards for their loyalty to the project, time spent working on it, and the points they earned through Social Mining. These factors will influence future payments and token distribution. By implementing and constantly improving data-driven and time-tested metrics, the system effectively records time allocated to projects and interaction with the platform to decide payments. Value To Equal Rewards The more users engage in completing different tasks, the better the terms they get. The terms will be recorded in a RAFT, a Reserve Agreement for Future Token. So people will be able to leverage their abilities and plan their interactions on the platform. Rights to future payouts will be ordered according to time spent on the platform and points earned. Community Structure And Outlook Good cryptocurrency projects will always raise funds easily, said DAO Labs in their statement. They believe layer 2 projects, on average, do not need more than $1 million to run. However, there is now a proliferation of projects with no value, standing at around $100 million valuations. DAO Labs has had enough of corporate investors reaping all the dividends. They aim at building a structure backed by a strong community where the individual contributors will play a role in every facet, including marketing and development. Many known coins fronting a strong market cap support the Social Mining initiative. The most notable of these coins is Avalanche’s Social Mining. DAO Labs will oversee Social Mining with its team of experts who have worked on DAO Maker, NEM, QTUM, CELO, and other notable projects. DAO Labs has set many objectives for the first quarter of 2022. Notable milestones include DAO Labs Social Mining, QTUM Social Mining, and WAX Social Mining. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

“We believe strongly that there will be some element of play-to-earn or play-and-earn in most games within the next few years,” said WAX executive Michael Rubinelli.

Ancient Egypt is undoubtedly a historical hotspot for anyone who’s ever been interested in our collective past. The Egyptians were the first to successfully develop their language into a codified form of writing. They also mixed vegetable gum, soot, and bee wax to create black ink – something that we take for granted in our […]

It can be a daunting prospect when you realise that every year the world is rapidly changing around you. Humans are creatures of habit; we often dislike change. However, entering the world of cryptocurrencies now would be a smart move. There are over 300 million crypto users in the world right now, with the prediction that this number will keep rising. If you are thinking of opening a crypto wallet, there are a few coins you should add to your watchlist. FIREPIN (FRPN) The FIREPIN Token (FRPN) is another cryptocurrency to add to your watchlist. This currency is founded on the ideals of the metaverse and interoperability. By combining the ecosystems of Binance's Smart Chain (BSC), Ethereum (ETH), Polygon (MATIC), Avalanche (AVAX), and Solana (SOL), FIREPIN Token (FRPN) aspires to create a multi-bridge DeFi and NFT marketplace. The overall goal of the FIREPIN (FRPN) project is to build a community-driven DAO (Decentralised Autonomous Organisation) platform that incorporates the metaverse. The plan is to work with a game firm to develop a Staking Platform based on Farming Utility. This will act as a reserve for Metaverse advancement initiatives in the future. The entire project will be maintained, and a dependable treasury with multi-chain connectivity will be maintained for a better user experience. FIREPIN (FRPN) presale has already begun phase one but not to worry; you still have over a month to capitalise on this opportunity and participate in their presale. WAX (WAXP) WAX stands for Worldwide Asset exchange and is a blockchain designed exclusively for exchanging virtual effects in video games and virtual worlds, such as rare and collectable items. The WAX blockchain is a decentralised marketplace and platform that specialises in video games and virtual valuables. Players may genuinely own their virtual assets and exchange them with anybody on the WAX platform rather than relying on a centralised video game provider or network. Holders of virtual goods can also be aware that the products are provably uncommon and cannot be generated at the discretion of the game creator. Some might be thinking, why should I add this coin to my watchlist? Well, WAXP is forecasting that their coin value might hit new highs and hit the lowest price level of $2. Analysts are predicting that WAX could hit a high of $5.9 by the end of 2030. Theta Network (THETA) Another coin to look out for is Theta Network (THETA). According to their website, THETA is the next generation blockchain for media and entertainment. THETA is a blockchain-based decentralised video distribution network. It was designed with video streaming in mind. Theta Network (THETA) is made up of two parts: ● The first is a video presentation.● The second half is a THETA on the blockchain. It encourages people to connect to the delivery network. Theta is a worldwide effort that will help any country that uses the internet to distribute video. One of the reasons that the Theta Network was founded was to enable them to offer better video feeds to their 3rd-world user base. This innovative idea has the potential to improve global video quality while simultaneously empowering consumers by allowing them to earn tokens, earn money, and better participate with their favourite video channels. With the demand for new technologies growing, these cryptos seem to be the ones to invest in this 2022. Join Presale: https://presale.firepin.io/login Website: https://firepin.io/ Twitter: https://twitter.com/FIREPIN_io TikTok: https://www.tiktok.com/@firepin.io Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice

The world of play-to-earn (P2E) gaming has been exploding across the blockchain, with NFTs playing a central role in their ecosystems. The recent Metaverse play-to-earn trend is why (along with an innovative game and NFT development strategy) the WAX Studios’ (the creative arm of the WAX Blockchain) soon-to-launch Blockchain Brawlers P2E game has seen its […] The post Wrestling Icon “Nature Boy” Ric Flair Joins Blockchain Brawlers on the WAX Blockchain appeared first on NullTX.

On Nov. 7, Farmers World had a coin theft incident. It may be that the game "plug-in" script changes the user's pledge address, resulting in the user's inability to obtain ram resources. Farmers World is a major game on the WAX chain, causing over 100 million RMB losses for players. This was the largest attack on the WAX ecosystem since the chain, which is focused on GameFi and NFT projects, launched in June, 2019. However, where other chains have lost significant trust and user numbers after attacks on their flagship projects, WAX remained among the top 3 GameFi blockchains by users, behind Hive and BSC. Its distinct advantages and extremely strong ecosystem mean that WAX isn’t likely to be going anywhere, at least during this GameFi and Metaverse cycle. In this article, we will take a look at what sets this chain apart. Top 5 Number of GameFi Users Cross-chain WAX for GameFi and NFT WAX is a blockchain focused on gaming and digital collections. The mainnet went live in June 2019 and is based on an EOS adaptation that inherits the Delegated Proof of Stake (DPoS) consensus mechanism. So, it is naturally equipped with high capabilities and low gas fees. To grow its NFT ecosystem, WAX has actively collaborated with gaming companies, artists and movie franchises to create and distribute NFTs, including Topps, Capcom, Deadmau5, Weezer, and SAW, making it the leading entertainment NFT ecosystem. In terms of games, WAX’s stable base layer has enabled dozens of projects to flourish, including Farmers World, Splinterlands, Alien Worlds, and Farming Tales. Advantages of WAX • Compared to the BSC, WAX not only supports high frequency transactions, but can process up to 8,000 transactions per second for fast processing. • When sending and minting NFTs, transactions are essentially instant and free. • The WAX marketplace is huge and uses simple trading tools to give players access to a global marketplace, allowing traders to build their own virtual stores on one decentralized platform. These advantages have attracted a large number of game developers and users. Token WAXP Users can use WAXP, WAX’s token, to: • Stake. When WAXP is staked, it increases the scarcity of the token, (as it's set aside and stored until a user reclaims it.) • Vote. WAX users that stake tokens also earn the right to vote for block producers and earn voting rewards. • Buy NFTs. WAXP can be used to purchase NFTs via the largest NFT ecosystem of any blockchain, including more than 60 million NFT assets from more than 30,000 DApps and NFT projects. According to Footprint Analytics, the price of WAXP was $0.40 as of Jan. 13, following a 2-month increase due to the explosion of the WAX games. Its record high was $0.94 on Nov. 17, when an IDO event announced by Farmer's World caused a player frenzy. Token Price Trend of WAXP WAX's market cap also grew to an ATH of $1.7 billion in November, 2021. Token Market Cap Trend of META However, over the past 2 months, the token price and market value of WAX has been declining due to the following reasons. • The game Farmers World on WAX did not launch its IDO as announced in November, thus reducing user confidence in the Farmers World game. • At the beginning of November, many users gave feedback that WAX wallet creation was frequently blocked due to exceeding maximum rate and is prohibited from registering. • The price is determined by the market. When WXAP skyrockets, player material prices are rolled back. When the price of materials is lower and the gap is smaller, new players get more revenue. WAX's Gaming Ecosystem There are currently 52 DApps in the WAX ecosystem. From the top 10 game projects, the largest transaction volume on the WAX as of Jan. 13 is Farming Tales ($15.98 million), followed by Farming World ($15.24 million), and PROSPECTORS in third place with $13.54. Top 10 Game Protocols Trading Volume 2 of WAX’s Most Notable Games • Farming Tales A farm management game, Farming Tales has been on WAX for about 3 months, and has combined NFTs with the offline real economy. Players can choose to farm resources or own the actual rights to various plants, trees, and even a few honey producing bees. For example owning a hive will produce real honey that you can choose to take ownership of. Players can also choose to have the products sold on the market and receive Wax in return. • PROSPECTORS PROSPECTORS is a massive multiplayer online real-time economic strategy game based on WAX and EOS blockchain. The game is set in the 19th century Wild West, with a map showing land tiles and above-ground resources like wood and stone. There are also resources hidden underground which must be sought out, like coal, clay and gold. Players have the opportunities to acquire digital gold by discovering new lands and finding resources. Summary WAX’s rich ecosystem has allowed it to remain at the forefront of GameFi and digital collectibles, providing a large user base for its emerging games. In addition, WAX engages chain game developers with the high throughput needed to support games, using simple tools to bring players into the global marketplace. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

With the recent crypto crash and the bear market this month, many Metaverse crypto coins are on a fire sale right now. That’s why we decided to compile a list of our top 5 favorite Metaverse crypto coins below $1 to buy in January 2022, ordered by unit price, lowest to highest. WAX (WAXP) – […] The post Top 5 Metaverse Crypto Coins Below $1 To Buy in January 2022 appeared first on NullTX.

FLUF World and Snoop Dogg give back to Auckland charity, Adidas Originals and Prada call on fans to contribute to NFT project, UNICEF celebrates 75 years with an NFT collection and WAX to carry out largest NFT airdrop.

The WAX blockchain is one of the most popular platforms for Metaverse crypto coins. It features the most popular NFT game in crypto – Alien Worlds – and WAX’s blockchain design makes it easy to host applications that require a high amount of transactions. This article looks at the top five most popular Metaverse crypto […] The post Top 5 Most Popular Metaverse Crypto Coins Built on WAX (January 2022) appeared first on NullTX.

On January 20th, 2022, an ultra-rare Street Fighter Classic NFT collection is coming to WAX. The series will include 1,000 packs costing the equivalent of $100 in WAXP tokens. The packs will contain a total of 121 cards with eight different rarities. Collectors have the following chance of receiving rare cards: Common: 26% – 32% […] The post Street Fighter Classic NFTs Coming to WAX on January 20th appeared first on NullTX.

As 2021 is coming to an end, 2022 will undoubtedly be a significant year for crypto Metaverse coins and games. WAX is a blockchain made specifically for crypto gaming, making it a perfect fit for most Metaverse coins. This article looks at the top five Metaverse coins on the WAX blockchain that have great potential […] The post Top 5 Most Popular Crypto Metaverse Coins on the WAX Blockchain appeared first on NullTX.

Metaverse crypto games are decentralized applications on the blockchain and are currently the big hype in crypto. Several blockchains support Metaverse crypto games, including Ethereum, Binance Smart Chain, Solana, IoTeX, WAX, and more. This article looks at three underrated Metaverse crypto games built on the WAX blockchain. Krypton Krypton describes itself as the world’s first […] The post 3 Underrated Metaverse Crypto Games on the WAX Blockchain appeared first on NullTX.

Metaverse coins continue to be one of the most popular categories for cryptocurrencies. The Sandbox, Decentraland, and WAX are currently the top three most traded Metaverse coins on the market, each surpassing over $1 billion traded in the past 24 hours. This article takes a closer look at SAND, MANA, and WAXP and sees why […] The post These 3 Metaverse Coins Have a 24-Hour Trading Volume of Over $1 Billion appeared first on NullTX.

After last week’s correction, Metaverse coins continue to dominate the markets as cryptocurrencies begin their recovery. According to Crypto.com, today, we’ve seen a 3.26% rise in market capitalization for Metaverse coins, with WAX, WEMIX, and Mines of Dalarnia topping the charts by percent increase. Let’s look at these cryptos and see why the price is […] The post These 3 Metaverse Coins Gained Over 20% Today (Mines of Dalarnia, WEMIX, WAX) appeared first on NullTX.

A slew of new NFT-related partnerships and integrations with DeFi platforms sparked a rally in XTZ, WAXP and ALEPH.

US theatre chain AMC Theatres has announced that it will offer limited edition NFTs to the first 86,000 individuals who purchase an advance ticket for an opening day showing of the movie “Spider-Man: No Way Home.” AMC’s First NFT Campaign The advance booking for the movie starts on November 29 and promises an exclusive reward for certain individuals. Members of the AMC Stubs Premiere & A-List and AMC Investor Connect, who purchase an advanced ticket for the premiere, will receive a limited-edition Spider-Man NFT as a part of the joint promotion deal between AMC Entertainment and Sony Pictures. According to AMC, over 100 NFT designs have been developed in partnership with Cub Studios. With more and more entertainment brands swooping into the NFT market, this will be the first instance of a major theatrical exhibitor launching such a campaign. Spider-Man NFTs For Early Birds Customers who qualify for an NFT will be notified via email on December 22 with instructions on how to redeem it. March 1, 2022, is the last date of redeeming the tokens. As purely digital assets, the ownership of these NFTs will be recorded on a blockchain. Further information reveals that they will be redeemable on a dedicated carbon-neutral site run by WAX. The ultra-low carbon footprint of the blockchain at the core of the site ensures that the assets have minimal impact on the environment. Adam Aron, Chairman of the Board and CEO of AMC, commented on the offer, “Our AMC Theatres guests and our AMC Entertainment shareholders have been calling for AMC to get into the world of NFTs, and we couldn’t imagine a more perfect way to start doing so than with our good friends at Sony Pictures. This is especially the case in that SPIDER-MAN: NO WAY HOME is one of if not the most anticipated movie of 2021, and the incredibly talented artists at Cub Studios are creating more than 100 unique NFTs giving appropriate respect to this most recent incarnation of the timeless and ever so popular Spider-Man franchise.” AMC And Cryptocurrencies AMC has dabbled in digital assets and cryptocurrencies before. The theatre chain was already accepting several cryptocurrencies like Bitcoin and Dogecoin. Earlier in November, the entertainment conglomerate announced that it is considering adding Shiba Inu to its list of acceptable cryptocurrencies. Additionally, it has even expressed the intention of creating its own cryptocurrency. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Blockchain games, NFT creators and major corporations are looking to acquire space in the Metaverse. Here’s how the growing sector is impacting SAND, MANA, GALA and WAXP price.