The Worldwide Asset eXchange (WAX) announced that OKEx Blockdream Ventures are placing a bet on the WAX Blockchain Ecosystem, purchasing a significant position in WAXP tokens with the exact token quantity undisclosed.
WAX is the most utilized blockchain in the world and the #1 Metaverse Blockchain for Gaming and NFTs, processing 15 million transactions daily including two-thirds of all game related transactions with over 450,000 daily users. The platform is also the #2 Layer-1 blockchain behind only Ethereum in 30 day NFT sales volume.
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“WAXP has an edge in GameFi, enabling a friendly environment for game developers. They also have high performance and low fees with a huge player base, where native games like Alien Worlds & Farmers World have 350k daily active users. The catalyst is the creative content and virtual items staked by KOLs and loyal audiences in Metaverse DAO by publisher and community,” says Dora Yue, Founder of OKEx Blockdream Ventures.
The global NFT market has a market capitalization of $ 43.08 billion, according to Wette data, with NFT sales (ERC-721 & ERC-1155) over $ 26.9 billion so far, according to Chainalysis. OKEx Blockdream Ventures witnessed the active participants in NFT by the mainstream, such as social media NFT integration (Twitter & Reddit), music, culture, art, gaming, sports, clothing, and even consumer markets; over 1.8 million gamers are swarming in this new era.”
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“As a provider of GameFi and NFT infrastructure, WAXP stands out in 3 ways, including:
- Competitive GameFi & NFT projects
- Closed-loop incentives for all participants
- Canny Tactics for sustainable growth”
”Additionally, the WAX team has a great strategy for future expansion and are dedicated to producing valuable virtual and creative items which will be traded safely on a decentralized platform,” said Dora. “They are a seasoned team designing products for enormous demand. Alongside WAX, OKEx Blockdream Ventures will attract others into this NFT realm. ”
“We are excited that OKEx Blockdream Ventures has chosen to back the WAX ecosystem,” says William Quigley, Co-Founder of WAX. “We look forward to a long term partnership to make the WAX blockchain and all of its top performing metaverse, game and NFT projects available to a broader audience.”
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