What Can An NFT Be?

by Fred | Mar 26, 2022 | Blog

I. Introduction NFTs (Non-Fungible Tokens) come in all shapes and sizes on different blockchains. Each one is unique and some may involve different levels of embedded options. Check out our previous article if you’re still asking: ‘What is an NFT?’ The Worldwide Asset...

What is WAX Tokenomics?

by Fred | Mar 18, 2022 | Blog

I. Introduction 1. Definition WAX Tokenomics is the monetization of the WAX blockchain through the use of WAX tokens. Image by twitter.com/smith_into The word ‘tokenomics’ itself is a mashup of ‘token’ and ‘economics’. Classical economists from Adam Smith through to...

What are WAX Tokens and What Do They Do?

by Fred | Mar 12, 2022 | Blog

I. What is a WAX Token?  WWAX tokens are an integral part of the WAX Protocol. They include $WAXP, $WAXE and $WAXG. Confusingly, the terms ‘coin’ and ‘token’ are often mixed up. This is because all coins are tokens but not all tokens are coins. Coins are loosely...

What is WAX Governance?

by Fred | Mar 4, 2022 | Blog

I. What is Governance? Governance is how organizations operate, make decisions, and hold themselves to account.  The basic elements are ethics, compliance, risk management, and financial probity. Good governance is when the best outcomes are achieved at minimum...