WAX is the most utilized blockchain in the world and the number one Metaverse Blockchain for Gaming and NFTs
Partnership
The Worldwide Asset eXchange (WAX) announced today 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.
While the exact number of tokens is undisclosed, the investment represents an important vote of confidence by one of the biggest funds in the crypto space. OKEx Blockdream Ventures investments in Republic, Kine, DeversiFi, and PLASM, have helped them become major players in the ecosystem.
With the total market capitalization of the global NFT market surpassing $43 billion, NFTs have become one of the biggest drivers behind blockchain and crypto adoption over the past months. WAX is now aiming to continue supporting this adoption by providing an alternative network specifically designed for the needs of NFT enthusiasts, a mission that partnerships like the one with OKEx Blockdream Venture are likely to help accomplish.
Quotes
“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.
”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.”
