Not long that WAX unveiled an Explorer and beta Blockchain, daily activity on the blockchain has heightened to 4,139,658 with a weekly transaction record of 4,254,748 despite having a market cap of $0.077 B.
Wax has 33.1% of daily transaction while EOS, BTS, STEEM, and BTC has 28.5%, 16.6%, 7.3%, and 5.3% respectively.
In its bid to be the safest and most convenient platform to create, buy, sell, and trade virtual items to anyone, anywhere in the world, WAX unveiled beta Blockchain Platform and Explorer platform.
The beta WAX Blockchain processes tens of millions of transactions and around 7,200 blocks per hour on average and has not recorded any major problem.
The explorer in another sense, provides a detailed record of all transaction occurring on the beta WAX Blockchain. It is easy for enthusiasts to check the transaction hashes, check the visual representation of all items traded, and gives user the advantage to search for their items with the “Find My Items” page or the “All Activities” page.
At the moment, most transactions are VGO Skins being the maiden project to use the alpha and then the beta WAX Blockchain for all trading.
More WAX Development.
Being a variant of the EOS blockchain, WAX is developing a marketplace platform that has the potential to withstand any form of transaction pressures of high-volume e-commerce system.
At the moment, the WAX Random Number Generator (RNG), an innovation meant for providing blockchain item genesis services to WAX NFTs, has been unveiled in June.
Also, WAX.io was relaunched last month and the translation of the site into English, Chinese, Korean, Japanese, and Russian with German are underway.
The WAX Game Integration API also went live mid last month. The innovation makes it simple for video games to put their in-game items on WAX ExpressTrade.
More so, Status.WAX.io, which notifies users of WAX sites in case there is any maintenance, also went live.
WAX Cooking State of The Art Innovations
WAX Stickers, a development of WAX platform is being designed and may be launched any moment from now.
In the same vein, the WAX AllAccess is about to be launched. It is a simple, secure, and convenient means of login to any platform that support it, just by putting in your username and password. The WAX Keyboard, Mobile App, Marketplace among other things are still being cooked.