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WAX blockchain has become the #2 mainnet/layer-1 blockchain in daily NFT sales volume, behind only Ethereum.

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As of today, Worldwide Asset eXchange (WAX) Blockchain has become the #2 mainnet/layer-1 blockchain in daily and 30-day NFT sales volume. This surge was driven by increased game activity resulting in a tenfold increase in daily NFT sales volume since the end of September. NFT collections used for games now account for approximately 90% of the top 50 NFT collections on WAX in daily sales volume.

William E. Quigley, co-founder of WAX said:

“With its high proven in real world operation transaction volume capacity, unique fee structure of no minting and gifting transaction fees, and energy efficient and low carbon footprint, it is the ideal blockchain for games that are looking to incorporate elements such as play-and-earn monetization at scale.”

Processing 4-times more than any other blockchain, and 5-times more than Ethereum’s current theoretical limit, WAX is the most utilized blockchain in the world. Clearing more than 15 million transactions daily, it is the most used blockchain for games and processes approximately three-quarters of all daily game related transactions across all blockchains. Despite the large amount of activity, WAX remains one of the most eco-friendly blockchains, consuming only .000223 terawatts of electricity and producing only 110 tons of carbon per year (equivalent to approximately only 1.5 American households). WAX was also the first certified carbon neutral blockchain.

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