Top Tweets for #askWax
@WilliamEQuigley Thanks for the reply and great format.. can you explain the nature of the wax and animoca brands relationship? Seems they are doing many things that wax can assist with as it pertains to NFT’s.. #askwax
Lots of great questions folks. Thank you for participating in this AMA. I tried to type fast but wow couldn't answer everything being asked. I will check back in a few hours and see what other questions I can answer. Please also let us know if this format works. #askwax
Yes there are LOTS of pieces needed to become a COMPLETE solution in blockchain. We are still in the early days here. I mean WAX Cloud Wallet is an innovation about simply creating a blockchain account and trading a item. We are building lots more and WPS will help. #askwax
@WilliamEQuigley This was only supposed to be one piece of the puzzle. What happen t payment, collateral, etc.?
Still coming?
#askwax
Come on! When Tesla? Nope. #askwax
It is not on the near term roadmap. Lots of things have to be solved (like fraud management) to make fiat payments work for crypto. We also are really focused on fully decentralized solutions right now. Fiat is definitely not decentralized! #askwax
Do you still plan to bring a payment gateway as a microservice?
#askwax
I am no longer involved in Tether. Brock, Yantis and me did Tether as a gift to the crypto community. We came up with the stablecoin concept and got it live. And proved how valuable it was for crypto traders. After that we moved on to bigger and better things. #Askwax
https://t.co/VtFqCMu1pW The GBM Program lets WAX holders earn rewards for their participation in the selection of guilds and (coming soon) improvement proposals. They're not dividends, they're incentives to vote and ultimately help improve the quality of the chain. #askwax
https://t.co/AExyBPtfAA
It's fair experimentation on the blockchain and tokenomics. We want to take an open-eyes approach, and will adapt if necessary to this kind of stress test #AskWAX
https://t.co/EQ5s7Z2f8w
You can store NFTs in your WAX Cloud Wallet right now but they're not displayed. We expect the NFT display to be live by the end of January. #AskWAX
Ok so as DPoS blockchain, the WAX token is essential for securing blockchain system resources. This is a big difference between PoW and DPoS. So literally you need WAX tokens to use the WAX blockchain. We are currently focused on driving adoption and usage. #askwax
What usage will the new WAX token have?
#askwax
There's another Staking Rewards program that we have plans but haven't released/announced yet. That is for the other 1%. #Askwax
In the coming months we'll be further decentralizing the WAX Service Layer so expect to see updates on that. We have several more notable partners to announce as well. #askwax
Short answer. Not yet. There are sooooo many basic capabilities we have to integrate first. But that is a cool idea. Perhaps another Worker Proposal System project? #askwax
#askwax
Will you be able to make cross promotions between crypto games using the wax cloud system?
Like play one game and earn on the other game some tools or better gsin real life articles. Wax is the mixture of real life and virtual life.
Thank you. I am sure the marketing team will be pleased to hear that. Crypto requires marketing because it is so complicated (and confusing). Reminds of Web 1.0 and trying to explain browsers and POP mail accounts. #askwax
Is there any insurance fund if the Cloud Wallet is hacked? #AskWAX
Meeting crazy entrepreneurs. Hearing their insight. I scuba dive in the Channel Islands (off coast of LA). We believe in the future of NFTs in blockchain games and other projects, which is why we included NFT storage in the WAX Cloud Wallet (also crypto storage) #AskWAX
We have some really strong partnerships that we've announced recently and more in the pipeline. Prospectors is one of the most popular dApps and is now on WAX. vIRL is a concept we believe in and look forward to decentralizing it in the future. #AskWAX
@WAX_io @WilliamEQuigley Would like your thoughts on the recent partnerships and dApps coming over to wax.. also, where do you see @GO_vIRL in the future?
We have several big partnerships to announce. We expect WCW will usher in a new era of blockchain adoption since it makes it so simple for the non-crypto audience to use blockchain games/dApps. #askwax
5 years? Wow that is a long way off. President Kardashian will be in the white house. WAX will have many millions using the WAX blockchain (and not fake users!). I also believe we will see many different types of consumer assets tokenized and traded at that time. #askwax
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