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WAX Creates the Largest Cross Blockchain Ecosystem for Gaming, NFTS and GameFi With Binance

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“Blockchain Brawlers” NFT Collection Launches Later this Month

WAX, (Worldwide Asset eXchange), co-founder William Quigley has a vision for the future. One where an NFT bridge, built by the company, would allow blockchain and NFT markets to thrive despite differences in their chain types.

Quigley’s vision took a giant leap forward recently has the company announced the launch of its GameFi project, ‘Blockchain Brawlers’, that enables users to transfer NFTs used in the game interchangeably between Binance Smart Chain and WAX blockchain through the NFT bridge developed by WAX.

William Quigley, cofounder of WAX, stated that the NFT bridge built in WAX could help build the future we envision.

The NFT collection of ‘Blockchain Brawlers’ will be auctioned on Binance NFT Marketplace for the first time on November 30, 2021. The GameFi industry will reach new heights by being able to transfer NFTs from game to other blockchains via bridges. The global adoption rate for gaming NFTs will rise with the availability of free transfers.

Binance smart chain (BSC), is the first blockchain to connect with WAX. ‘Blockchain brawlers’ will also be the first gaming app that allows cross-chain NFTs. The first batch of ‘Blockchain Brawlers’ NFTs, called ‘Founder’s Edition’, consist of 100 NFTs that come in four different editions: Standard, Hardcore, Cage Match and Death Match. Each Brawler NFT will play a vital role in the forthcoming ‘Blockchain Brawlers’ play-to-earn tournament where they will compete for fame and fortune.

In the first phase, the NFT bridge between WAX and BSC will allow users to access their WAX Cloud Wallet accounts to view NFTs they have on BSC. This NFT bridge allows for the transfer of NFTs from BSC to the WAX blockchain. It also includes Blockchain Brawlers that were purchased on Binance NFT Marketplace. These NFT assets will be added to the WAX blockchain users’ NFT inventories.

In the second phase, this bridge provides access to a larger number of NFTs via both Binance NFT and WAX. The NFT bridge will allow users to trade and buy NFTs on either WAX- or BSC-based NFT markets. This is regardless of the origin chain. The NFT bridge is projected to go live in the second quarter of 2022.

Aside from the Binance NFT auctions there will be additional NFTs of the game that will be auctioned on WAX at a later date.

WAX, the largest gaming blockchain, processes three-quarters all gaming transactions. Binance NFT launched IGO (Initial Game Offer) recently to provide early access to the GameFi universe. Binance NFT launched IGO to help build the future gaming metaverse. It offers the largest GameFi NFT trading marketplace.

Games, additional PFP programs, as well as NFT marketplace compatibility with Binance NFTs and WAX NFTs, are some of the collaborative projects between the companies.

The Worldwide asset eXchange ™, also known as the “King” of NFTs, is the No.1 global blockchain according to Dappradar.com. It’s ranked by transactions and users. WAX’s mission it to make NFTs available to the masses in the most safe, secure, eco-friendly, and user-friendly marketplaces in the world. WAX is the leading entertainment NFT network – in 2018, WAX introduced vIRLs, giving consumer product companies the ability to directly link NFTs to physical consumer products. WAX has facilitated the trade of more than 100 million digital collectables including Major League Baseball (via Topps MLB collectables), Capcom’s “Street Fighter,” and world-renowned entertainers Deadmau5 and Weezer.

Binance NFT is the official NFT marketplace for Binance. It offers an open market to artists, creators and crypto enthusiasts. Binance offers three product lines, Premium Events and Mystery Box. The company is striving to build the first and largest GameFi NFT trading platform for gaming projects via IGO (Initial Game Offering) – featuring core in-game assets from top gaming projects.Binance schedules quarterly BNB burns to permanently reduce the supply of BNB, in turn, increasing its value. The amount of BNB burned is calculated based on Binance’s overall quarterly trading volume. Quarterly coin burns continue until a total of 100,000,000 BNB are destroyed, which represents 50 percent of the total BNB supply.

Binance smart chain is an individual blockchain. However, it is not meant to replace Binance Chain, even though it is newer. Binance Smart Chain was actually created to work alongside the original Binance Chain.

Those seeking additional details may find them on the official WAX Discord, WAX Twitter, and WAX website. Details of the game and NFTs are available at BCbrawlers.com.


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Disclaimer: This article is for informational purposes only. This article is not intended to be a solicitation or offer to buy or sell any products or services. Bitcoin.com does not provide investment, tax, legal, or accounting advice. The author and the company are not responsible for any loss or damage resulting from or related to the use or reliance of any content, goods, or services in this article.

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