WAX Builds the Largest Cross-Blockchain Ecosystem for NFTS, Gaming, and GameFi With Binance – Sponsored Bitcoin News

“Blockchain Brawlers” NFT Collection Launches Later this Month

William Quigley, cofounder of WAX (Worldwide Asset eXchange), has a vision. One in which an NFT bridge – built by the company – would enable blockchain and NFT marketplaces to thrive despite their different 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.

​​“The NFT bridge built by WAX can build a future we envision, in which blockchain and NFT marketplaces are accessible to everyone regardless of the chain types,” said William Quigley, co-founder of WAX.

The NFT collection of ‘Blockchain Brawlers’ will be auctioned on Binance NFT Marketplace for the first time on November 30, 2021. GameFi will be able to use NFTs in games to move them to other blockchains via bridges. Global mass adoption rates of NFTs for gaming will grow with free NFT transfers

Binance Smart Chain (BSC) is the first blockchain to be connected with WAX and ‘Blockchain Brawlers’ will be the first gaming dApp that enables cross-chain ecosystem for 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 of these Brawler NFT will play an integral role in the upcoming ‘Blockchain Brawlers’ play-to-earn game where they will fight for fortune and fame.

The first phase of NFT bridge between WAX and BSC will allow users to access their WAX Cloud Wallet accounts to see NFTs they have on BSC. This NFT bridge will allow for transfer of select BSC NFTs onto the WAX Blockchain. The NFT assets will then appear in users’ NFT inventories on the WAX blockchain.

This bridge will allow users to access a larger number of NFTs via both Binance NFT and WAX in the second phase. The NFT bridge will allow users to trade and buy NFTs via both WAX- and BSC-based NFT platforms, regardless of the origin chain. In the second quarter 2022, it is expected that NFT bridge will be available.

After the Binance NFT Auctions are over, additional NFTs of the game will be up for sale on WAX at a later date.

WAX processes over three quarters all transactions related to gaming. Binance NFT has recently launched IGO, their gaming initiative. This will give gamers early access into the GameFi universe. Binance NFT launched IGO to help build the future gaming metaverse. It offers the most extensive GameFi NFT trading platform.

The current and future collaboration projects between these companies include games and other PFP programs, as well as a NFT marketplace that is compatible with Binance NFT as well as WAX NFTs.

The Worldwide Asset eXchange™ (WAX), aka the “King of NFTs”, is the world’s No.1 blockchain, as measured by number of users and transactions, according to Dappradar.com. WAX’s mission is to bring NFTs to the mass market in the safest, most secure, environmentally friendly, and easy-to-use marketplace 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 (official NFT marketplace) offers an international open market to artists, creators. This is Binance’s NFT marketplace. Binance has three product lines. Premium Events, Mystery Box, and Marketplace. 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. Quartly coins are burned until they reach 100,000,000 BNB, which is 50 percent of the total BNB supply.

Binance Smart Chain is also an individual blockchain, but it isn’t the replacement for Binance Chain, despite it being newer. Binance Smart Chain can be used in conjunction with the Binance Chain.

For more details, you can find them in the WAX Discord. WAX TwitterWAX website. BCbrawlers.com has details about the game as well as NFTs.

This post is sponsored. How to reach your audience? Read disclaimer below.

Images CreditsShutterstock. Pixabay. Wiki Commons

DisclaimerThis information is provided for educational purposes only. This is not an invitation to purchase or sell directly, nor a suggestion or endorsement of products, services or companies. Bitcoin.com is not a provider of investment, tax, legal or accounting advice. The author and the company are not responsible for any loss or damage caused or alleged caused by the content or use of any goods, services, or information mentioned in the article.

Get more Crypto News at CFX Magazine