April 2022 Starts With The WAX Coin (WAXP) Testing Its Current Resistance
Santa Clarita, California -
Santa Clarita, California. waxdynasty.com reports on the Wax Coin (WAXP) price trend. On the report Waxdynasty highlights its current resistance level as well as its current support.
According to Coinmarketcap.com, WAX (WAXP) is a purpose-built blockchain, released in 2017, that is designed to make e-commerce transactions faster, simpler and safer for every party involved. The WAX blockchain uses delegated proof-of-stake (DPoS) as its consensus mechanism. It is fully compatible with EOS.
The custom features and the incentive mechanisms developed by WAX are intended to optimize the blockchain’s utility specifically for use in e-commerce, with the goal of encouraging voting on proposals.
“The Wax Coin is the heart of our reporting,” stated Raul Meza, content editor at waxdynasty.com. “We find the coin, its utility, and the fan base to be an inspiration for us and we like to keep on top of it. We highlight the current graph and its price point to show its potential future as we try to anticipate what it is going to do next. We of course are not financial advisors and warn investors to invest at their own risk. Having said that, we are going to be watching this coin for the foreseeable future.”
Coinmarketcap.com goes on to report that WAX was co-founded by William Quigley and Jonathan Yantis.
William Quigley studied at the University of Southern California, and then worked at Disney. After leaving Disney in the early 1990s, he got an MBA at Harvard and became a venture capitalist. Over time, he became the managing director at Idealab. Alongside creating WAX, he is also the managing director at Magnetic.
Jonathan Yantis works as the chief operating officer at WAX and as the chief operating officer at OPSkins.
waxdynasty.com is committed to pushing the cryptocurrency market forward by educating their community on its various aspects. As such, they welcome all inquiries from those who wish to learn more.
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