New Partnership Announced! Animoca Brands x WAX: Player-made NFTs generated on Pixowl's "The Sandbox" to trade on WAX Blockchain

Coming Soon: Trade Decentraland items with WAX Tokens

Mar 27, 2018

We are excited to announce that items for virtual reality platform Decentraland will soon be tradable with WAX Tokens on OPSkins!

This addition is different from other ERC-721 tokens that we’ve added in recent months because Decentraland is a decentralized virtual reality platform which allows users to create, experience and monetize their content, games, and applications. Decentraland’s mission is to create a virtual world that is owned by its inhabitants.

Decentraland is made up of thousands of 10 square meter parcels of virtual space. These parcels are represented by LAND, a non-fungible token, and are identified using cartesian coordinates. LAND owners can build and publish 3D content and applications, such as Ethereum games, on their LAND. Each parcel of LAND is unique since its geographic location and distance from the center of the virtual world play a large role in determining how much foot traffic (and visual traffic) it gets.

The LAND is tracked on the Ethereum network using non-fungible ERC721 tokens, which can be bought and traded on OPSkins.com with WAX, bitcoin, Ethereum, and fiat currency.

“Blockchain-based non-fungible virtual items add an exciting and lucrative new concept to the cryptosphere,” said Malcolm CasSelle, CIO of OPSkins and President of WAX. “Decentraland is helping further establish the Crypto Collectible marketplace, which OPSkins and WAX are excited to be key players in developing. The integration of Decentraland onto the OPSkins platform creates additional utility for WAX Tokens and incentivizes more players to join the ecosystem.”

Decentraland’s non-fungible ERC721 tokens will be the latest to be added to OPSkins and tradable with WAX Tokens — the first was CryptoKitties in December 2017, and there are more to come. OPSkins is becoming the go-to marketplace to trade Crypto Collectibles. OPSkins boasts over two million weekly transactions on its platform, has millions of active customers and adds 200,000 new users each month. WAX allows anyone to create a virtual goods marketplace, onboarding millions of gamers to the growing cryptocurrency space.

---

Let us know what you think by joining the community:

Twitter

Telegram

Reddit

Facebook Twitter Email Linked In

Related Articles

Blog Image

Animoca Brands x WAX: Player-made NFTs generated on Pixowl's "The Sandbox" to trade on WAX Blockchain

Animoca Brands and WAX announced a partnership to further drive mass-market adoption of blockchain-based collectible virtual items

Read More
Blog Image

WAX 3D Item Viewer Service: 5 new features added

5 new features have been added to the WAX 3D Item Viewer Service, including a new tool that allows you to get an high-definition .png file for any item position

Read More
Blog Image

Fnatic x WAX: the leading eSports organization teams with WAX to gift a new kind of gaming merchandise

WAX and Fnatic will be organizing hundreds of prizes and giveaways for fans in-real time using WAX ExpressTrade during Fnatic’s “Legends in Action - Live” event

Read More

Sign up to receive updates from the WAX team