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

WAX Announces Quarterly Token Circulation Update

Jul 3, 2018


WAX is announcing our quarterly token circulation update for the end of Q2 2018. WAX Token supply has increased to a total of 828,063,006 tokens due to the end of a lock-up period for certain contributors and advisors that ended in June 2018. This is in accordance with the WAX white paper and our Q1 circulation update.

The tokens have been, and will continue to be, distributed in a manner consistent with the token usage guidelines in WAX’s technical white paper.

The total WAX supply is 1.85 billion, and the remaining ~ 1 billion WAX Tokens will be used over a number of years for development of the market.

WAX will continue to update its token circulation on CoinMarketCap.com on a quarterly basis, at the end of each quarter. The increase in reported circulation at the end of the quarter represents the tokens released throughout the quarter. These updates will remain consistent and are in accordance with existing WAX policy.

---

Let us know what you think by joining the community:

Twitter

Telegram

Reddit

Facebook Twitter Email Linked In

Related Articles

Blog Image

Big changes are coming to #WAXonStream! Participate daily if you're a streamer or viewer

WAXonStream 2.0 is here. It’s bigger, better and more exciting than ever - with chances for both streamers and their audiences to earn prizes.

Read More
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

Sign up to receive updates from the WAX team