WAX and Lynx have announced that the wallet will bring support for the WAX Blockchain and its popular non-fungible token / digital goods trading standard, WAX ExpressTrade, to Lynx’s Android and desktop apps. WAX Token holders can store their WAX on Lynx and use the wallet to vote and stake.
The ability to work with WAX Tokens and WAX NFTs inside Lynx goes a step further bringing ease of use to consumers who have already broadly adopted Lynx to manage their tokens for EOS, Telos and other chains.
WAX Blockchain support scheduled release will come first in July 2019. We anticipate this will be the first of many partnerships with the best of the EOS and WAX communities to bring the value to both communities.
“We have already successfully integrated Telos and Boss blockchains to the Lynx mobile wallets on desktop and Android,” said CEO of Lynx, Fred Krueger. “The WAX Blockchain integration will go beyond this, including support for the WAX vIRL standard, the hugely popular non-fungible token format for physical goods including sneakers and consumer electronics.”
“The WAX Blockchain currently processes over 400,000 transactions daily, all of which correspond to users trading virtual goods, including in-game skins and vIRLs,” said Malcolm Caselle, Strategic Advisor at WAX. “These numbers are in the same general ballpark as Bitcoin and Ethereum. In addition, WAX is processing north of 1 million dollars daily in transaction volume — showing the huge appeal of virtual goods.”