WAX ON EARTH DAY
On the occasion of Earth Day onApril 22, WAX released a video on their YouTube channel addressing the supposed environmental degradation caused by NFTs. Through this video, WAX debunked the myth that creating NFTs involves a lot of energy consumption that contributes to environmental pollution.
Apparently, the NFTs are not the culprit here but the blockchains on which these NFTs are minted. While Proof of work (PoW) consumes a lot of energy, Delegated Proof of Stake (DPoS) blockchains like WAX and EOS consume the least amount of energy and are considered environmentally friendly. This is one of the reasons why brands like Topps, Capcom, and Funko, who have a corporate commitment to respecting the environment, choose WAX as their preferred blockchains. Artists who care about the earth should also consider minting their NFTs on WAX or EOS. Watch the video.
ULTIMATE GUIDE FOR ARTISTS
The WAX team has published the ultimate guide to creating NFTs on WAX..
The article covers how to create a WAX Cloud Wallet account, how to create collections, how to develop a new schema (a series-like classification within the collection that serves as the layout for the NFT), how to upload the NFT media, and how to create NFTs on a large scale. Read the full article.
RAREZ AND WEEZER
Weezer is the latest musical act to surf the NFT wave sweeping the music industry. And courtesy of Rarez, WAX is yet again the surfboard. The popular rock band is releasing 12 ultra-rare NFTs inspired by its most recent studio album on April 29. The Weezer “OK Crypto” NFT series will comprise 12 NFT toy designs, each representing a track on the album. Each will have different levels of rarity, including the ultra-rare gold NFT that can redeem the corresponding physical toy that inspired it.
Weezer cited the environmental friendliness of WAX over the Ethereum blockchain as a reason why they chose WAX over Ethereum. Another reason was the astronomical gas fees on Ethereum, which could take the NFT series beyond the reach of a lot of fans. Read more.
MLB WAX V TOPSHOT COMPARISON
TheCheesman, a Digital artist on Twitter, posted a comparison between the WAX-based MLB Topps and the Flow-based NBA Topshot, in a bid to highlight which NFT project had the better alignment with the value of blockchain technology. Using criteria such as true decentralization, arbitrary regulations, and fairness, the comparison ended in a flawless victory for the WAX blockchain.
Flow’s off-chain Random Number Generation compared to WAX’s on-chain RNG proved a major point, as there was really no proof of fair and random number generation on Flow. Furthermore, decentralized unboxing and IPFS image storage on WAX proved to be yet another reason to choose WAX over the Flow blockchain.
WAX also has a much larger market for its tokens, free trading between users, and easy withdrawal of funds for all, putting the comparison on blockchain fundamentals beyond doubt.
Have something to say about it? Join the conversation here.
Just eight days after its launch, Topps MLB NFTs has recorded a new high for an NFT sale. A legendary exclusive #1 mint card of Sixto Sanchez of the Miami Marlins was sold for 75,000 WAXP, which was equivalent to $12,343 USD at the time of the sale.
That’s a lot of cash, but it’s normal in the world of NFTs for Legendary items to be sold for tens and even hundreds of thousands of dollars. The NFT trend has been on a steady rise over the past months as this new record may quickly be broken as more MBL NFTs are minted and traded. How long will it take for us to see a new record? You can share your thoughts in the comments.
Speaking of Topps, you can now stay abreast of all the Topps NFT data on Cryptoslam.io. Cryptoslam is like a “CoinMarketCap for NFT products.” On Cryptoslam, NFT products are ranked by number of sales. Topps MLB currently sits at the third spot with over one million dollars in sales ($1,289,645.68 at the time of this writing).
Cryptoslam services include an NFT marketplace, collection rankings, mint data and so on. You can also get Topps numbers on the go, such as:
- Daily Sales Volume
- Daily Market Buyers
- Daily Market Sellers
- Daily Mints
You can access the Topps MLB interface on Cryptoslam.
R-PLANET LAND SALE
The second of the three known regions of the R-Planet, BoarVallis, is coming. R-Planet is an innovating NFT-staking system and game that allows WAX collectors to leverage their unused NFTs as mining instruments in R-Planet.
Following massive demand for land during the initial sale of the Swineland region, 5,000 plots of land in the BoarVallis region will be up for sale starting on April 29, 2021. Earlier owners of land are already mining their R-Planet minerals, and other players now have the chance to join up with them with the BoarVallis land sale. To ensure that the most active players are rewarded, the privilege to participate in the sale was granted to the most active players – those constantly playing the game, crafting, and inventing materials. The R-Planet team also reached a decision to make the pack limitations stricter than usual. View the new requirements.
The WAX Discord channel is a great new way to keep up with all the action in the WAX community.
On WAX Discord you can stay in touch with fellow NFT enthusiasts over text, video, and voice. You can get notified of latest announcements and giveaways, and you can even get support from the WAX team or just connect with them. Join the WAX Discord community.