Let’s kick off this week’s WAX News with a shout-out to the WAX team for the launch of the WAX Cloud Wallet 2.0. It’s been out a little bit over a week now and comes with lots of nice features including:
- Better filtering system for your NFT Inventory
- More info and details on every single NFT
- WAX News section
- Integrated proxy voting and vote rewards claiming
- WAX dApp Library
Managing your NFTs directly from the wallet became a lot more fun with this update and the new look of the interface surely does its part to create a pleasant experience.
Many had the perfect opportunity to give the new wallet a test drive while participating in one of the most anticipated sales of Q4 2020.
Atari, being a prominent member of the WAX Advisory Council, released a set of digital Atari Collectible Boxes, reminiscent of the early days of digital gaming. Back then, the company was a pioneer in the field and we think it’s a nice touch of them to enter into the future of gaming with this retro-style collectible series.
But this space is moving really fast and the evolution of NFTs is clearly going in the direction of infusing more utility into the product.
As NFT Live Co-host and NFT Writer Ronin the Collector mentioned in a Tweet, a beautiful artwork is not all that makes an NFT attractive for collectors. Do you agree? What do you value in the NFTs you decide to own?
The utility of digital collectibles is where NFTs and blockchain gaming become the perfect combination to evolve a whole industry. In the following, we want to highlight a few WAX-based projects that serve as good examples of this development.
Let’s start with Tribal Books, a card-based free-to-play game where each NFT item plays a role in the gameplay. For example, the Magical Forces NFTs are chosen on a turn-by-turn basis by the player, while the Books NFTs collect all the forces and will develop unique features over time, depending on the experience and history of that player. Going beyond traditional card-based games, Tribal Books also introduces a map toplay out your adventure.
It’s clear that the team has put a lot of thought into this release and aims to make sure that Tribal Books stays entertaining. The team recently did a deep dive interview that shares more about their approach and various game mechanics.
Their initial sale is scheduled for November 11th.Get in the mood with the intro trailer about the legend of the Lost City, the origin of Tribal Books.
The NFTs of Dark Country are also far more than just a collectible. Already in circulation, these represent a variety of game characters. Besides the utility within the game itself, the team is also hosting regular tournaments, such as the most recent Heroes Fight Club.
So you can add “winning juicy tournament prizes” to the list of NFT utilities.
The Alien Worlds NFTs represent different components that all together form an outer space metaverse. Along with it comes a cross-chain economy and potentially the opportunity to earn passive income. For this to be possible, NFT staking will be an essential function, which was recently demonstrated by the team in their staking interface preview.
It’s clear that more utility will help maintain or increase the value of NFTs, so the question about how and where the NFTs are stored is getting more and more important. In this context, we want to point you to an interesting conversation touching upon the various layers of decentralized storage, which was well documented on the WAX School YouTube Channel.
In other WAX NFT news,the AtomicAssets team had a reason to celebrate their huge success, as they just reached an impressive milestone with over 1 Million NFTs created on WAX, just 4 months after the initial launch. Congratulations to the whole team -amazingly well done!
The Simple Market, home of the Simple Assets NFT standard, also made some good progress. We’re happy to report that the option to create auctions is now live, allowing 2 different types:
- English Auctions: Bid up the price in a set amount of time.
- Dutch Auctions: Price drops until someone buys.
As always, the WAX section of the EOS Hot Sauce makes up a significant portion of our weekly EOSIO News. What a vivid, fun, and productive community! Great job to everyone involved!