As we navigate through the brisk winds of change this fall, our WAX community continues to thrive, embodying the vitality and innovation at the heart of the WAX Blockchain. With our recent Twitter space, hosted by the ever-diligent Tommy from WAX, we brought the spotlight onto Lukas Sliwka, our esteemed CTO. Lukas assured us that the robust WAX engine hums along, showcasing the unwavering commitment of the WAX team.
WAX’s Technological Strides & Future Horizons
- Blockchain Protocol Tokenomics: Our team has unveiled tokenomics enhancements, setting the stage for variable inflation mechanisms and transaction fees. This pivotal move aims to streamline the resource model for a more user-centric experience.
- RAM & Instant Finality Developments: Our diligent efforts to refine RAM efficiency and collaborate with the Antelope Coalition and ENF mark our dedication to continuous improvement. However, we must pace ourselves for Instant Finality, anticipating its integration closer to the end of 2024.
- Strategic Gaming Alliances: Our alliance with Amazon Prime Gaming and Brawlers is a leap towards bridging Web 3 with mainstream platforms, a testament to the perseverance of Michael Rubinelli, Chief Gaming Officer at Tyranno Studios, and his team for their significant year-long effort.
- Cloud Wallet Evolutions: Introducing OAuth and Wallet Connect signifies our resolve to minimize barriers, complemented by the advent of a native mobile wallet for an enriched user journey.
- Social & Multi-Chain Ambitions: Upcoming features promise to weave social connectivity and multi-chain functionality into the fabric of our ecosystem, offering a more inclusive and fluid experience.
Pivotal Adjustments & Novel Introductions
- WAX DeFi Sunset: Reflecting on the uptake and impact, we’ve decided to sunset the DeFi feature by the end of this year, optimizing marketplace operations and ecosystem health.
- Tokenomics & User Adoption: With the refined tokenomics, and the addition of transaction-based fees, we’re developing strategies to alleviate the 5-WAXP-Fee barrier, ensuring a smooth entrance for new users. An official announcement is coming soon!
- Empowering Community Innovation: The refreshed WAX Labs invites proposals that inject utility and value into our ecosystem, laying the groundwork for communal growth and development.
- Mobile Cloud Wallet Initiation: The upcoming app is poised to offer a consistent and robust experience across mobile devices, transcending the limitations of mobile web variations.
Embracing the Future
As 2024 approaches, our sights are set on substantial protocol upgrades, a deeper dive into mobile accessibility, and empowering tools for community management. Through the crypto winter’s chill, WAX stands resilient, steadily building a foundation that will flourish in the anticipated bull run associated with Bitcoin’s 2024 halving.
Our community can expect more strategic partnerships and innovative features that will cement WAX’s role in the Web 3 narrative. Our drive through market fluctuations and dedication to technological progress solidifies our mission to empower the world with true digital asset ownership.
