WAX is a purpose-built blockchain and protocol token that has a convenient way to create, buy, sell, and trade virtual items anywhere in the world and it is designed to be the platform for video gaming and e-commerce dApps. It will also be fully backward compatible with EOSIO. Participants of the Worldwide Asset eXchange gain access to a global community of collectors and traders, buyers and sellers, creators and gamers, merchants, dApp creators, and game developers. The WAX Blockchain uses the Delegated Proof of Stake (DPoS) as its consensus mechanism.