You are probably starting to feel as though I sound like a bad record. It seems that in the past couple of weeks every other post I am writing is about NFTs or WAX.
As you can see from the Tweet that went out yesterday, according to dappradar WAX became the most used blockchain in the world yesterday.
Let's think about that for a little bit shall we?
Sure, there are probably just as many statistics for some other blockchain being the most used, but in my experience dappradar has usually been pretty solid and trustworthy.
If Hive were to make it into the list there would no doubt be hundreds of posts filling your feed touting that fact.
While I certainly agree that it should be Hive, the fact remains that it isn't. I think that one day we will see Hive up in that spot. We definitely have the community and development to support that. Right now though...
It is all WAX
So what does that mean in the grand scheme of things? Probably not a ton, tomorrow (which is today) there will potentially be another blockchain in that top spot. What it means for me, and what it should mean for you is that WAX is severely undervalued.
I've been pretty honest about the fact that I picked up the majority of my WAX around $.03 to $.06. Right now it is still only at $.23! That is practically a steal! Do you ever wish you could have picked up THOR or AVA at $.23?
This is your chance!
Okay, I get it, maybe you don't believe in the whole NFT thing. Maybe you think it is all hype and a bubble and a lot of people are going to be left hurting when the craze dies down.
That's a valid opinion, but holding WAX doesn't dictate that you need to start messing around with NFTs. No more than holding Hive dictates that you need to be blogging. However, as you start to see everyone around you cash in, you will likely find yourself asking, "why have I not picked up a couple of NFTs?"
As the title states, this is unsolicited opinion, you should definitely do your own research. I honestly believe that WAX should be a $10 token. With everything that they have going on, plus this recent validation, that fact is even more solidified in my mind.
Now, maybe you are saying that you don't feel like learning a new blockchain... I have great news for you! Since WAX runs on the EOSIO software which was created by Dan Larimer and Hive is a fork of STEEM which was also created by Dan, there are many similarities between the two.
Fast, feeless transactions (as long as you have a little WAX staked)... Sound familiar at all?
Trust me, if you can do Hive, you can totally do WAX. Plus, the WAX Cloud Wallet makes it insanely simple for anyone to create an account simply by using any social media or email account.
It's honestly a no brainer in my opinion. With so many new digital collections being released every day, I think WAX is going to be bouncing around that top spot for quiet some time.
Plus, like Hive, it is DPoS (Delegated Proof of Stake), so reduced energy costs too. See, NFTs can be green.
If you have been on the fence, you should definitely check out WAX. I don't expect the price will stay this low forever.
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@eos.detroit Staff Writer/BOID Team Leader
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