A couple of days ago i discovered an interesting post/contest by 
Before i start saying more about the crypto/project i chose i wanna mention that posts/contests like that one are quite important for the community in my opinion. The prizes are just a bonus in my opinion and not the purpose. The real prize though is the knowledge through these posts and i will explain what i mean in detail.
I know that some people most likely will shill projects around the Hive ecosystem which is good in some way, because we may learn about an interesting project or token but i think that it's quite important to discover other crypto projects and coins outside of our ecosystem. That way we can dive into something new, diversify our assets and ofc find great opportunities and earn. Ofc that doesn't mean we shouldn't do our own research because you never know.
Btw 
Wax Blockchain
Wax is a project that if remember correctly started in 2017. I think that the purpose was to democratize the NFT market space. Back then the NFT marketplace was centered around Ethereum and also you need to take into account that even though NFTs were something exciting for many, it was also quite expensive to get in.
It was expensive in 2 different ways, expensive for the buys due to the huge transaction fees and basically the same for sellers to create and list their NFTs. I remember that i wanted to buy an NFT through opensea back then just because i liked the art not as a form of investment. The NFT was up for 50$ and i remember that the fees were close to 50$ as well. As you can imagine there was no chance to basically pay double the price just because.
Wax came to solve exactly this. The transaction fees were almost nothing and the whole platform was user-friendly. Also, anyone can create their own project again with way way less money than doing exactly the same through the ETH network. They again introduced the vIRL NTFs basically you can either hold it as an NFT, sell it or redeem it as a physical item.
Ofc there is the native token that is called WAXP that can be used for all of the transactions as well as for staking. Operating on a delegated proof-of-stake mechanism and can be integrated with other blockchains and external systems.
I was quite early in WAX and had managed to accumulate around 10k of WAX tokens, investing like less than 100$ buying some NFTs and then selling them for profits. I should have invested more if you ask me and be more active as with the current price of over 0.06$ that 100$ investment is worth around 600$+. To make matters worse for me at one time the same amount was equal to 7000$ as the price had gone up to over 70 cents back in 2021.
Currently, WAX is basically one of the top or even the top NFT marketplace with huge daily volumes and transactions as you can see in the images below:
One thing you need to understand is that the guys behind WAX managed to bring over some of the most awesome NFTs and games around the crypto space. I don't know how they managed but they did it. To give you a better idea they brought over companies like the one behind HOTWHEELS and FUNKO and made many successful NFT series.
You would basically buy a pack with either dollars or wax, mostly dollars as a first purchase, then you would open the packs, bringing back the nostalgia and anticipation of what's inside and then you would enjoy some awesome NFT in different kinds of rarities. Then you could simply sell, trade or hold these NFTS.
Even Capcom joined Wax! It doesn't end here though. If you read through my post you may have seen the vIRL NFTs. Basically, as i said above in these packs you may end up with some let's say FUNKO NFTS that you could redeem for actual physical products, how cool is that? Below you can see an example of what i said:
This post is already too long but it doesn't end here, you can also see below some of the most popular projects that got into WAX, both games and NFTs and then i will dive a bit more into the gaming aspect.
As you can see we don't talk about small-time companies and projects, WAX did awesome work to attract these companies over. OFC all of the companies benefited from this by earning thousands even millions of dollars. As you can see in the image above the first one called Blockchain Brawlers is one of the most successful blockchain games ever. The reason is that they managed, i don't know how, to make their product accessible through EPIC STORE and PRIME GAMING. I don't think another blockchain game has managed to achieve something like that.
A Few Last Words
To tell you the truth after 2021 WAX's price simply went down and since the end of 2022 the price is constantly between 4-7 cents. Also, as you all know the NFT marketplace in general is probably in the worst state ever and honestly that's the way it should be. Many NFT projects were scams and cash grabs. NFT projects need to have somewhat of a value, a utility or something.
Thus, with this downfall, the vast majority of these projects discovered the exit door. Hopefully, most of the current and future projects will offer something better to the buyers. That's why the latest trend is blockchain games because you can basically utilize NFTs and provide some rewards to users/players. Wax in my personal opinion is the best NFT and Gaming Platform nowadays and we as Hive can learn a lot from it.
Overall, even though my opinion is based on my experience and platform and not what's really happening behind the scenes with the token and the community, i think that WAX has the potential to reach its former glory and possibly one day in a huge crypto pump we may witness a price over 50 cents. Once again this is a personal opinion and even a dream of mine for WAX i mean to reach that price point.
Let me know if you know anything that's going on behind the WAX scenes and also if you have ever heard of WAX or used it!
All images are coming from the WAX official page