Understanding the basics: Blockchain | Crypto | NFTs

Using Smart Contracts on $WAX

The WAX Blockchain is a computer system that lets people buy and sell things using WAX Cryptocurrency, and there are special digital items called WAX NFTs that people can collect and trade. It's like a big online store where people use special money to buy and sell unique digital items that they can't get anywhere else.

Blockchain Basics

WAX Blockchain is a computer system that helps people buy, sell, and trade things, like digital stickers or video game items. It's like a big store where people can go to buy and sell things, but it's all online. And instead of using regular money, people use WAX Cryptocurrency to buy and sell things on the WAX Blockchain.

Cryptocurrency Basics

WAX Cryptocurrency is like special money that people use only on the WAX Blockchain. It's like if you had a special kind of money that you could only use at the amusement park to play games and win prizes. People can buy WAX Cryptocurrency with regular money, and then use it to buy things on the WAX Blockchain.

Non-Fungible Tokens (NFT)

WAX NFTs, or Non-Fungible Tokens, are like digital stickers or cards that people can collect and trade on the WAX Blockchain. They're special because each one is unique and can't be copied. It's like if you had a rare trading card that nobody else had, and you could trade it with your friends for other cool things. Some people like to collect WAX NFTs because they're rare and special.