WAX Partners with AWS: Game-Changing for Web3 Adoption?

Gaming-focused blockchain WAX, the 10th-largest by activity, has partnered with Amazon Web Services (AWS) to integrate its network into the AWS Managed Blockchain (AMB) service. This collaboration will facilitate dApp development on the WAX blockchain through the AWS console, driving the mass adoption of Web3.

Is WAX's AWS Deal a Game-Changer?

The crypto world took notice when Worldwide Asset Exchange (WAX), the 10th-most active blockchain, inked a deal to harness Amazon Web Services (AWS) and integrate into Amazon Managed Blockchain (AMB).

What's in It for WAX Developers?

AMB simplifies the life of developers crafting decentralized apps (dapps) on public and private blockchains. By integrating with AMB, WAX developers can seamlessly deploy nodes via the AWS console, enabling the creation of solutions on the WAX blockchain.

WAX Token Soars on News

The news sent WAX's native token {{WAX}} on a bull run, rising over 20% intraday. The broader crypto market, as represented by the CoinDesk 20 Index, experienced a modest 1.6% uptick.

Post-Announcement Price Surge

WAX rallied another 5.6% after the announcement before retracing slightly to $0.111.

WAX Exec: Mass Web3 Adoption on the Horizon

WAX CTO Lukas Sliwka hailed the AWS partnership as "a major next step on our journey to the mass adoption of Web3."

Impressive Metrics

Over the past month, WAX has processed an astounding 141 million transactions, with 666,000 active wallets. The blockchain hosts an impressive portfolio of 160 Web3 games, including Brawlers, which made its debut on Amazon Prime Gaming alongside industry heavyweights such as Apex Legends and Call of Duty.

Update: WAX Price Movement

As of March 26, 2024, at 16:09 UTC, WAX's price has experienced some volatility, currently hovering around $0.111.