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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] WAX - Worldwide Asset eXchange by OPSkins - Join Token Sale on November 1 on: November 13, 2017, 03:55:09 AM
Hello
Why are you planning to not launch your platform before 2019 (!!!) whereas Opskins already exists?
I don't understand why you need more than one year to do that with an existing product??
Very weird...
How do we know it's not just a scam?

WAX support, are you even gouing to reply? It takes ages for us to get simple replies. You are going to raise funds from us, investors and after that we should wait for such a long time for you to show us a platform? Where is alpha at least?

Looks more and more suspicious.
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] WAX - Worldwide Asset eXchange by OPSkins - Join Token Sale on November 1 on: November 07, 2017, 07:26:53 AM
Ok, thank you. Though your answers have cleared something up, more questions have appeared in my head. I hope, you understand that investments are not made with the light head, and I want to fully understand how your platform works before I invest in it.


4) Skins are stocked on Valve servers. They own them both physically and legally. Let's imagine, I bought a skin on your platform, and you suddenly have been cut from Valve servers for some reason. How would I take away the skin in your opinion? Valve is just gonna say me 'sorry bro, you should have used our marketplace'.

Answer: Please read 2. Please also keep in mind that WAX platform is a marketplace and not the owner of the skins (like Amazon is not the owner of all the items that are traded there). Transfer agents are responsible for the transfer of values between users in the games.
I'd like to state it once again, any game from any platform or publisher that allows trading will be tradeable on WAX.
Ok, let's go through it step-by-step.

1. Are skins from CS:GO will be tradable on WAX?
2. If so, what is your plan, if Valve suddenly decides to cut off your access to their API? Yes, for now, they are ok with you, but they can change their mind.


5) How do you expect in-game items to be tradable within your platform? Again, let's imagine a situation. I'm a game developer who wants items from my game be tradable for your coin. What should I do?

Answer: The game should be interesting to the audience. Anyone can submit a proposal for a guild spot, and WAX Token holders will vote for them based on what they see in their proposals. Token holders can only vote for so many, and since the WAX token holders make a cut off guild fees, it's in their best interest to vote for the most trusted ones. Guilds receive a percentage of the fees on lists, transfers, and Contracts and as a WAX Token holder, you can pledge these guilds - in turn earning a percentage of the earned guild fees (see the sections Guilds in white paper for more details).
Again, my main concern is Steam. I simply do not believe that they are willing to ignore this exploding market of the virtual goods. What if they make developer choose: whether they are on Steam and sell their items only on Steam Marketplace, or they are on the third-party platform. Whatever your market share is, you are only third-party service for Steam itself and companies that sell their games on Steam.
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] WAX - Worldwide Asset eXchange by OPSkins - Join Token Sale on November 1 on: November 04, 2017, 04:35:12 PM
So, what we have:
- They just transfer their platform onto blockchain, no innovations, just upgrade
- They completely rely on Steam, and if Valve changes its mind on third-party platforms, WAX will collapse at once
- Strange and shady changes of terms with no proper explication

WAX, do you even care about your reputation? Explain yourself.
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] WAX - Worldwide Asset eXchange by OPSkins - Join Token Sale on November 1 on: November 03, 2017, 08:07:02 AM
Hi DMakret Fan! Nice to see you in Bitcointalk as well:)

1) "your whole idea built on the assumption that Valve is not going to interfere with you little business on actually their items like skins or whatever"

The "little" business OPSkins is the #1 digital marketplace in the world which is 10 times bigger than the closest competitor!
And in contrast to other coins WAX doesn't rely on publisher or platform integration/support. It doesn't require the use of a trade API. Any game from any platform or publisher that allows trading will be tradeable on WAX.
Sorry, I still don't get it. Skins are stocked on Valve servers. They own them both physically and legally. Let's imagine, I bought a skin on your platform, and you suddenly have been cut from Valve servers for some reason. How would I take away the skin in your opinion? Valve is just gonna say me 'sorry bro, you should have used our marketplace, not some third-party one'.

2) "why does your platform take so much time for development?"

There are a lot of problems that WAX is trying to solve by creating a platform. In contrast to other companies, WAX is not just creating another simplistic useless ERC20 Ethereum token.

The WAX Platform is designed to service the thousands of companies and power sellers already participating in the global digital item trading industry. WAX smart contracts track and pay out to all parties of an item trade — the settlement agents, affiliates, listing sites and any other parties that facilitate digital item trading. It’s a major improvement over existing centralized marketplaces and one that item trading facilitators will greatly appreciate.
WAX Tokens facilitate the settlement of WAX smart contracts. Smart contracts that enable millions of gamers to trade digital items. 400 million such gamers covet and trade popular digital gaming assets today and will need to own WAX tokens to take advantage of this important decentralized platform.
Okay, if not through API, how do you expect in-game items to be tradable within your platform? Again, let's imagine a situation. I'm a game developer who wants items from my game be tradable for your coin. What should I do?
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] WAX - Worldwide Asset eXchange by OPSkins - Join Token Sale on November 1 on: October 28, 2017, 02:30:17 PM
Hello. Why is it so quiet here? Is this a place where I can get proper answers to my questions? This is already worrying a bit.

Anyway, what's even more concerning is the business model of this project. I mean, really your whole idea built on the assumption that Valve is not going to interfere with you little business on actually their items like skins or whatever. Let's imagine that eventually Gabe will cut you off of the Steam API. What then? Do you have like 'plan B'?

I'm kinda a game developer myself (besides of being a cryptoenthusiast) and I know what it means to you if you do not get along with those guys. You better not do this.

So, my question is being ignored. Good start, folks. The more I see, the less I'm willing to invest in this ICO.

I would like to know the answer to my first question as well as to this one: why does your platform take so much time for development? You have your OPskins, and WAX is not so different from it, it targets the same audience and have the same functionality. You need like 3 or 4 months to create something like this, not like a year to launch the final product. On the other hand, DMarket platform mentioned by you is growing much faster, they are showing alpha next week already!!! btw, thank you for mentioning this project, don't know how I wasn't aware of it, looks pretty ambitious.
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] WAX - Worldwide Asset eXchange by OPSkins - Join Token Sale on November 1 on: October 26, 2017, 11:28:28 PM
Hello. Why is it so quiet here? Is this a place where I can get a proper answers to my questions? This is already worrying a bit.

Anyway, what's even more concerning is the business model of this project. I mean, really your whole idea built on the assumption that Valve is not going to interfere with you little business on actually their items like skins or whatever. Let's imagine that eventually Gabe will cut you off of the Steam API. What then? Do you have like 'plan B'?

I'm kinda a game developer myself (besides of being a cryptoenthusiast) and I know what it means to you if you do not get along with those guys. You better not do this.
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