WAX is a purpose-built NFT blockchain that provides everything a brand needs to launch a successful NFT collection—from games and dApps to exchanges, digital marketplaces, and more. The WAX Blockchain utilizes Delegated Proof of Stake (DPoS) as its consensus mechanism, and it is backward compatible with EOS. WAX was designed to be the most comprehensive and climate-friendly NFT ecosystem in the industry, enabling leading brands, artists, creators, and developers to take advantage of the power of the blockchain.