Partnership to create a blockchain connected future for the gaming industry
OKX, the world’s second largest crypto exchange by spot trading volume, announced today the Wax Studio native token BRWL (Blockchain Brawlers) will be listed through the OKX Jumpstart program. Blockchain Brawlers is a play-to-earn wrestling game created by WAX studios featuring a cast of NFT characters.
Built on Wax Blockchain, BRWL (Blockchain brawlers) tokens is aimed at simplifying the monetization of in-game assets by working as the in-game currency. The partnership between OKX and Wax Studios is a symbiotic association of two major brands with a common goal of migrating the global gaming industry on blockchain which will benefit all relevant stakeholders of the industry.
OKX Jumpstart will let users earn BRWL tokens by staking OKB tokens. A total supply of 50,000,000 BRWL tokens will be available for subscription on OKX with no upper limit for individuals. Users from various countries including India can use OKB tokens to participate in the OKX Jumpstart from 8:00 am UTC on Mar. 27, 2021. BRWL transactions will take place under the ERC-20 protocol.
Commenting on the development, Jay Hao, CEO of OKX.com, said: “We are excited to partner with Wax Studios for this BRWL token listing. Through this association we would like to create an enhanced user experience through our play-to-earn initiatives. As we dive deeper into the metaverse space, OKX will continue to collaborate with promising metaverse projects. ”
Commenting on the development Michael Rubinelli, Head of Games at WAX Studios, said: “We are happy to find a like-minded partner in OKX. Wax Studios has embarked on an exciting journey to build a play-to-earn ecosystem to boost the creator economy along with driving NFT adoption in the gaming space. ”
Powered by BRWL tokens, each player can earn, and craft their way to fame and fortune. The game features 400 “Founder’s Edition” Legendary 1-of-1 brawlers, a limited-edition collection of Ric Flair NFTs, hard-hitting gear packs, limited-edition swag and so much more.
The Jumpstart starts at 8:00 am UTC on Mar. 27, 2021. For more information, visit https://www.okx.com/jumpstart
OKX Jumpstart is a platform that helps new projects launch and grow their communities. Jumpstart users are able to participate in campaigns by staking their OKB and receiving tokens from new projects based on their staked amounts. Unlike buying tokens in offerings, getting them via Jumpstart is similar to liquidity mining because users get all their staked assets back after the campaign ends. Each project on OKX Jumpstart starts with its own rules and particulars, such as total tokens available, minimum and maximum stakes, and so on.
OKX is one of the world’s forerunners in the crypto industry. Founded in 2017, OKX innovatively adopted blockchain technology to help rebuild the financial ecosystem of our generation. OKX believes that building a decentralized, blockchain-powered financial ecosystem is a crucial development in this current climate. OKX strives to eliminate financial barriers, evolve the global economy, encourage financial inclusion for billions of unbanked population and change the world for the better. OKX is always working tirelessly to continuously improve the overall user experience to make cryptocurrency trading and investing available to everyone. OKX looks forward to empowering the future generation to apply blockchain technology in daily lives, and helping the unbanked population achieve a fair, secure and trusted financial system.