ProtocolReportingApril3,2023WAX(WAX)StateofWAXQ12023QuarterlyCommunityReportPeterHorton•ResearchAnalyst(@ph0rt0n)MikeKremer•DataEngineer(@mikeykremer)KeyInsights●WAX’sfinancialmetricsreboundedafterdecreasingeachquarterin2022.Circulatingmarketcapincreased70%QoQ,andtotalWAXtokenscollectedasrevenueincreased28%QoQ.●Averagedailynewaddressesincreased39%QoQto5,000,driveninpartbyaWAXBlastOffNFTmarketingcampaign.●P2EgameAlienWorldsaccountedforthemajorityshareofactiveaddressactivity.Relativetootherdecentralizedapps(dapps)andcontracts,thegameislesspopularamongnewlycreatedaddresses,suggestingthatexistingusersaresticky.●Funkodigitalcollectiblecollectionsmadeup7...
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