Disclaimer for Bobopixeloxo, Bobopixelaxz, Bobopixeland, TheLastHuman, and Associated Games
Bobopixeloxo and its associated collections (Bobopixelaxz, Bobopixeland, and TheLastHuman) are blockchain-based NFT games built on the SimpleAssets Standard, with certain packs (e.g., TheLastHuman NONE PACK) minted using AtomicAssets. These games are purely entertainment and creativity-focused experiences and are not financial instruments. In-game assets and tokens, including NFTs and FTs, hold no financial guarantees or expectations.
The games are delivered as-is, and while the developers are committed to providing a fun and engaging experience, they are not liable for any direct or indirect losses incurred. Players retain full control of their assets, as developers do not have access to wallets or private keys. All actions within the games are executed by users signing transactions through their own wallets.
No refunds or compensations will be provided for any in-game purchases made through official or third-party platforms. Players are fully responsible for their purchases, including ensuring compliance with the laws of their country of residence or citizenship.
Underage Players:
Persons under the age of 18 may only participate in these games with the consent of their legal guardians and from accounts managed by those guardians. The account holder assumes full responsibility for all actions and transactions performed through their account.
By participating, users acknowledge and agree to these terms, ensuring a transparent and enjoyable experience for everyone in the Bobopixel gaming ecosystem.
What’s WAX
Introduction to WAXP and EOSIO Blockchain Technology
The Worldwide Asset eXchange (WAX) is a blockchain ecosystem built on EOSIO technology, designed to make digital asset transactions faster, more efficient, and environmentally friendly. Known as the “King of NFTs,” WAX offers a platform optimized for creating, buying, selling, and trading Non-Fungible Tokens (NFTs) and Fungible Tokens (FTs). WAX leverages EOSIO’s cutting-edge architecture, enabling developers and users to access a high-performance blockchain with unmatched functionality.
The Economic System of WAX: RAM, CPU, NET Resources
The WAX blockchain operates on a resource-based economy using three key elements:
RAM (Random Access Memory):
RAM is used to store permanent data, such as smart contracts, token balances, and account information.
Example: Minting an NFT or executing a transaction that requires data storage uses RAM.
Cost: RAM is bought and sold on a market, meaning its price fluctuates based on supply and demand.
CPU (Processing Power):
CPU determines how much computing power your account can use over time for executing transactions.
Example: Sending tokens or interacting with smart contracts consumes CPU resources.
Cost: Users stake WAXP tokens to get CPU. It regenerates over time, making it an efficient system for regular use.
NET (Bandwidth):
NET represents the bandwidth required for transactions.
Example: Uploading data to the blockchain uses NET resources.
Cost: Like CPU, users stake WAXP to acquire NET.
The Power of Smart Contracts
Smart contracts on WAX allow developers to create decentralized applications (dApps) and token economies. They automate processes, eliminate intermediaries, and ensure transparency.
Examples of Smart Contract Use Cases:
Minting NFTs and FTs: Artists, creators, and businesses can easily create NFTs representing digital art, collectibles, or real-world assets.
Decentralized Finance (DeFi): Smart contracts can manage staking, liquidity pools, or yield farming.
Gaming: In-game assets like skins or characters can be tokenized as NFTs for trading or use across multiple games.
Governance with Voting and Block Producers
WAX is governed by its community through the Delegated Proof of Stake (DPoS) consensus mechanism. WAX token holders play a crucial role in decision-making:
Governor Tokens and Voting:
Every Saturday, WAX token holders can stake their tokens to vote for Block Producers (BPs)—the entities responsible for validating transactions and maintaining the network.
Voting empowers the community to choose reliable and trustworthy block producers.
Block Producers’ Role:
Block Producers maintain the blockchain’s uptime and security, ensuring its smooth operation.
They are rewarded for their work, incentivizing transparency and excellence.
Example:
If you hold WAXP tokens, you can stake them to vote for a Block Producer who offers environmentally friendly practices or enhances blockchain services.
Benefits of WAX and EOSIO
Energy Efficiency:
Unlike traditional blockchains like Bitcoin, WAX uses a fraction of the energy due to the DPoS mechanism, making it eco-friendly.
High Scalability:
WAX can handle thousands of transactions per second, ensuring fast and seamless user experiences.
Example: Buying an NFT on the WAX blockchain is completed almost instantly, with minimal fees.
Cost-Effective Transactions:
Users can stake WAXP tokens instead of paying high gas fees, making transactions cheaper.
NFT and FT Minting:
WAX provides an easy-to-use interface and tools for creating tokens, attracting artists, developers, and entrepreneurs.
Built-In Marketplace Ecosystem:
Platforms like AtomicHub and NeftyBlocks simplify buying, selling, and trading digital assets.
Interoperability:
WAX bridges to other blockchains like Ethereum and Binance Smart Chain, enhancing flexibility.
Example Use Case: Gaming and NFTs
Imagine you’re a gamer who loves collecting rare in-game items. On WAX, you can tokenize these items as NFTs.
You own an NFT sword that you can use in one game, trade on AtomicHub, or even sell for profit.
Thanks to WAX’s fast transactions and minimal costs, you don’t have to worry about high fees or slow processing times.
Moreover, as a WAXP token holder, you can participate in governance by voting for block producers who focus on improving the gaming ecosystem on WAX.
Conclusion
WAXP and EOSIO blockchain technology provide a robust, scalable, and eco-friendly ecosystem that empowers creators, gamers, and developers. With an innovative economic system, powerful smart contracts, and community-driven governance, WAX continues to revolutionize the digital asset landscape. Whether you’re a collector, developer, or entrepreneur, WAX opens the door to endless possibilities in blockchain technology.
Start your journey with WAX today and explore the future of blockchain-powered innovation!
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