WAXEX (WXX)

WAXEX (WXX) is a token issued on the Waves blockchain by Waves African Exchange Pty Ltd, a South African company that operated under the waxex.africa domain. The token launched on January 8, 2018, with a fixed, non-reissuable supply of approximately 100 million units, with 6 decimal places of precision. On the Waves network, the asset is identified by ID 8LLpj6yQLUu37KUt3rVo1S69j2gWMbgbM6qqgt2ac1Vb, and it was originally distributed both through direct sales and a project faucet.

The Waves African Exchange platform positioned itself as Africa’s digital asset gateway, allowing users to deposit fiat currency from their bank accounts and gain access to the Waves Platform Decentralized Exchange. WXX served a dual role: it granted holders direct-distribution loyalty rewards, special offers, and discounts with the project’s B2B business partners, while also being tradeable on the Waves DEX. The team ran ancillary programs including the WAXEX Token Shop, periodic promotions, and partnership campaigns with Waves-based projects such as Waves Mania.

The waxex.africa website is no longer reachable, and the project’s blog, social channels, and gateway services show no recent activity. Archived snapshots of the site remained accessible through mid-2022, but no new updates have been published since. WAXEX should be considered an abandoned project. Token balances remain permanently on the Waves blockchain and can be verified via the asset ID, but the absence of an operating gateway, active development, and trading liquidity make WXX a high-risk asset with no clear path forward.