I have been turned onto WAX blockchain through a promotion done within the Upland team and the upcoming release of Blockchain Heroes cards that will be launching as NFTs on the WAX chain. The cards are being launched by the guys from the Bad Crypto Podcast . This promotion has gotten a number of people not previously into crypto really interested in WAX and NFTs. So I am really talking to those people for this article. If you are already familiar with fiat onramps, crypto wallets, high liquidity crypto exchanges, etc you already know how to do all of this. I will also freely admit there ARE paths with less fees for those that are crypto saavy. But for some, a little extra fee to remove the friction and pain points isn't really a bad thing. So for this write-up I will be discussing one path that I believe is relatively straightforward (for crypto) and will get the job done. There are certainly other ways to do it but this one can be done without significant waiting periods
The NFT world has brought all kinds of people into the crytpo-sphere. Some are well versed in how crypto wallets work and others are new to the arena. This article should have useful information for both and those in between. I have gotten a number of questions from some people regarding various wallet solutions up to and including setting up a cold storage solution for WAX. I will run through your options below and link you to some helpful additional content to accomplish your goal no matter what you personal security risk profiles look like. I will start out by saying that I am not an expert in WAX by any means. That's why this is really a article full of links to resources for you to check out. The thing about WAX is that it is kind of designed around using their cloud wallet solution. You can pretty much do what you want on chain without it, but it makes life way easier. All the dapps are designed to work with it and it's integration is dominant across the chain.
Halo Platform announced a community proposal to move from the native Halo chain to become a member of the Ethereum community as an ERC token project. The announcement (see below) cited the impending move by Ethereum to ETH 2.0 and it's scaling solutions which Halo was initially trying to address with their chain. Being that Halo is a second degree fork of ETH (by way of Quorum) the migration will not require extensive work. All addresses and private keys will be able to migrate as all Halo addresses have a mirror address on ETH. Halo Update Time! I've written and rewritten this one multiple times as it's a little different then our normal updates. Instead of talking about development progress and other items, I want to open up a discussion with you, the Halo Community, about the path forward for Halo. Which makes it more difficult to write up. We have done some awesome things with Halo. The products we've created are outstanding and will continue to improve. Loo
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