Dibbs provides an end-to-end tokenization platform for asset-backed NFTs, enabling brands to securely vault, tokenize, and manage their physical collectibles through a government-licensed infrastructure. This solution addresses the challenges of inventory management, compliance, and direct sales by offering regulated custody, insurance, and access to multiple marketplaces for enhanced revenue opportunities.
Funding
$15.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
AFounders
Product
Problem
Many blockchains struggle to handle the high transaction volumes required for mainstream adoption, leading to slow speeds and high fees. This limits their usability for applications like gaming, NFTs, and everyday transactions. Additionally, interoperability between different blockchains remains a challenge, creating fragmented ecosystems.
Solution
WAX (Worldwide Asset eXchange) is a purpose-built blockchain designed for high-throughput applications, particularly gaming and NFTs. It achieves fast transaction speeds and low fees through its delegated proof-of-stake (DPoS) consensus mechanism. WAX also features robust bridging technology, enabling seamless token transfers and interoperability with other major blockchains like Solana, Polygon, Base, and TON. This allows users to move assets freely between different ecosystems, expanding the reach and utility of WAX-based applications.
Target Audience
WAX targets blockchain gamers, NFT collectors, developers building decentralized applications (dApps), and creators looking to launch tokens or NFTs.
Features
- Delegated Proof-of-Stake (DPoS) consensus for high transaction speeds and low fees
- Carbon-neutral blockchain operation
- Native support for NFTs with tools and marketplaces for creating, buying, selling, and trading digital collectibles
- Robust bridging technology for interoperability with Solana, Polygon, Base, TON, and Ethereum via Uniswap
- Integration with Amazon Web Services (AWS) via Amazon Managed Blockchain (AMB)
- Partnership with Amazon Prime Gaming to offer in-game content for WAX-based games
- Availability of WAX-based games on the Epic Games Store
- MyCloudWallet for easy account creation and management
- Liquid staking via WAXFusion
- Support for over 1,000 unique tokens