NFT’s are hot. All the big NFT coins with decent product/partnerships are hitting 1b+ Market Cap.
OMI just did without even being on uniswap yet or having their circ supply updated and thus, no market cap info. (It’s 168b, so they’re currently at 1.2-1.3b MC). FLOW did it 2 weeks ago. ENJ and CHZ did it last week.
What’s left? $WAXP, and $WAXP is one of the biggest. Similar to OMI (equally great project with their VeVe collectibles IMO), it’s been around for a few years before the NFT craze, so they’ve been working on partnerships and licenses for a while now. [Their biggest one? Topps](http://gpknews.com/2020/04/interview-with-topps-digital-vp-tobin-lent-on-wax-partnership/). Topps has been THE biggest collectible card manufacturer since the 50s.
And guess what job listing they posted last month?
Here is the most relevant part:
>**Topps** is looking for an enthusiastic and driven **Blockchain Content Producer** to join our world-class digital group. As a member of this team, you will be charged with helping to deliver the highest quality digital sports and entertainment collectibles to fans all over the world. We are on a mission to dramatically lift the quality of our apps and innovate the Topps brand. We are looking for people with the passion, talent and focus to create the highest quality digital collectibles around sports properties such as **MLB, Soccer Leagues & NHL**, and entertainment brands such as **FOX, Star Wars, Marvel and Disney**!
>We are looking for an experienced content producer to **generate and produce digital trading card content and collectibles for our blockchain initiatives**. This position will also support our talent services and original entertainment efforts (Twitch channel setup and live-stream production). You will have the opportunity to work with some of the biggest properties in sports and entertainment.
Now they [already have a line of digital collectibles](https://play.toppsapps.com/) for MLB, NHL, Soccer, Star Wars, Fox, Marvel, Disney, etc. *however,* this job listing indicates they’re making plans to transition those properties to NFTs.
WAXP x Topps already released digital GPK NFTs last year and have recently released [physical booster packs of GPK cards with NFT codes](https://news.bitcoin.com/topps-garbage-pail-kids-blockchain-collectibles-can-be-bought-at-target-and-walmarts/) as rare cards in Walmart and Target. It’s very possible their GPK release was essentially a “test run” to get their logistics down before they go on to bigger properties such as sports cards or Disney.
In addition, **Topps actually has an EXCLUSIVE license for MLB cards**, and will have one until 2025. Lots of companies advertise their brand/franchise licenses, but rarely are they exclusive. In this case, MLB is actually exclusive to Topps. Baseball cards are HUGE for sports card collectors. They were *the* original sports cards to collect. Source: [https://www.sportscollectorsdaily.com/topps-mlb-extend-exclusive-license-through-2025/](https://www.sportscollectorsdaily.com/topps-mlb-extend-exclusive-license-through-2025/)
It will be far too late to get in WAXP once they start dropping digital and/or physical NFT cards for Baseball, Star Wars, Marvel, and Disney… Get in early and hold mid-long term. (Fair warning, I don’t expect this to happen for a while since the job listing just posted, hence the mid-long hold)
WAXP pumped last week but has corrected pretty hard since then and seems to have just hit its bottom at $0.20. This may be the last time to get any at under $0.25 (hovering between 0.21-0.23 at time of writing). Bouncing between 300-350m market cap with a fairly healthy ratio of circulating to max supply, I believe WAXP is severely undervalued compared to the other NFT tokens and is only a matter of time until it gets the attention it deserves like OMI did this week.
If you missed the ENJ, CHZ, OMI, and FLOW trains to 1b+ MC… WAXP is your next best bet.
Edit: It’s not WAXE on Uniswap. You want the EOSIO coin, $WAXP. More info on tokenomics here:
I use Anchor wallet to store WAXP, but the official Wax cloud one is good too.
You can get WAXP directly with fiat on the Wax Cloud wallet. I’ve personally never done it but I’ve seen the option on the wallet.