FAQ
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Who are the AtomiKings?
The AtomiKings are a group of individuals who have voiced concerns over the lack of transparency in the WAX Space, and joined together to create a community. Burst of Energy is the face of the group, but there’s a lot of people behind the scenes. The NFT world has seen rapid change over the last 12 months and the AtomiKings are pushing for fairness for collectors and collections.
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What is an NFT?
That’s a really good question. NFT stands for non fungible token. Ok, cool. Now you’re probably wondering what ‘fungible’ means, and then what does ‘non-fungible’ mean? Fungible essentially means an item/token has the same value as another item of the same type.
For example, if I lend you $20, when you can give $20 in return, I don’t expect my $20 bill to be returned to me. Any $20 bill will do, or two $10’s or four $5’s. This is because cash and currency as a whole is fungible.
In contrast NFT’s, even if they look the same, do not have the same value. NFT’s are often called ‘unique’ and ‘one of a kind’ for this reason. The value of each NFT is determined by different factors.
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Wen Stake Sir?
Like most things, NFTs have their own lingo, and each community within the NFT space has their own lingo. Below are a few common ones you might hear if you hang out with the AK Crew:
Asset | NFT, Card etc
Hodl | Hold On for Dear Life, hold on to your NFTs.
Dinger | Awesome, Excellent, home run …If you want to know more... click here to get to the Lots of Words and Their Meaning Page
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What is Wax?
Well, there’s WAX and then there’s WAXP. Typically when people are talking about Wax, they’re talking about WAXP which is a type of cryptocurrency.
WAX is also a blockchain, short for Worldwide Asset eXchange.
Looking for more info? Check out their website
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What is AtomicHub
AtomicHub is a platform that allows users to buy/sell/create? on the WAX Blockchain.
AtomicHub also supports the EOS Blockchain.
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How do I create a Wax Wallet?
Officially known as a Wax Cloud Wallet, it is really simple to set up. Clicking here will take you to to page you need to set it up.
You will get a wallet that typically consists of a random, alphanumeric, 5 character wallet followed by .wam
example: cqcau.wam
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How do I buy WAX?
Coming soon!
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How much time does this take?
How much time do you have? There’s lot of things that you can spend a lot of time on so choose your projects wisely.
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Mints - low or high? which is better?
It depends on what you’re after, but typically lower mints are more popular. Other mint numbers are popular like 666, 13, 69, favourite/lucky numbers or last mint is also highly valued.
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How do I feature an asset on my AtomicHub Account?
DAMNIT I let the twitch stream expire…. I’ll get a clip for you guys soon.
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How do I find cool projects?
Check out Burst of Energy’s stream on Twitch or check out the Sweat Meter Page.