While the wax may not perform as expected, I doubt you have done any damage to the paint. If it doesn't buff out, clean it off and put some good stuff on there.
I'd see if the place where you bought it will refund your money. If not, try Meguiars. If you talk to Meguiars, ask them what would cause the wax to do that (I'm guessing high heat when in storage/transport).
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