Facts About Waves
The Waves platform was launched in 2016 by a Ukrainian-born program developer Alexander Ivanov. He got inspiration from the NXT decentralized platform and decided to create his own one that would have all the advantages of such projects and improve their shortcomings. The developers of Waves had crowdfunded 30,000 Bitcoins by June 2016. At that time, this amount was equal to 16 million dollars. The money was spent on creating the WAVES token, which is now available for buying and trading, as well as further developments. The first coin issue took place on June 7, 2016. Less than one year later the company opened a decentralized exchange and enabled mining using the proof of stake algorithm. Originally the company was known as Waves Platform, but then it was renamed Waves Protocol. The development of the project was not so fast, but it can be called rather stable. At this moment, the company has nearly 200 employees.
Pros and Cons of Waves Platform
Is Waves Worth Investing?
Waves works on own blockchain, and since the first ICO 100,000,000 WAVES tokens have been in circulation. 85% of the supply became available to be bought by sale participants, 4% went to supporters and partners of the project, 9% were meant for the developers, and early supporters received 1% each. As of the end of 2020, it occupies 22nd place in the list of the most expensive crypto currencies by capitalization. The highest price ($17.48) was registered on December 19, 2017. The block reward is 6 WAVES at present. Waves is a unique product, which enables developers to create new assets on its basis. The difference between Waves and the more widespread Ethereum lies in its simplicity and convenience for end users. This makes the platform and its currency one of the most ambitious projects and a forward-looking asset to buy.
Where Can I Buy WAVES?
WAVES is available on more than 60 cryptocurrency exchanges. You can buy it right away on P2B and join our community if you have not done it yet.
Our exchange offers a wide selection of pairs (over 700) and more than 300 tokens to trade. We assure that you'll never suffer from low performance since P2B is known for processing speed reaching 10,000 trades per second.
Besides, we invite you to play games with great rewards. Instead of a typical boring referral program, our team prepares every month gamified events for the members of our community. The rules are simple: invite friends, get points and a 50% discount on trading fees. The more points you have, the more chances to win!