Waves Price Chart and Latest News
Published on Feb 21, 2020
The Waves Platform is a global public blockchain platform, founded in 2016. Waves Platform’s mission is to reinvent the DNA of entrepreneurship around the world by providing a shared infrastructure, offering easy-to-use, highly functional tools to make blockchain available to every person or organisation that can benefit from it.
WAVES targets in the first place community-based development and projects. To that end decentralized voting and messaging are implemented. It will allow for a DAO-like experience in managing community projects, whilst remaining straightforward from a technical point of view. WAVES will allow payment of network transaction fees in custom tokens (assets). Along with the transaction in question, an order to exchange the asset into the main network token is sent to the decentralized exchange, and the transaction can be included in the next block only after that order has been executed.
One of the key advantages that Waves investors have realized is that you can lease it in the LiteClient, and make a profit while still increasing your stack by holding on to the coin. The essence of this is that with more leasing of the coins, the less its supply will be available. Additionally, Waves has served as an ICO platform. Judging from how other cryptocurrencies that were used as ICO platforms have fared, this is definitely good news for Waves investors.
Market Value and Rank
In terms of partnerships, development and technology Waves (WAVES) ranks as one of the most advanced cryptocurrencies. The creator of Waves, Sasha Ivanov, has created friendly relationships with some of the most advanced industry players, with whom he regularly holds joint events. Indeed, Sasha leads one of the most technologically advanced teams in the cryptocurrency field. All these serve as indicators that Waves are on an upward trajectory. Considering that Waves has far more utility and development than many other cryptocurrencies, its potential to reach a value of between $50 and $100 per unit in the near future is very real. This means that an investor who wishes to make a kill should seize the opportunity today.
There are few people who are still skeptical about the performance of Waves in the market. Probably this arises from the fact that the cryptocurrency had a difficult start. It was launched at the same time as the Slockit DAO that turned to be a disaster that shocked the entire digital currency ecosystem. This shock had an effect on the momentum of Waves, and the initial investors were not impressed, as they had expected quick returns. However, it turned out that their initial fears were not well founded. The fears only created a situation where the cryptocurrency suffered undervaluation compared to the other prominent digital currencies. Indeed, Waves has had its share of challenges on the markets. However, the tide is swiftly changing. Judging from recent developments, the cryptocurrency is poised to occupy its rightful position.
Waves uses a proof-of-stake algorithm. To start mining, all you need to do is to download and launch the node, and have 1,000 WAVES in your wallet.
Any sum of Waves can be leased to miners to generate interest. You can refund at any time in 2 clicks.