What does it do?
Waves is an open blockchain platform designed for users who want to store and trade cryptocurrency on DEX, issue tokens or just make P2P transfers.
Key Features
- Decentralized an anonymous
- Easy issuance of tokens
- Built-in DEX.
General information
| Company Name | Waves Platform AG |
| Incorporation date | December, 2017 |
| Incorporation Address | Switzerland |
| Website | https://wavesplatform.com/ |
| Blog | https://blog.wavesplatform.com/ |
| Phone | n/a |
Economic details
| Initial Funding & Distribution | |
|---|---|
| Ticker | WAVES |
| Token Type | Cryptocurrency |
| Total Supply Sold | 85 000 000 WAVES |
| Total Amount Raised | 16 010 008 USD |
| Price During the Crowdsale | 0.188 USD |
| Hard Cap | n/a |
| Whitepaper | https://docs.wavesplatform.com/en/ |
| Initial Token Distribution | 85% Crowdsale (85M WAVES) 9% Development Team (9M WAVES) 4% Partners and Backers (4M WAVES) 1% post-ICO bounties (1M WAVES) 1% early supporters (1M WAVES) |
| Distribution of Funds raised | n/a |
| Crowdsale Date | April 12, 2016 |
| Sources: https://blog.wavesplatform.com/waves-ico-structure-and-timeline-87db476cc586 | |
Source: http://dev.pywaves.org/balances/
Social Media
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Team
| Title | Name | ||
|---|---|---|---|
 | Founder & CEO | Sasha Ivanov |  |
 | COO | Maxim Pertsovskiy | |
 | Product Manager | Alexey Kofman | |
 | Head of Trading Analytics | Leonid Matveev | |
 | CMO | Philipp Eryushev | |
 | CTO (Vostok Project) | Artem Kalikhov | |
Development
| Total number of Commits | 32 089 Commits (76 Repositories) |
Partners
Burger King Russia – a fast food restaurant that issued a token on Waves DEX.
Gazprombank Digital – the third largest bank in Russia digital division.
Russian National Settlement Depository (NSD) – a non-bank financial institution, central securities depository, and professional securities market participant engaged in depository business.
Deloitte CIS – an audit, consulting, tax and financial advisory services providing company.
Astana International Financial Center – a financial hub in Astana, Kazahstan.
Moscow Stock Exchange – the largest group in Russia, operates trading markets in equities, bonds, derivatives, the foreign exchange market, money markets and precious metals.
Boris Titov – a Russian Politician and billionaire.
Liquid.pro – over-the-counter trading service which is transferring its quotes on stock options entering the Moscow stock exchange to the public.
The Growth Party – a political party lead by Boris Titov.
Microsoft Azure – an ever-expanding set of cloud services for organizations to meet their business challenges.
Kuna – a cryptocurrency exchange.
TMT Investments – the venture capital company investing in high-growth technology companies.
Competitors
Ethereum – a decentralized platform that runs smart contracts and it allows developers to create their own decentralize application.
AION – a platform for building decentralized applications.
Lisk – a blockchain application platform that helps developers to build blockchain applications and deploy their own sidechain linked to List network.
NEO – a smart economy platform where users can digitize assets using the decentralized network of blockchain technology and digital identity.
Kyber Network – a platform that allows instant and seamless transactions between platforms, ecosystems and other use cases.
Shapeshift – a platform for instant swaps between assets.
faa.st – a platform for instant cryptocurrency trades.
Binance – a centralized cryptocurrency exchange with high liquidity.
Bittrex – a centralized cryptocurrency exchange with high liquidity.
Potential market and clients
There two two main variables that have an impact on adoption of WAVES: 1) how users will be willing to use decentralized exchanges and, 2) how many ICO projects will be willing to launch on WAVES.
Utility and economic dynamics
- WAVES are needed to tokenize.
- WAVES are used for matcher fee.
- At least 1000 WAVES have to be in balance in order to run a node.
- A WAVES holder can start leasing (leased proof of stake) them.