|Brief||In addition to Waves tokens, thousands of other kinds of tokens have also been released on the platform, many of which have gone through an ICO and have huge potential...|
|Last updated:||Thursday, March 4, 2021 3:00:04PM UTC|
|Crypto Volatility Index (CVIX):||55|
|Current price, USD:||9.65|
|Market capitalization, USD:||1 008 324 259|
|Available supply:||104 486 122 WAVES|
|Volume 24 hours, USD:||97 919 369|
General WAVES facts, technical details and general information about Waves crypto currency
Waves is a multi-purpose blockchain platform which supports various use cases including decentralized applications (DApps) and smart contracts. Launched in June 2016 following one of the cryptocurrency industry’s earliest initial coin offerings (ICO), Waves initially set out to improve on the first blockchain platforms by increasing speed, utility and user-friendliness.
The platform has undergone various changes and added new spin-off features to build on its original design.
Waves’ native token is WAVES, an uncapped supply token used for standard payments such as block rewards.
Waves is synonymous with its founder, Ukrainian-born scientist Alexander Ivanov (also known as Sasha Ivanov). Prior to creating Waves, Ivanov was already active in the cryptocurrency space, having released the now-defunct instant exchange Coinomat and indexing site Cooleindex. He also created an early version of a stablecoin, CoinoUSD, tied to the U.S. dollar.
According to Waves’ marketing literature, the company now employs over 180 people at locations including Moscow and Switzerland.
As one of the first offerings in its field, Waves set out to improve on the early blockchain platforms and products. From the outset, it aimed to appeal to prospective business clients looking to use blockchain to improve processes or create new services.
Waves supported smart contract and DApp development, ensuring that speeds and ease-of-use surpassed competition at the time. Since then, other products have appeared, including Gravity, a cross-chain and oracle network, and decentralized finance (DeFi) focused platform Neutrino. Waves DEX is a decentralized cryptocurrency exchange.
In 2020, Waves announced that its platform would be interoperable with the Ethereum network by releasing the WAVES token as an ERC-20 standard asset.
WAVES began as a fixed-cap token for the Waves platform with 100 million tokens available. In its ICO — which raised 30,000 BTC — 85% of the supply went to sale participants, 4% to partners and supporters, 9% to the developers and 1% each to early supporters and bounty schemes which occurred after the ICO.
Its utility increased in time, and in 2019, it was decided to remove the supply cap, with decision-making transferred to network participants.
Currently, the block reward is 6 WAVES, and any changes come in the form of votes — users must choose whether or not to decrease the block reward by 0.5 WAVES every 110,000 blocks.
Waves uses a modified proof-of-stake algorithm called WavesNG. The technology is based on Bitcoin-NG, a scaling proposal by well-known Bitcoin advocate, Cornell University developer Emin Gün Sirer. Waves highlights that its code is open source, allowing for more trust and ease of maintenance than closed source enterprise blockchain solutions.
WAVES, as a cryptocurrency on the market for over four years, is widely tradable on a large number of exchanges. Pairs operate between WAVES and other cryptocurrencies, stablecoins and fiat currencies. Volumes are highly distributed, with Binance and Huobi Global among the largest market venues.
We list daily Waves historical data for the past 10 days
|Date||Open, $||Min, $||Max, $||Market cap, $|
|Feb 23||10.65||10.10||9.91||961 987 528|
|Feb 24||9.26||10.09||9.98||1 008 557 860|
|Feb 25||9.82||10.01||9.95||1 035 848 632|
|Feb 26||9.60||9.10||9.84||973 096 345|
|Feb 27||9.47||9.47||9.94||1 019 571 565|
|Feb 28||9.64||8.46||9.64||927 046 930|
|Mar 01||8.87||8.87||9.53||991 406 728|
|Mar 02||9.51||9.16||9.82||975 862 250|
|Mar 03||9.42||10.02||9.96||1 037 687 633|
|Mar 04||9.91||10.09||9.91||1 008 324 259|
|WAVES price change 24 hours||-0.51%|
|WAVES price change 7 days||-8.94%|
Waves is another altcoin with the largest growth in recent years. Against the background of renewed demand for altcoins, trading and exchange of digital currencies, the Waves platform, which has been operating as a mobile application for a long time...
AlwaysInGreen November 24, 2020 WAVES
Still unsure about Waves. I don’t know what to make of their team or project. Even though the charts show this coin is undervalued, there isn’t much demand or drive to adopt it. It’s platform is widely unknown and they are unlikely to be listed on...
Ken April 21, 2019 WAVES
Waves is still my go to coin when I'm looking for a solid place to park my earnings from crypto. I choose Waves because their platform hasn't failed the community once, and their focus is still on delivering the most useable blockchain ecosystem...
Jamal March 27, 2019 WAVES
Long term hodler here. I'm. never.selling.WAVES. Like the bottom poster said, this coin has made some of the best decisions in terms of management of funds, and they will be around for a loooong time. Crypto could basically crash again and they'd...
Tina March 9, 2019 WAVES
Waves is playing the long game. You need to follow their CEO to fully understand that they are 100% invested in the blockchain space. The CEO is quoted to still holding 20,000 BTC originally raised from their ICO. This means they at current prices...
Vincent February 25, 2019 WAVES
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