GameFi Reviews

Review Waves ($Waves) – Everything You Need To Know About Waves Platform 2022

Launched in 2016, Waves is a global open-source platform for decentralized applications. Based on proof-of-stake consensus, Waves aspires to make the most of blockchain, with the minimal carbon footprint.

Waves technology stack can benefit in any use cases that demand security and decentralization — open finance, personal identification, gaming, sensitive data and many others.

What Is Waves?

Waves is a community-based stack of decentralized open-source technologies to build scalable, user-friendly apps. WAVES is a product in the ecosystem of Waves Blockchain Platform, including Waves DEX (Waves Decentralized Exchange), Waves Wallet, Waves Keeper, Waves Labs. $Waves coin is the coin used in the ecosystem and a tool to pay for all dapps, apps built by developers.

How Does It Work?

Before getting into how Waves works, let’s learn a little bit about the Waves ecosystem. Waves Blockchain Platform, including: Waves DEX (Waves Decentralized Exchange), Waves Wallet, Waves Keeper, Waves Labs.

Waves DEX

Similar to major exchanges like Coinbase and Binance, Waves Exchange can also be accessed via Android and iOS apps that provide the full range of digital asset management features. like other DEX Waves also have features: Trading, pools (staking/boosting), Investment with many attractive interest rates.

In addition to supporting transactions in BTC, Waves uses Neutrino Dollar(USDN) which is an algorithmic stablecoin collateralized by Waves original Token. Price stability is supported by market makers at a ratio of 1 USDN: 1 USD. Unlike centralized fiat-collateralized stablecoins, USD-N is issued by a smart contract.

Waves Wallet

Waves Keeper

Waves Keeper is a browser extension that allows secure interaction with Waves-enabled web services.

Seed phrases and private keys are encrypted and stored within the extension and cannot be accessed by online dApps and services, making sure that users’ funds are protected from hackers and malicious websites. Completion of a transaction doesn’t require entering any sensitive information.

Download Waves Keeper:

Waves Exchange

DEX is also a place where you can store assets just like other exchanges.

WavesFX

WavesFX is an open source and cross-platform desktop wallet for the Waves protocol.

Review Waves ($Waves) - Everything You Need To Know About Waves Platform 2022 12

WavesFX Features:

  • Multi-Address Accounts
  • Multi-Address Accounts
  • Move Multiple Assets At Once
  • Multi-Network Support
  • Offline Mode / Transaction Signer
  • Offline Mode / Transaction Signer
Enno Wallet

A mobile app with built-in cryptocurrency exchange and DeFi features.

DeFi

  • Neutrino (opens new window): an algorithmic price-stable assetization protocol acting as an accessible DeFi toolkit. It enables the creation of stablecoins pegged to specific real-world assets, such as national currencies or commodities. Neutrino TVL surpassed $1 billion.
  • Waves.Exchange (opens new window): a platform for staking cryptocurrencies and investing in algorithmic trading.
  • Swop.fi (opens new window): a service for instant exchange of cryptocurrencies and making money by providing liquidity.
  • Vires (opens new window): a liquidity protocol for lending and borrowing assets.

Games and Collections

  • Waves Ducks (opens new window): a game focused on collectible digital duck images of celebrities and memes in the NFT format. The game motivates the community to promote the Waves ecosystem.
  • SIGN Art (opens new window): a web gallery of Blockchain-Certified Digital Art and a marketplace for NFTs. Artists can create a portfolio of digital creations, tokenize and sell NFTs. Collectors can buy NFTs and display NFT-collection.

Blockchain Explorers

Development

  • Waves Signer: a TypeScript/JavaScript library that implements the interface for the signature provider library and enables signing and sending transactions on behalf of a user in any browser.
  • Waves IDE (opens new window): an online environment for developing and testing Ride smart contracts.
  • Waves Dapp Ui (opens new window): a visual interface for calling dApp functions.

Bridge to Other Ecosystems

Gravity (opens new window): a blockchain-agnostic oracle system that supports communication of blockchains with the outside world, cross-chain communication, and sidechains within a single unified structure.

Outstanding Features

SIMPLE

Waves enable a world of NFTs, DAOs, and other new business models.

SCALABLE

Waves deliver extremely fast experiences with extremely low costs.

ECO-FRIENDLY

Waves aspire to make the most of blockchain, with a minimal carbon footprint.

OPEN

Waves bridges to other ecosystems for easy interoperability

Key Metircs

Token Metrics

  • Token Name: Waves
  • Ticker: Waves
  • Blockchain:  Waves Blockchain
  • Token Type: Utility & Governance
  • Total Supply: 107,820,436
  • Circulating Supply: 107,820,436.00

You can update the price of Waves Token on Coincu.com at: CLICK HERE

Token Allocation

Over the course of its crowdfunding campaign, Waves raised over $22 million or roughly 30,000 BTC. A total of 100 million tokens were created at launch and allocated as follows:

  • 85% was allocated to token sale participants
  • 1% was reserved for early supporters
  • 1% was allocated to post-ICO bounties
  • 4% was allocated to strategic partners and backers
  • 9% was allocated to the development team

Token Sale

You can trade Waves on Binance or DEX:

Rank: 47

Price today: $31.72

ATH: $35.16

Token Release Schedule

What is Waves Coin (WAVES) used for?

Pay transaction fees on Waves DEX

On the Waves DEX decentralized exchange, you will have to pay fees in WAVES:

The minimum fees in WAVES for each type of transaction are listed in the table below.

More information at: CLICK HERE

Service fee: Who want to issue their own tokens, Dapps on the Waves Platform need to pay a fee by $Waves.

Use Waves Coin (WAVES) to raise ICO, IEO on Waves Platform: Similar to other platforms, Waves allows tokens to use the waves platform to build, and tokens issued on Waves Blockchain Platform will be funded by Waves Coin.

Some buil projects on Waves platform such as: Swop.fi (AMM), Vires Finance (Lending), Waves Ducks (NFT gaming), Sign (NFT Marketplace), Puzzle Swap (DEX).

Use Waves Coin (WAVES) to stake and become Master Nodes

A node can have zero balance, but to start mining, a node must have the minimum balance of 1000 WAVES (including Waves that are leased to the node). The WAVES you own (or that have been leased to you) reflect your mining power, the more you own, the higher your chances of processing the next block and receiving the transaction fees as a reward. Now have 311 Nodes, bonus for Full Nodes Owners paid in WAVES or WRT Token.

Roadmap

Waves Roadmap:

  • February 21, 2022: Inter-Metaverse Protocol litepaper release
  • March 2022: MVP release of Inter-Metaverse Protocol with integrated games
  • March 2022: DAO Litepaper release
  • March 2022: US company foundation
  • April-May 2022: incubator launch for US teams
  • April 2022: Waves 2.0 litepaper release
  • June 2022: Mother-DAO launch
  • June 2022: Gravity Bridges MVP launch
  • ****er 2022: EVM MVP Release

Verdict

With the advantage of being a blockchain platform, Waves has been doing a good job. Currently, there are games and platforms built on Waves eco-system and impressive TVL. Currently, Waves has entered the top 50 and is still on a strong growth trend. Above is all information about Waves token, please refer to and evaluate more about the project before deciding to invest.

Find more information about Waves:

Website: https://waves.tech/abouthttps://waves.tech/about

Twitter: https://twitter.com/wavesprotocol

If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.

DISCLAIMER: The Information on this website is provided as general market commentary, and does not constitute investment advice. We encourage you to do your own research before investing.

Alan

Coincu Ventures

Ala

Recent Posts

Bitcoin Spot ETF Outflows Reach Second Highest in History

Bitcoin Spot ETF Outflows hit $541M on November 4, the second-highest single-day outflow in history.…

23 mins ago

PropiChain’s Token Presale Turns Heads as the First DeFi Platform to Merge NFTs with AI 

The hype around PropiChain’s token presale is due to its innovative integration of NFTs and…

3 hours ago

UK Pension Fund Cartwright Encourages 3% Allocation to Bitcoin Investment

UK pension fund Cartwright advised the country's first defined benefit pension fund to allocate 3%…

5 hours ago

Crypto PAC Fairshake Continues to Boost 2026 Election With Support from a16z

a16z and Coinbase have pledged substantial funds to crypto PAC Fairshake, aiming to support crypto-friendly…

6 hours ago

Bitcoin, Ethereum, And Solana Lead Crypto Market, But Not For Long With New AI Altcoin With 30,000% Potential, Expert Says

Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) dominate the crypto market, but experts warn that…

9 hours ago

Dogecoin Price Prediction: Will DOGE Ever Hit $0.7 Again? Why ETFSwap (ETFS) Is The Best Alternative For 100x Gains

Discover the future as the Dogecoin price aims for a $0.7 comeback and discover why…

12 hours ago

This website uses cookies.