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WAVES may become one of the more influential platforms allowing the technology for anyone to launch tokens. The fame of WAVES has led to the launch of 10,000 platform-specific digital assets. And while some of the tokens may not have a clear use case, the technology is drawing attention.
New Waves Weekly Show is here! Watch pilot episode and tell us what you think: https://t.co/Lm3Q1BrVNS#WavesPlatform#WavesWeeklyShow#Blockchain#Cryptocurrency$Waves
— wavesplatform (@wavesplatform) February 10, 2018
The WAVES market price has recovered somewhat after the correction, but after going to above $16, the current levels around $5 means the asset is back to the positions before the big December spike and crash.
WAVES and Tokenization in Russia
WAVES is a decentralized organization with an international presence, but in actuality, the project is perfectly positioned to gain the Russian crypto coin market, and unroll tokenization. Along with Ethereum, WAVES may serve for Russia the way that NEO and QTUM are seen as positive projects for the Chinese crypto space.
In the summer of 2017, WAVES attempted to create proprietary tokens and a blockchain solution for the Russian National Settlement Depository, and tokenize exchange-traded assets.
The WAVES Community
The WAVES team and community are constantly growing. Not only is the company hiring additional developers and marketers, but the additional WAVES Community Token and WAVES Go asset are helping generate loyalty.
The platform is competing with the NXT decentralized token ecosystem, as the founder Sasha Ivanov had experience with that platform before moving onto his own project. The Telegram group is more than 10,000 members strong.
Was happy to see you guys, https://t.co/cA9hEvQttI
— sasha ivanov (@sasha35625) February 12, 2018
All of these factors may serve WAVES well in 2018, by expanding the platform’s influence and improving the understanding of tokenization. At this point, the WAVES asset is far from Ethereum’s fame, but as networks become overloaded, additional projects may see their share of products. WAVES has smart contracts in the pipeline, to achieve yet another distributed app ecosystem.
The WAVES community token trades at $1.85, down from peaks above $4, while WAVES Go is more volatile, currently at $0.08, down from a peak of $0.30.
Other small-scale tokens only exist on the WAVES platform and are traded on the decentralized exchange. The WAVES project has had problems with fake tokens posing as official digital assets, most often Bitcoin.
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