What is Waves (WAVES)?
Waves (WAVES) is a cryptocurrency and a completely an open-source blockchain platform for cryptocurrency exchange with multiple advanced features including Smart Contracts and ability to launch own cryptocurrency. It developed and operated by Waves Platform AG, and it facilitates users to launch their custom cryptocurrency tokens. Users can create, transfer and exchange blockchain token on a peer to peer basis, paying transactions fees in the native WAVES token.
Waves (WAVES): History
Sasha Ivanov, Martin Spodymek, Alexey Kiselev and Sergey IshchenkoWaves was officially launched in November 2016 as a decentralized network with the release of full nodes. The launch also included the release of token creation facilities, facilitating developers to build their blockchain-based applications.
Waves was initially issued by ICO (Initial Coin Offering) on April 12, 2016 – May 31, 2016. Total $16,436,095 (30,096.7 BTC) was raised during the ICO. Total 100 million WAVES exist in the system, and it is the maximum permissible amount.
How does Waves (WAVES) work?
Waves work almost similar to the other blockchain based cryptocurrency but have some unique features. Waves convert the fiat currency to cryptocurrencies via fully licensed Gateways. Then converted into Waves, the native currency of the network. If the send command is given, then the number of WAVES is deducted from the sender and added to the receiver’s account. The send command brings the amount to be transferred as well as the receiver’s wallet address. We can use Smart Contracts to automate the transactions between different entities within the network Waves can be used to create own tokens, using the underlying blockchain technology.
How to Buy Waves (WAVES)?
First of all, you need to create a Waves wallet to store your coins safe.Then name your wallet like ‘My new wallet.’ After that, you are required to set a password to your wallet and make sure you won’t forget the password. Then you have to buy Ethereum as you are unable to buy Waves directly. Finally, you can trade Ethereum for Waves.
Waves (WAVES) Price Prediction 2018
WAVES can be a profitable investment option. Waves price equal to 8.909 USD at 2018-01-18. If you buy Waves for 100 dollars today, you will get a total of 11.224 WAVES. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-01-06 is 39.993 US Dollars. With a 5-year investment, the revenue is expected to be around +348.9%. Your current $100 investment may be up to $448.9 in 2022.The price today of Waves (WAVES) is $8.84, and the market cap value is $884,073,000. It has a current supply of 100,000,000 and the volume $48,238,000. Waves (WAVES) price today, Waves (WAVES) where to buy, Waves (WAVES) price chart, Waves (WAVES) history, Waves (WAVES) market cap, Waves (WAVES) exchanges, Waves (WAVES) mining, Waves (WAVES) mining software.