Waves WAVES Price 0.22869160

The price Waves today is 1.61USD and the trading volume in 24 hours is 39,335,444USD. The asset has grown over the course of the day. The Waves coin has a market cap of 186 million dollars and has 0 coins in circulation. Waves was launched in June 2016 after one of the first initial coin offerings (ICOs) in thecryptocurrencies industry. Waves is synonymous with its founder, Ukrainian, and the native token is Waves, an unlimited supply token used for standard payments. Prior to the creation of Waves, Ivanov was already active in the field of cryptocurrencies, having launched the now-defunct instant exchange Coinomat. Ivanov created an early version of the CoinoUSD stable coin that was pegged to the US dollar. Waves currently employs more than 180 people in various regions, including Moscow and Switzerland. Waves supported the development of smart contracts and dApps, ensuring that speed and ease of use surpassed the competition. Since then, other products have emerged, including Gravity, cross-chain and oracle network, and the Neutrino platform focused on Defi. In 2020, Waves announced that its platform would interface with the Ethereum network, issuing the Waves token as a standard ERC-20 asset. In its initial coin offering, 85% went to sales participants, 4% to partners and supporters, 9% to developers, and 1% each to early backers and reward schemes. Currently, the block reward is 6WAVES, and any changes occur in the form of votes- users must choose whether or not to reduce the block reward.