What Is Waves (WAVES)?
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.
Who Are the Founders of Waves?
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.
Ivanov is publicly active in his promotion of Waves, giving frequent interviews on the platform and trends in the wider blockchain industry.
According to Waves’ marketing literature, the company now employs over 180 people at locations including Moscow and Switzerland.
What Makes Waves Unique?
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 Price Live Data
The live Waves price today is $5.79 USD with a 24-hour trading volume of $195,985,109 USD. We update our WAVES to USD price in real-time. Waves is up 2.62% in the last 24 hours. The current CoinMarketCap ranking is #73, with a live market cap of $627,546,578 USD. It has a circulating supply of 108,326,476 WAVES coins and the max. supply is not available.
If you would like to know where to buy Waves at the current rate, the top cryptocurrency exchanges for trading in Waves stock are currently Binance, OKX, Bybit, Bitget, and DigiFinex. You can find others listed on our crypto exchanges page.