Tron Logo
Trade on HitBTC
Like this video


Accessible Blockchain Ecosystem for a Token Economy

Waves Platform was purpose-built from scratch and came into operation after a successful ICO in 2016. Today Waves is the fastest, most secure and user-friendly open blockchain platform in existence, with a wide range of effective tools for everyday use by enterprises and individuals.

5 4 expert ratings
Benchy 3.2
Review: download now PRO
value of tokens sold in ICO
Price in ICO
0.1880 USD
ICO start
12th Apr 2016
ICO end
31st May 2016
Visit ICO website

About Waves

Waves is built in Scala, rather than the C++ used for Bitcoin and many other cryptocurrencies. Each account is generated from a mnemonic seed and a derived private key. Ordinary transaction fees are fixed at 0.001 WAVES, with a 0.003 WAVES fee for DEX transactions and a fixed 1 WAVES fee for token creation.


Waves is a Leased Proof-of-Stake system. Nodes are rewarded by transaction fees, and additionally the Miners Reward Token (MRT), which is a temporary measure designed to increase mining participation until adoption increases to levels where nodes are independently profitable. Waves is non-inflationary, and there are no block rewards.

Waves-NG is different to most blockchain consensus methods. Instead of selecting a miner retrospectively, who then generates a block containing pending transactions, Waves chooses a miner in advance and allows them to add new transactions to the next block as soon as they arrive. Transactions are therefore added to the blockchain as quickly as network latency allows, and blocks are confirmed in around 1 minute.

Custom tokens

Waves makes it extremely easy to create, distribute, transfer, trade and even destroy custom blockchain tokens. It takes less than 60 seconds and a fixed fee of 1 WAVES to issue a token, which can be reissuable or non-reissuable (i.e., inflationary or fixed supply), as required. Tokens have a unique id number, but tokens can have the same name to avoid squatting.

Smart contracts

Noting the problems that have occurred with Ethereum’s implementation of Turing complete smart contracts, Waves has started by implementing simple account controls such as balance freezing and multi-sig transactions. Turing-complete transactions will follow, but these will have fixed fees and the resources required to execute them will be known in advance, avoiding some of the potential attack vectors and edge cases that have affected Ethereum.

Decentralized exchange

Waves features a decentralised exchange (DEX), built into the client. All tokens on the Waves platform are automatically listed on DEX and can immediately be traded against any other token as soon as they are created.

Waves DEX uses a combination of centralised Matcher nodes with blockchain settlement to allow highly secure and private trading, in real-time, without having to wait for the next block for orders to execute.

Add to bookmarks
ICO KYC Report
Not conducted yet
KYC procedure verifies selected/specific team members only. It does not guarantee ICO success nor is a call for investment.
Missing or incorrect data? Let us know.

ICOs that might interest you


Tycoon serves as a secured interface between professional traders and end users.



Hashbon framework - is a universal platform for effective building any applications or ...



Attrace is the first fully decentralised affiliate marketing platform.



2gether is a next generation banking platform that works solely for the benefit of its ...

Cookies help us deliver our services. By using our services, you agree to our use of cookies.

Learn more Got it