Waves (WAVES) Price

When Ethereum's ERC20 token standard was introduced, developers could simply establish a token on top of Ethereum's Blockchain rather than creating their own blockchains. These tokens can be freely tradeable across Ethereum's vast and rapidly expanding ecosystem.

The disadvantage of the ERC20 standard is that, while creating a token is easier than creating a blockchain, some coding skill is still necessary. Building a new ERC20 token, for instance, is not as simple as creating a new website on WordPress.

WAVES, which was founded in 2016, has grown into an ecosystem that includes a blockchain platform for the production of custom crypto tokens, a smart contract solution, and a specialized decentralized exchange known as WAVES DEX.

The WAVES platform was created in response to what its creators saw as the delayed adoption of blockchain in daily applications requiring the management of digital assets.

WAVES Features and Updates

WAVES has a lot of features and updates that make it one of the best go-to platforms for Crypto token creators on the market. Here are the main features that have kept making WAVES relevant in the Crypto space.

One of WAVES most popular features is the token creation tool. Individuals may build a token in less than a minute by just filling out a few details such as token supply, token name, and so on. This process only costs one WAVE token to implement. After the process is completed, the token is instantly listed on the WAVES decentralized exchange and may be traded against any DEX trading pairings.

WAVES' exchange stands as one of the few that provides several fiat-to-crypto gateways. Users may swap EUR, USD, and CNY for numerous cryptocurrencies on the decentralized exchange.

WAVES Team

The team behind the WAVES is a very experienced one and this is one important factor that has cemented the success of the platform. The CEO and Founder of WAVES are Sasha Ivanov and the co-founder of the platform is Alexander Ivanov.