As cryptocurrencies become more mainstream, the complexity of asset management will grow substantially. This holds true for everyone, from passive investors to serious development teams looking to launch their own tokens. Simplification is the name of the game moving forward, and any platform that can condense broad elements into a single system will ultimately promote further cryptocurrency adoption.

That is very much the case for Waves, a platform which allows users to create, transfer and exchange blockchain tokens on a peer-to-peer basis in a single multi-currency wallet. The platform, which will soon implement smart contracts, allows users to issue their own tokens on the Waves blockchain with just a few steps. Waves aims to become the premier cryptocurrency platform and is actively building towards that goal.

Interested in Waves? Here’s a quick rundown of the project:

Platform & Development

The Waves project is made up of a multitude of elements, each of which works to propel the Waves platform forward as a major blockchain tool. Here are a few of those elements:

Multi-token wallet: Simplified wallet with integrated fiat and cryptocurrency gateways and built-in decentralized exchange (DEX). Entire ICOs can be staged through the Waves wallet, and they have detailed the process thoroughly.

Waves NG: Protocol that was deployed on the mainnet that allows Waves blockchain to handle hundreds of transactions per second, making it one of the fastest in the world.

Liquidwave: Provides guaranteed market making for Waves and ETH tokens on select exchanges. Liquidwave solves a problem of market making and liquidity provision for cryptocurrency tokens, especially harmful for new token issues.

Waves Lab: Focused startup incubator for talented visionaries creating disruptive solutions to real-world problems using the Waves Platform infrastructure.

There are currently 18 tokens that have launched or are in the process of launching on the Waves blockchain.

Waves boasts one of the most optimistic 2018 roadmaps of any blockchain project, with major technological milestones like Atomic Swap implementation and Turing complete smart contracts.

Team

The Russia-based Waves team looks to be well-rounded, and are currently expanding their development team to bring on iOS and Android developers.

Token Financials

Waves (WAVES) currently has a market cap of ~$475 million with a circulating supply of 100,000,000 WAVES.

Final Take

The Waves platform is one of the more ambitious projects currently in development. Their focus on becoming an all-in-one platform should ultimately create significant value if they are able to capitalize on their aggressive roadmap.

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Disclaimer: The author(s) of this article may have a position in one or more of the securities mentioned above. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.