Waves is a decentralized blockchain powered platform for creating and exchanging tokens and cryptocurrencies. It also features the Waves cryptocurrency, which is used to power the blockchain.
makes the process of creating your own custom token fast and streamlined, taking only a few minutes, eliminating the need to build a cryptocurrency from the ground up. ICOs and crowdfunding are accessible to anyone to make, and the platform features a fiat EUS/USD/CNY gateway. This makes Waves a valuable tool for startups and community backed projects, offering cheap and versatile ways to receive funding.
Waves also features the Waves Decentralized Exchange, that allows trading of BTC/ETH for Waves tokens and also any other tokens created on the platform. Decentralized exchanges are valuable as they do not suffer the central point of failure( hacks, security breaches) that centralized exchanges suffer from.
Smart contracts are also enabled on the Waves platform, however they are less complex than the smart contracts featured on the Ethereum network. They are still powerful and secure, making them easier to deploy for simple tasks that do not require a high level of complexit.
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