What is WAVES

Learned by 2.2k usersPublished on 2024.03.29Last updated on 2025.07.02

1.09

-0.25%

  • Last Price1.09
  • Turnover (24h)4.48M
  • All-Time High61.3
  • Total Supply100M
  • Fully Diluted Market Cap109.92M
  • Ranking454
  • Market Cap109.92M
  • All-Time Low0.13
  • Circulating Supply100M

Note: The project description is sourced from official materials provided by the project team. However, it is important to note that these materials may be outdated, contain errors, or omit certain details. The provided content is for reference purposes only and should not be considered investment advice. HTX does not assume any liability for any direct or indirect losses incurred as a result of relying on this information.

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1. Project Introduction
Waves is a decentralized, community-driven, open-source public blockchain designed for scalable and user-friendly application development. It avoids gas fees and uses a non-Turing complete smart contract language called Ride, which ensures predictability and safety. Waves employs a Proof-of-Stake consensus model, where block generation opportunities are proportionate to participants' economic stake, reducing incentives for malicious actors. Users can lease WAVES to validator nodes and earn rewards while maintaining full control of their assets. The ecosystem includes DEXs, wallets, DeFi apps, games, and NFTs.
2. Team & Investment Info
Founded by Sasha Ivanov, who also founded Units Network. Ivanov is a prominent figure in blockchain and decentralized technologies.
Funding:
June 2016: Conducted an ICO that raised 30,000 BTC (approx. $16M at the time)
Dec 2018: Secured $120M in additional funding
3. Social Media URLs
X: https://x.com/wavesprotocol
Telegram: https://t.me/wavesnews
Discord: https://discord.com/invite/cnFmDyA
4. Token Info
Token Symbol: WAVES
Total Supply: 116,223,448
Token Type: Waves Mainnet
Issuance/Burn Mechanism: Inflationary
Block Explorer: https://wavesexplorer.com/
Token Distribution: NA
5. Related Links
Official Website: https://waves.tech/
White Paper: https://docs.waves.tech/en/
LinkedIn: https://www.linkedin.com/company/wwwaves/?originalSubdomain=ca
Other Info: https://www.rootdata.com/Projects/detail/Waves?k=NzQ%3D

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