By now, I’m sure many of you have heard of an , a crafty way young startups have been able to secure funding for their ventures without the help of Venture Capitalists. I would also assume that most of these ICO’s have been conducted on the Ethereum protocol. However, there is a small wave that is accumulating market share and notoriety. Allow me to , the brain child of Russian physicist, Sasha Ivanov. Today, Waves trades at , but because of the recent launch of their decentralized exchange (DEX), their partnership with Deloitte, the ease of users creating customized tokens, ability for users to lease their Waves, and the additional drivers that I will discuss, we could see Waves trading at Initial Coin Offering (ICO) introduce Waves $7.21 EXTREME $40 a coin in 12 months. Basics: Launched in June 2016, Waves is an open-source blockchain platform, based on Scala, that allows users to launch their own and provides them with a custom cryptocurrency tokens decentralized exchange The , allows users to trade any token pairs that are on the blockchain, which currently has close to $1.5mm in trading volume decentralized exchange, DEX Waves give users the from all parts of the world in a matter of minutes, without going through intensive coding. Past successful ICOs on the Waves platform are PrimalBase and MobileGO ability to launch ICOs to fund projects Price: $7.21Ranking by Market Cap: 20Market Capitalization: $718,476,000Circulating Supply: 100,000,000 WAVESMax Supply: 100,000,000 WAVESAverage Trading Volume: $2,821,733Block time: 30 Seconds (Working on bringing this down to 1 second)Consensus: PoS Ticker: WAVES Team: Leading the Waves team is , Russian physicist, who has been involved in payment systems software development throughout his career. He launched the first instant cryptocurrency exchange, coinomat.com Sasha Ivanov The Waves team currently has working on the project full time 8 additional developers The team also has 7 additional social media managers and community manages Rounding out the team are and 2 business development professionals 1 product manager Drivers of Growth: Sasha Ivanov clearly states that the , specifically targeting two markets: fiat transfers on blockchain and crowdfunding on blockchain. Instead of using complex coding of contracts like the Ethereum protocol, Waves is offering the use of plugins, this is basically having the main end-user client downloading a plugin from Chrome Waves team’s focus is on mass adoption offers no trade limits, small fixed commissions on pre-order basis, funds are kept in a secure wallet and not on the exchange, and trading volume has spiked to $1.5mm since its launch this year. DEX offers a far more seamless experience than other exchanges on the market Trading on DEX The Waves platform allows users to create, issue, transfer, and exchange assets and custom tokens. The platform is so easy to use you can create your own token in less than 5 minutes Waves has a , which gives Waves the exposure to Deloitte’s clients partnership with Deloitte Waves has also , adding this Blockchain as a service will give corporate developers countless blockchain solutions partnered with Microsoft Azure’s Waves has partnered with , the central depository for the , to help develop a digital blockchain platform to serve digital assets The National Settlement Depository (NSD) Moscow stock exchange Waves has partnered with , the digital division of the well-known bank, to provide clients with comprehensive initial coin offering (ICO) services and customized blockchain solutions — specifically tailored for the Russian metals and mining sector Gazprombank Digital The Waves team plans on making their in order to form . This will provide Waves users with the ability to have banks act as a gateway for fiat currency to be deposited and withdrawn from their account seamlessly platform KYC & AML compliant partnerships with banks Waves allows users to in their wallets to various nodes for interest lease the tokens Waves currently has wallets available for IOS and Android The Waves team is planning on with the introduction of smart contracts, a blockchain messenger, and new fiat and cryptocurrency gateways expanding their current capabilities Headwinds: Most other infrastructure coins, like ETH and ETC, are a little more maturity and have a longer track record than Waves, but the team behind this project is very capable of making that a nonissue Since regulation will always trail innovation, the digital currency space can be subject to new regulations in the future Summary: Based on the : current valuations of projects similar to WAVES Ethereum: Price: $462.80 Market Cap: $44,500,478,479 Rank: 2 Circulating Supply: 96,154,464 ETH Ethereum Classic: Price: $30.33 Market Cap: $2,975,279,282 Rank: 11 Circulating Supply: 98,109,202 ETC Without incorporating a growth rate my : 12 month price target for WAVES is Current: Price: $7.21Ranking by Market Cap: 20Market Capitalization: $718,476,000Circulating Supply: 100,000,000 WAVES 12 Month Price Target: Ranking by Market Cap: 9Market Capitalization: $4,000,000,000Circulating Supply: 100,000,000 WAVES Price: $40 Taking into account a compound average growth rate of 20% my 12 month price target would be closer to . $48 a coin I hope you enjoyed today’s write up because this coin is ready to shine. I know 2018 will be your year!! Waves team…
