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Author Topic: WAVES. Ultimate crypto-tokens blockchain platform.  (Read 16320 times)

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vindyne8

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WAVES. Ultimate crypto-tokens blockchain platform.
« on: 25. April 2016., 20:28:23 »



Escrow address: https://blockexplorer.com/address/3DWBSSAue32YS8PcW2gLs6m52BCCv3UgDA
DO NOT SEND PAYMENTS DIRECTLY TO ESCROW!


Introducing WAVES, ultimate crypto-platform for asset/custom token issuance, transfer, and trading on blockchain. With the name inspired by the recent  gravitational waves discovery, WAVES represents the gravity which brings communities together. WAVES team explicitly targets mass market adoption and ease of use, we want to become THE platform for open source development and community projects.

Inspired by Txt cryptocurrency WAVES is a new platform, being coded from scratch and aiming to become for colored coins what ETH is becoming for scripting. We're a group of developers and businessmen who were involved with Txt platform, using our experience and expertise we want to offer a robust and flexible colored coins platform, with focus on crowdfunding, community projects, open source development and connection to established payments networks.

At launch Waves will offer a full-scale platform for decentralized crowdfunding, community  management, encrypted messaging. We will offer a light weight chrome plugin for end-users, full node carrying the full blockchain will be run on a separate software module. User experience will be really close to usual centralized trading/banking experience. We're targeting mass adoption and the ease of use. Users will enjoy one-click installation procedure, and full scale decentralized trading/crowdfunding platform right in their browser.





Custom token issuance, transfer, and decentralized trading
Colored coins approach is the corner stone of value representation on blockchain. Custom tokens can designate a share in crowdfunding project, a game token, can represent fiat currencies on blockchain. The scope of cryptotokens usage is limited by the users' imagination only, and may go well beyond representing financial instruments on blockchain.

Users will be able to issue their token, transfer it to other users, and trade it on a decentralized exchange. The main usage we want to market is crowdfunding of open source projects. Consider it to be a full scale crypto kickstarter, where users can not only back up a project they like but have a token tied to their donation and trade it, thus transferring the benefits the holding of the token provides to another user.

We will be working with regulators to provide a compliant environment in major jurisdictions. The next stage would be the stock and other financial instruments issuance by established companies, fully compliant with local laws. By providing asset to asset decentralized trading we will be offering a decentralized exchange which can be used for financial instruments clearing and trading.

FIAT tokens on WAVE blockchain
We will be supporting fiat tokens, tied to major world currencies. They will be backed by existing financial institutions, who will provide market making for the assets, compliant with their KYC/AML. The structure is similar to Ripple gateways, it is not a market-peg, but a full backing by a third-party entity.
By providing fiat tokens we reach out to general kickstarter audience, they do not have to deal with crypto exchange rates, being in comfortable EUR or USD environment.

Сryptocurrency tokens
Also major cryptocurrencies will be supported as WAVES blockchain assets. It will allow decentralized trading against BTC token, which will probably be used by cryptocurrency crowdfunding projects wishing to launch their campaigns on  WAVES platform.  All major cryptocurrencies will be supported.The implementation of cryptocurrency tokens is based on MGW approach from SuperNET project, that is several independent servers will provide multisig deposit address for supported cryptocurrency,and upon a successful deposit a user receives corresponding blockchain token, which he or she can trade or withdraw back to the corresponding cryptocurrency.

These features make Asset to Asset trading possible, and important. Through trading an asset against another asset in a decentralized way we effectively obtain first decentralized stock exchange/ crowdfunding platform, tied to "established" real world currencies and cryptocurrencies with strong monetary emphasis.

Community management features
Decentralized voting and messaging will be implemented. It will help the projects launched on WAVES platform communicate to backers and decide on the community development in a fair and transparent way.

Plug-in system
To pave the way for the future system development and streamline the process of rolling out the future updates a flexible plugin system will be implemented. It will allow to get rid of hard forks and implement most new features through the plug-in system.





Reputation system
Reputation system will be implemented using custom "karma" tokens. WAVES will provide a complete business environment, reputation system is an integral part of it. It will be a cross between reputation based on number of transactions, issued assets, other blockchain activity and feedback from other users. It's going to be a decentralized KYC and vetting system, precursor of systems which will hopefully dominate business environment in near future.

Privacy features
Privacy features including anonymous asset trading will be implemented. Without anonymity features it will be impossible to mimic the usual stock exchange experience of anonymous orders books.







100 million issued tokens
POS consensus algorithm
Extensible custom transactions system
Plugin/Blockchain apps system
Decentralized reputation system





March 2016 to April 2016 Start of the full-node code development
April 2016 Start of the crowdsale
Summer 2016 Test net launch. End-user light client launch





Waves ICO will commence on April 12, 2016 and end on May 31, 2016:

ICO website: ico.wavesplatform.com

The total tokens supply stands at 100 milllion.

15 million tokens are reserved for bounties and the development team in the following proportions:
- 1 million tokens will be distributed to early supporters. Please check additional details below.
- 1 million tokens are reserved for post-ICO bounties.
- 4 million tokens are reserved for strategical partners and backers
- 9 million tokens are withheld by the development team.

The remaining  85 million tokens will be distributed in lCO procedure to participating users based on their contribution in the total amount of the raised funds. The sale procedure will be taking place at a special crowdsale website.

There will be discounts for early participants based on the following schedule:
- First ICO day bonus. Users who buy WAVES tokens on April,12 receive a bonus of 20%
- Users participating in the campaign before the end of April (April, 13 - April, 30) receive 10% bonus.
- May, 1 - May, 15 buys receive 5% bonus.

ICO ends on May, 31.  After the ICO is over tokens can be withdrawn from the ICO platform.





Escrow services for WAVES ICO are provided by:
Alexander Kuzmin,
mycelium.com founder.
Paul Klanschek,
coinimal.com founder.

2 out of 3 multisignature  service from
Coinbase.com is used.
The funds will be released upon successful launch of WAVES network and after the balances at the ICO site can be withdrawn to WAVES wallets addresses.



Development timeline and ICO timeline
- Lightweight Client and test net will be launched before the end of the crowdfunding campaign, in May, 2016.
- Main net will be launched in late Summer - Fall 2016.
- The crowdfunding tokens can be traded at decentralized Txt Asset Exchange and centralized exchange partners before the Mainnet launches.
After its launch they will be converted to corresponding WAVES balances.





Early supporters receive bounties for the following activities:
- 200000 tokens reserved for following official WAVES account on Twitter.
- 200000 tokens reserved for joining official WAVES Facebook group.
- 100000 tokens reserved for translations and maintaining national WAVES threads.
- 200000 tokens  reserved for subscribing to WAVES newsletter at wavesplatform.com website.
- 300000 tokens reserved for signature campaign participants at Bitcointalk.

The token distribution to supporters will take place after the end of ICO, WAVES support team will be contacting all participants and arranging
the bonus transfer.










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WAVESPLATFORM.COM
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WAVES. Ultimate crypto-tokens blockchain platform.
« on: 25. April 2016., 20:28:23 »

vindyne8

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vindyne8

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Re: WAVES. Ultimate crypto-tokens blockchain platform.
« Reply #2 on: 28. April 2016., 04:39:46 »
Visit: ico.wavesplatform.com





5818.90823656 BTC raised so far


Less than 3 days left to get 10% bonus!
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vindyne8

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Re: WAVES. Ultimate crypto-tokens blockchain platform.
« Reply #3 on: 29. April 2016., 03:17:17 »





5936.67023583 BTC raised so far


Less than 2 days left to get 10% bonus!
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vindyne8

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Re: WAVES. Ultimate crypto-tokens blockchain platform.
« Reply #4 on: 29. April 2016., 13:55:44 »



6009.43091956 BTC raised so far


Only 1 day left to get 10% bonus. Visit: http://ico.wavesplatform.com
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Re: WAVES. Ultimate crypto-tokens blockchain platform.
« Reply #4 on: 29. April 2016., 13:55:44 »

vindyne8

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Re: WAVES. Ultimate crypto-tokens blockchain platform.
« Reply #5 on: 30. April 2016., 04:08:33 »



6098.06829909 BTC raised so far


Just hours left to get 10% bonus. Visit: http://ico.wavesplatform.com
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vindyne8

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Re: WAVES. Ultimate crypto-tokens blockchain platform.
« Reply #6 on: 01. May 2016., 04:21:16 »
Visit: ico.wavesplatform.com





6389.94118799 BTC raised so far


About 8 hours left to get 10% bonus!
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vindyne8

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Re: WAVES. Ultimate crypto-tokens blockchain platform.
« Reply #7 on: 02. May 2016., 05:17:47 »
Check out the fintechist.com article by @jdebunt





Click pic below to join the WAVES #slack & chat with more than 550 fellow surfers!




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vindyne8

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vindyne8

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Re: WAVES. Ultimate crypto-tokens blockchain platform.
« Reply #9 on: 03. May 2016., 14:20:46 »

 

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