NEWSBTC: Will Waves Surge Upon Company's Summer Roadshow?

  • Tuesday, 22 May 2018 03:07
It’s Invest Diva's Kiana Danial https://www.investdiva.com/ with News BTC and here is your cryptocurrency update. Today I’d like to take a look at a cryptocurrency that despite its name, hasn’t been making waves recently. I’m talking about the Waves cryptocurrency, the one operated by Waves Platform AG, that allows users to launch their own custom cryptocurrency tokens. Waves is going to be on the road this summer, visiting the world’s five biggest tech centers: New York, Amsterdam, London, Berlin, and Moscow. A bit of a background on Waves, it was created by Alexander Ivanov and was first released on 7 June 2016. While other popular cryptocurrencies such as Bitcoin and Ethereum can be traded on external exchanges, and Ethereum allows users to create new tokens on the platform using a smart contract, Waves includes this functionality in its core software and wallet. Users can create, transfer and exchange blockchain tokens on a peer-to-peer basis, paying transaction fees in the native WAVES token. In other words, Waves enable you to make custom tokens, which means you can launch your own cryptocurrencies. You can also do decentralize trading and crowdfunding, as it has integrated fiat currencies like USD and EUR in it’s Waves wallet as well. Another feature that sets Waves apart is that you can easily launch ICOs to fund your projects from around the world, without going through intensive cryptocurrency coding. Despite all these cool features, Waves token has been having difficulty crossing above a key resistance level at 38% Fibonacci at the price of $8.22. Perhaps the upcoming summer roadshow could create some surging waves in the cryptocurrency’s sentiment. Thanks for watching, invest responsibly, and I’ll see you with more updates tomorrow.

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