Last week WAVES, the decentralized platform which uses blockchain tokens represent any value, ended its ICO with a reported 29,634 bitcoins raised – then worth close to $16 million. Tokens can be customized to represent values and can then be issued by any platform user. Following issuance, tokens can be transferred, swapped and traded on an integrated decentralized exchange. Different options for tokens include representing shares in a crowdfunding project, financial instrument, or any item with an inherent value.
Chain-Finance asked WAVES’ Chief Business Development Officer Alexander Rugaev about the ICO and the WAVES platform.