Waves setting ICO standards
It was about time for this! The great thing is I will be in Amsterdam tomorrow to meet some executives of Waves and I am more than happy to collect questions and answers for you guys! Exciting times also to see the mainstream media picks up on cryptocurrencies as Bloomberg - check photo above! Did we have Ned on there yet? If not! A shame - let us work on this.
Today these great Russians that are NOT Ethereum but have a much nicer flowing name aka Waves Platform announced to launch a self-regulatory body to set standards for initial coin offerings (ICOs) and the blockchain industry.
The new association will see participation fromDeloitte CIS, the ICO Governance Foundation and the Ethereum Competencies Centre. The aim is to set set legal, tax and accounting, KYC and business due-diligence standards for the industry - great news. This body will be based in Switzerland and is open to any exchange, ICO Platform and professional services experts.
Waves boss Alexander Ivanov says that " regulations are clearly an emerging phenomenon and concern in the industry and we want a seat at the table to be able to shape the future of regulation in the ICO and blockchain space,"
If anyone works for the blockchain media and would like to have more details by Sasha let me know - I am happy to collect questions! The association will be registered and operational in Switzerland from the start of 2018.
About Waves for the noobs
The WAVES platform is becoming more and more important these days, as the Ethereum network is becoming clogged. If you want to know more about the platform comment below and we can organize some direct chats.
Regarding the price and value the Waves token skyrocketed to over 10$ currently. Trading volumes increased and Waves gained some positions in trading against BTC so Waves is showing strength here.
Sources: Cryptovest, newsbtc and own investigation
I've heard a bit about waves before -- I guess you could say that it's..... making waves.. Ba dum tisss...
But on a more serious note -- this is supposed to be a platform that's similar to ethereum in that it can run smart contracts? Does it do anything additional? YOu mentioned something about self-governing and regulation -- what does that mean and what would it look like?
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C'est un portefeuille, une plate forme d'échange via le Dex et une plate forme de création de jetons.
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The self governing thing is what I am very interested too to get further details - as platform they are the one that makes it easy for everyone to create own tokens, probably the best platform enabling this. Re smart contracts they have a different approach, happy to elaborate on this later.
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I met Aleksandr Ivanov at ICO Hypethon in Saint Petersburg and saw his presentation. And its a very good news that ICO will have rules and standards
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Its a great info to us who just started earn by cryptocurrency
thank you for this beautiful post and info
i upvote your many post and followed you
will you do the same
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