Hi all,
Happy to see your discussions on Setcoin :-)
I am from Developer team of Setcoin
I want to clarify your questions.
The reason behind choosing Red Belly Block Chain is for the sake of performance as Setcoin platform is going to be launched globally in a step by step. Also this is universal platform for all services. It's kind of Amazon for services
SetCoin Pre ICO is going on Waves.
The reason behind Waves is, it is a DEX so you can have more security, you can trade immediately once Setcoin ICO is completed.
Also leight weight client is available
https://waveswallet.io/Hope to see you all in part of Secoin journey
Cheers