WAVES. Ultimate crypto-tokens blockchain platform.

[Mallyx]

Draft of concept for Waves community token (WCT)

Waves community token is meant to provide a tool for community assessment of crowdfunding campaigns launched on Waves platform and incentivize  waves holders to keep their funds out of exchanges. Besides it should create an additional income stream for Waves token holders.

Waves foundation is supposed to be a virtual organization, DAO essentially. It will be launched in several stages based on technical maturity of Waves platform. Based on the current functionality the first stage of the asset implementation is going to look like that:

Waves community token will be distributed  in stages to all Waves holders excluding exchanges. The distribution will be executed  on the 15th of each month based on the current snapshot. 20% of all the assets will be distributed in the first month, with 10% distributed each subsequent month.
Projects coming to Waves platform may be endorsed by Waves community. In this case they give up a certain share of their token issue which is distributed to Foundation asset holders as dividends.

Through this users are incentivized to hold Waves community token and not to store Waves at exchanges.

Next stage of Waves community token operation will be using the upcoming voting functionality. WCT holders will be able to vote for the projects to be endorsed. It will provide some level of community-based KYC and screening. The logic behind holding WCT is a constant stream of dividend assets and the opportunity to participate in community endorsement.

The first distribution is going to take place on the 15th of January.

When the snapshot will be taken ?

So what to do ? Just hodl and receive automatically the WCT ?

[dolores12]

YES HOLD STRONG... sale when it hit's 10k 

[Zaducis]

Draft of concept for Waves community token (WCT)

Waves community token is meant to provide a tool for community assessment of crowdfunding campaigns launched on Waves platform and incentivize  waves holders to keep their funds out of exchanges. Besides it should create an additional income stream for Waves token holders.

Waves foundation is supposed to be a virtual organization, DAO essentially. It will be launched in several stages based on technical maturity of Waves platform. Based on the current functionality the first stage of the asset implementation is going to look like that:

Waves community token will be distributed  in stages to all Waves holders excluding exchanges. The distribution will be executed  on the 15th of each month based on the current snapshot. 20% of all the assets will be distributed in the first month, with 10% distributed each subsequent month.
Projects coming to Waves platform may be endorsed by Waves community. In this case they give up a certain share of their token issue which is distributed to Foundation asset holders as dividends.

Through this users are incentivized to hold Waves community token and not to store Waves at exchanges.

Next stage of Waves community token operation will be using the upcoming voting functionality. WCT holders will be able to vote for the projects to be endorsed. It will provide some level of community-based KYC and screening. The logic behind holding WCT is a constant stream of dividend assets and the opportunity to participate in community endorsement.

The first distribution is going to take place on the 15th of January.

When the snapshot will be taken ?

So what to do ? Just hodl and receive automatically the WCT ?

They should be in your wallet not on exchange.

[Digital_Lord]

what is it ?

can't you see. these are just some logos of the Waves platform in chinese language..

[Mallyx]

Draft of concept for Waves community token (WCT)

Waves community token is meant to provide a tool for community assessment of crowdfunding campaigns launched on Waves platform and incentivize  waves holders to keep their funds out of exchanges. Besides it should create an additional income stream for Waves token holders.

Waves foundation is supposed to be a virtual organization, DAO essentially. It will be launched in several stages based on technical maturity of Waves platform. Based on the current functionality the first stage of the asset implementation is going to look like that:

Waves community token will be distributed  in stages to all Waves holders excluding exchanges. The distribution will be executed  on the 15th of each month based on the current snapshot. 20% of all the assets will be distributed in the first month, with 10% distributed each subsequent month.
Projects coming to Waves platform may be endorsed by Waves community. In this case they give up a certain share of their token issue which is distributed to Foundation asset holders as dividends.

Through this users are incentivized to hold Waves community token and not to store Waves at exchanges.

Next stage of Waves community token operation will be using the upcoming voting functionality. WCT holders will be able to vote for the projects to be endorsed. It will provide some level of community-based KYC and screening. The logic behind holding WCT is a constant stream of dividend assets and the opportunity to participate in community endorsement.

The first distribution is going to take place on the 15th of January.

When the snapshot will be taken ?

So what to do ? Just hodl and receive automatically the WCT ?

They should be in your wallet not on exchange.

Fine ! So I only have to hodl on my wallet and wait for the 15th Jan. for the first wave of distribution.
This is really exciting, can't wait for all the upcoming features

[lestherat]

Luckily Bitcoin dont like eat Waves  

[NeuroticFish]

This is a nice trick to make people buy more waves (and I like the idea to persuade people to keep waves in their own wallet).
But I feel like after the snapshot the price of waves will be affected in a bad way, and it's already pretty bad.

Ohwell, let's see what will actually happen. At least it's something new, so I can't complain

[Twiggy Smile]

Draft of concept for Waves community token (WCT)

Waves community token is meant to provide a tool for community assessment of crowdfunding campaigns launched on Waves platform and incentivize  waves holders to keep their funds out of exchanges. Besides it should create an additional income stream for Waves token holders.

Waves foundation is supposed to be a virtual organization, DAO essentially. It will be launched in several stages based on technical maturity of Waves platform. Based on the current functionality the first stage of the asset implementation is going to look like that:

Waves community token will be distributed  in stages to all Waves holders excluding exchanges. The distribution will be executed  on the 15th of each month based on the current snapshot. 20% of all the assets will be distributed in the first month, with 10% distributed each subsequent month.
Projects coming to Waves platform may be endorsed by Waves community. In this case they give up a certain share of their token issue which is distributed to Foundation asset holders as dividends.

Through this users are incentivized to hold Waves community token and not to store Waves at exchanges.

Next stage of Waves community token operation will be using the upcoming voting functionality. WCT holders will be able to vote for the projects to be endorsed. It will provide some level of community-based KYC and screening. The logic behind holding WCT is a constant stream of dividend assets and the opportunity to participate in community endorsement.

The first distribution is going to take place on the 15th of January.

When the snapshot will be taken ?

This description is only a preliminary draft copy, so please wait for the official announcement, in which you will find a more detailed description of the entire process. Do not worry, of course it will happen until 15th of January

[Twiggy Smile]

I sent an email to slack administrators 5 days ago and have not received a response still. When can I expect a response

Check your email.

Checked. No response

In this case, log in to your account again.

[omedian]

Community token is a nice idea. I only hope the snapshot hasn't been taken yet as I still have a lot of Waves on exchanges(they go back to a wallet or full node this week-end).

To compare with my results, how rewarding is it for those with full nodes running LPos right now?

Would it be better (for the network I bet it is but for the reward I don't know...) to have all your Waves on only one Full node running for LPos or divide your stack into multiple nodes running with 10000 Waves in each?

[St.Stephan]

Gimmick. Bribing people to keep their waves off the exchanges.

Meanwhile price continues to sink. Waves team off in the Caribbean somewhere no doubt, writing more "weekly newsletters" where fiat gateways are "in the pipeline".

Must be tough to type and drink Mai Tai's with all that investor BTC, all at the same time.

[Muro]

Gimmick. Bribing people to keep their waves off the exchanges.

Meanwhile price continues to sink. Waves team off in the Caribbean somewhere no doubt, writing more "weekly newsletters" where fiat gateways are "in the pipeline".

Must be tough to type and drink Mai Tai's with all that investor BTC, all at the same time.

You are a snake full of venom, spiteful and bored with your comments.

[nopecaze]

Community token is a nice idea. I only hope the snapshot hasn't been taken yet as I still have a lot of Waves on exchanges(they go back to a wallet or full node this week-end).

To compare with my results, how rewarding is it for those with full nodes running LPos right now?

Would it be better (for the network I bet it is but for the reward I don't know...) to have all your Waves on only one Full node running for LPos or divide your stack into multiple nodes running with 10000 Waves in each?

You can check it here: http://www.wavesgo.com/

3.271 Waves earned by nodes in the last 24h, I have stopped staking as the rewards are terribly low and probably wont cover electricity costs.

Combine this with only 3.7M Waves staking out of 100M total and you can see why many have abandoned the project.



Unfortunately, I have suffered significant losses with Waves, The only person who will make millions from Waves is Sasha and Team waves.

This project should have been abandoned when Kushti (The only person with blockchain dev experience on the Waves team) distanced himself from Waves during the ICO. It was a terrible decision and nothing more than a cash grab to continue the project without the founder of the scorex platform or any experienced blockchain developers, it was too much money for Sasha to turn down.

Waves is just one disappointment after the other. Anyone thinking that it will ever go up significantly past the ICO price is mistaken, the damage has been done.

No reputable business will ever use Waves.

And when I thought things could not get worse, now it has turned into Supernet Ponzi 2.0 with assets inside assets inside assets with none of them having any tangible value or real world utility. There may be a small pump before the snapshot for the community token/security, but there will be an even bigger dump after.

It will not be long before the SEC comes knocking, the security that is being called a "community token" will open Waves to legal troubles. The fact Sasha has announced this and is proceeding without seeking sufficient legal advice should be a red flag for all.

[Ziefa]

How to join the slack channel? Invite page does not work at this time.

[The-Accountant]

Gimmick. Bribing people to keep their waves off the exchanges.

Meanwhile price continues to sink. Waves team off in the Caribbean somewhere no doubt, writing more "weekly newsletters" where fiat gateways are "in the pipeline".

Must be tough to type and drink Mai Tai's with all that investor BTC, all at the same time.

You are a snake full of venom, spiteful and bored with your comments.

He does have a point though 

[omedian]

Community token is a nice idea. I only hope the snapshot hasn't been taken yet as I still have a lot of Waves on exchanges(they go back to a wallet or full node this week-end).

To compare with my results, how rewarding is it for those with full nodes running LPos right now?

Would it be better (for the network I bet it is but for the reward I don't know...) to have all your Waves on only one Full node running for LPos or divide your stack into multiple nodes running with 10000 Waves in each?

You can check it here: http://www.wavesgo.com/

3.271 Waves earned by nodes in the last 24h, I have stopped staking as the rewards are terribly low and probably wont cover electricity costs.

Combine this with only 3.7M Waves staking out of 100M total and you can see why many have abandoned the project.



Unfortunately, I have suffered significant losses with Waves, The only person who will make millions from Waves is Sasha and Team waves.

This project should have been abandoned when Kushti (The only person with blockchain dev experience on the Waves team) distanced himself from Waves during the ICO. It was a terrible decision and nothing more than a cash grab to continue the project without the founder of the scorex platform or any experienced blockchain developers, it was too much money for Sasha to turn down.

Waves is just one disappointment after the other. Anyone thinking that it will ever go up significantly past the ICO price is mistaken, the damage has been done.

No reputable business will ever use Waves.

And when I thought things could not get worse, now it has turned into Supernet Ponzi 2.0 with assets inside assets inside assets with none of them having any tangible value or real world utility. There may be a small pump before the snapshot for the community token/security, but there will be an even bigger dump after.

It will not be long before the SEC comes knocking, the security that is being called a "community token" will open Waves to legal troubles. The fact Sasha has announced this and is proceeding without seeking sufficient legal advice should be a red flag for all.

St.Stephan, could you go troll elsewhere please.

[nopecaze]

Gimmick. Bribing people to keep their waves off the exchanges.

Meanwhile price continues to sink. Waves team off in the Caribbean somewhere no doubt, writing more "weekly newsletters" where fiat gateways are "in the pipeline".

Must be tough to type and drink Mai Tai's with all that investor BTC, all at the same time.

You are a snake full of venom, spiteful and bored with your comments.

He does have a point though  

Anyone that is not a Waves cheerleader will be shunned, but he is right. The only thing Waves can do right is produce weekly newsletters with the CEO constantly shooting himself in the foot with his own timelines.

Even the new blockexplorer that was just released looks like it was developed by someone from one of those five dollar freelancer sites. Not the quality you would expect from a project with a team of thirty and millions in the bank.

[nopecaze]

Community token is a nice idea. I only hope the snapshot hasn't been taken yet as I still have a lot of Waves on exchanges(they go back to a wallet or full node this week-end).

To compare with my results, how rewarding is it for those with full nodes running LPos right now?

Would it be better (for the network I bet it is but for the reward I don't know...) to have all your Waves on only one Full node running for LPos or divide your stack into multiple nodes running with 10000 Waves in each?

You can check it here: http://www.wavesgo.com/

3.271 Waves earned by nodes in the last 24h, I have stopped staking as the rewards are terribly low and probably wont cover electricity costs.

Combine this with only 3.7M Waves staking out of 100M total and you can see why many have abandoned the project.



Unfortunately, I have suffered significant losses with Waves, The only person who will make millions from Waves is Sasha and Team waves.

This project should have been abandoned when Kushti (The only person with blockchain dev experience on the Waves team) distanced himself from Waves during the ICO. It was a terrible decision and nothing more than a cash grab to continue the project without the founder of the scorex platform or any experienced blockchain developers, it was too much money for Sasha to turn down.

Waves is just one disappointment after the other. Anyone thinking that it will ever go up significantly past the ICO price is mistaken, the damage has been done.

No reputable business will ever use Waves.

And when I thought things could not get worse, now it has turned into Supernet Ponzi 2.0 with assets inside assets inside assets with none of them having any tangible value or real world utility. There may be a small pump before the snapshot for the community token/security, but there will be an even bigger dump after.

It will not be long before the SEC comes knocking, the security that is being called a "community token" will open Waves to legal troubles. The fact Sasha has announced this and is proceeding without seeking sufficient legal advice should be a red flag for all.

Waves just became Supernet 2.0

[willowfoot]

what is the waves ICO price?

it's in the 18000's now 

[sweeeter]

what is the waves ICO price?

it's in the 18000's now 

Like 36k without bonuses but btc was around $500 if i remember rightly. All alts are getting raped, this shit coin is actually doing better than most.