who has heard of Baikal token?, saw growth on the waves exchange today 80%
That is inside job so don't fall into this trap someone trying to make scam and want to dump this trash with this trick. Keep this in mind more than 99% of tokens on that exchanges are just trash so be careful when you see this kind pump there.
Actually, that is one major problem in waves dex. Almost all assets are not doing good in trading performance. If you found one, more than likely they are in the pump and dump mode so you really need to be very careful. I don't know how can waves attack this long running problem. This is also the reason why very few projects are choosing waves as their platform. But to be honest, waves is very easy to use and very economical yet most waves assets haven't attracted the strong support of the crypto community.
For small business with real products but who cannot get into stock market listing, waves is a decentralized alternative to organize capitalization and investor relations by securitizing their tokens because crypto is similar in function to stocks.
When merchants understand the basic concept that crypto = stocks with more functions, then this will be more used because instead of company stock, business will have branded cryptos.
No more regulatory gatekeepers. Very good for small business growth.
Waves team must advertise this to both merchants and consumers by marketing options such as invitationals or direct mail inorder to capture market share before this evolution is beginning.
Waves strength is consumer friendly UI, it is very easy to integrate with any small business and adapt crypto/crypto payment gateways through mobile pay.
Marquise $Museum is preparing a display of investment portfolio in Copenhagen and Prague Airports this winter if we can raise the money to produce the $M-1 Asset. Then, everyone will understand how Waves work because they can see one project in the real world who is already using it.
Some of Waves funds can be sent every month to Ambassador projects already successful on the platform so that these projects can promote Waves in their respective industry. This is like high level influencer marketing:
https://mediakix.com/blog/brand-ambassador-program-influencers-tips-examples/Waves gives away alot of money to developers, but it forgets mainstream user and merchant onramping, big strategic mistake. Must capture market share early.
Perhaps, subsidize top projects with influencer capital, 4000 waves every month. It is needed to attract new users outside professional traders, gamblers and devs who are the only ones now active in this market.
I have a team of book binders, jewelers, publishing studios and artists who are waiting to help promote Waves. There are connections with Paradies Lagardere who own 85 airport shops in America:
https://www.paradieslagardere.com/na-locations****
I also think the following problems must be fixed before Waves can be introduced to the merchant and consumer base:
1. Russian army cannot buy the future for $120 million through Vostok, they need to pay fair value and buy waves in open market which will cost them minimum $20 billion for 50% majority stake
2. Bettertokens is a centralized puppet organization controlled by the establishment elite to gatekeep the decentralized ecosystem. BT is a particularly underhanded way of subverting this free zone. I believe it was part of Ivanovs plea package to avoid prosecution for nr.3. Trustamust is a good alternative and qualified tokens should be included in the wallets portfolio section automatically as they are now only visible in the trading section.
3. Coinomat intermediation. People will not want to deposit their savings in a potential trap that they cannot withdraw from since coinomat is controlling all funds that are transferred to and from waves wallets. This is very bad and absolutely not any form of decentralization or capital freedom. So the coinomat interference must be dissolved and permitted for users to transfer funds directly to wallets.
4. The true level of decentralization in waves platform must be understood. It seems some centralized entity can now control blacklisting of coins, and display banners in every users wallet. Well, what other tricks can they perform? What is the limit of this power? Many years ago Poloniex staff analyzed waves source code submitted by Ivanov for a listing request, and they discovered backdoors that allowed staff to change anything. Is there some credibility to this assertion?
5. Waves keeper. Browser apps are vulnerable to exploits. The app is stored locally apparently, but maybe there is some vulnerability we do not yet know about.
6. Revenue strategy for waves team. Reserve 5-10% of all future transaction fees and some percentage of token issuance fee for team so that mainstream stock analytics can be implemented for this invention. The valuation metric now is only from amount of users but there must be revenue at some point from some source.
7. Inflation of coin supply should be backed by revenue otherwise it is of no value. Masternodes decreased -99% with this method. BTC requires computing power so there is a barrier of operations, but proof of stake does not require any effort beyond initial resource acquisition. So where is the value coming from? Must be revenue backed.
8. User interface in its current form is good for professional investors, but mainstream will be attracted to visual spectacles like video game lobbies, casino UI and personalized avatars for social interaction. Waves is collaborating with video game entrepreneurs and there is much development potential to gamify investing and blockchain computing. Competition from big gaming companies will be impossible for Waves, so this must be completed long before they enter market. Waves can take inspiration from card games such as Blizzards Hearthstone and convert them into VR merchant bazaars. It is only the UI that needs development because the social and commerce infrastructure is already developed and does not require any other input because it is the users who create the commercial ecosystem. VFX implementations are light weight because they are only design elements and not complex animations.
Look at this video of the card game Heartstone, and think about how this could work with waves tokens and the dex wallet by using their UI and animations combined with project data such as sales and profit, team, market. There must be micro rewards for using the platform and because it is a trading platform this is very easy to develop. A micro reward can be a sound or animation and does not have to be money based:
https://www.youtube.com/watch?v=iMBUwF2va2E
