Is the Waves Blockchain platform now dead?

Waves Platform

Waves is an open-source blockchain platform, designed for mass adoption. It launches in 2016, waves have been kept working to fulfill its vision of creating a truly unique blockchain product that will be an industry standard in providing the most versatile and straightforward tokenization for everyday use, all this depends on the success of waves platform.

 

Features of Waves

The key feature of the waves, it keeps decentralized assets such as BTC/ETH on the centralized exchange. Some hacks like MtGox and Bitfinex are a good example of this level of stupidity. Wavedex is a decentralized exchange built in waves blockchain.

 

Other features of the waves are given below

Smart contracts

Tokenization

Fiat Gateways

Best of both world

KYC/AML

ICOHUB

Market Cap of Waves

As per CoinMarketCap the total circulating supply of WAVES is 100 million tokens, and the current price of each unit is $6.88, which makes its market cap approximately $686 million.

 

Is Waves Platform Dead

Perhaps, there is a list of outright scams and which is suggest that this platform is definitely not worth for future because if you’ll still do that you’ll lose out. Waves is a broken and completely misleading platform. They used hidden bugs forms which is hard to identify for an individual who is investing in that.

 

Key factors which prove waves platform dead

1. You deposit BTC and you can’t do anything, the platform suggests you get to the faucet or a forum and beg for waves so you can make your first trade. But in the waves, you cannot buy it with BTC because to buy waves you should already have waves and for the further things as well.

2. No contact of support system, they want you to post publicly about your problems on their forum but they have a censored and moderate platform to control so if you are facing any problem and posted there, the public will never see it as they control this medium.

3. A BTC fee of .001 for a gateway fee, but after depositing BTC here losing a percentage and then losing more of the scam waves token, now you have to pay a gateway fee for using a blockchain to withdraw it and that equals $CDN.

4. After charging over the site does not work and gives the error.

 

So here it can conclude now that waves platform is equaled to worth because of all these loopholes and also it is not that much updated to compare with other cryptocurrencies out there.

So, you can now that waves platform is dead.

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Janet F. Sanchez
Janet Sanchez writes articles which, considering where you’re reading this, makes perfect sense. She is best known for writing cryptocurrency related news and blogs. She also writes about business, finance, and technology. Working from home and taking care of her little son, she has a passion for writing.

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