Waves are the name of the both, a proof of stake blockchain and the cryptocurrency that fuels that blockchain.
Waves enable you to make custom tokens, which means you can launch your own cryptocurrencies. You can also decentralize trading and crowdfunding, as it has integrated fiat currency gateways like USD/EUR/CNY right in your wallet.
Via Waves, you can also launch ICOs to fund your projects from around the world in a matter of minutes, without going through intensive cryptocurrency coding. This will make life easier for startups and open up a new era of community-backed projects.
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