Topic: WAVES - Complete Blockchain ecosystem for a token economy - page 176. (Read 131367 times)

Not all token have tags, but spam tokens (which are mostly scam) are being separated, so they should be automatically ignored by Waves client users. Also, each of us has a big role too to avoid being scammed (I listed some reminders below).

1. Just stick to known tokens if you want to invest
2. If you want other token, you should do further reseach about it before investing (ignore those that have no development, no info online, etc).
3. Should not be swayed by the price of airdropped token that allows only to buy, but not to sell what has been airdropped

please attention to assets because there are so many scams and harming some people who invest, I believe in the waves project but it is very bad with its assets and it might bring together its own wave project

Hello maximumcoin! I recommend you to read this article to get more technical details regarding your question - https://docs.wavesplatform.com/en/waves-blockchain/waves-protocol/cryptographic-practical-details.html You can discuss this question by using our forum also - https://forum.wavesplatform.com/

Best regards, Waves Community Manager

I read that with Ethereum wallet, if someone whom made mistakes by using poor wallets, their money will be stolen with truffle issues.
There is a article on this truffle issue: https://www.reddit.com/r/ethereum/comments/7j8l5b/warning_i_sent_eth_to_my_metamask_account/
So, I wonder that whether same kind of threats on Waves with its seed. If yes, can you share tips to avoid such stupid mistakes, please.

Yes, it will definitely happen but when is still unknown. I think Sasha posted about the coinomat swap on twitter a few weeks back. Can't find the post now but If I find it later I will post it for you

Another centralized exchange, A real DEX is own by the community and any coin can be trade regardless of its current status just like ED and FD,

WavesDex is another good example of a real DEX Exchange.

Is Coinomat asset swap going to happen?

When I started in the crypto space I was advised to create a token on the Waves platform, not long thereafter Ethereum dominated the chats I was having with different people and Waves stayed behind. So, now it seems that Waves has little significance in the token launch market.

Absolutely right! Less than 5% ICOs survived and delivering product and the rest turned to indirect scam exit, The actual bear market is mainly caused by ICOs, Same scenario will happen to IEOs because What does easy come! easy go... IEOs projects gather millions of dollars in few seconds with no guarantee to deliver product or exact time frame which product will be fully operational ,what you get in exchange is just ERC20 token which its value drop by time, I'm not really a big fan of ICOs or IEOs because last three years proved that ICO was just a scam in legalized way.

IEOs , especially scam IEOs are much worse then ICOs, because it is likely double scam. Why do I use the phrase double-scam here? First, scam exchanges started their platforms to catch money of traders, their money will stuck on scam exchanges when those exchanges turn into scam exits; second, they started IEOs for their exchanges in order to catch another flow of money from investors, whom have interests to invest into their scam platforms (investors don't know platforms they invest their money are potential scam ones). That is why I use the phrase 'double-scam IEOs' for scam exchanges.

IEOs is just a new way for exchanges to make out more $$$ in these market conditions. I think IEOs will be hot for a couple of more months after that they will meet with the same faith as ICO.

IEO's are even worse than ICO's

Just another name for the same thing, though this time the exchange makes more profit

Waves has a DEX, and it's the most important part of it, I think. But it's not being developed. Now it's time of IEO, the time of ICO is over. But Waves's DEX doesn't offer IEO campaigns and it's a big mistake. Investors's are looking for profit. But there is not much profit without IEO and they started to leave. The same will happen with all other exchanges who don't offer profit to it's investors.

IMO they both will play there own important role in the crypto-verse.In wavesDEX, we are able to trade all WAVES based tokens but I think in binance we will be limited to a few coins and token.

Last time waves show a good token price position. My favourite feature is waves DEX.

TSA is suitable for enterprise level or fortune 500 companies who wish to migrate their business to blockchain, so of course there is multi trillion dollar value potential in this respect, but it is mostly from migrated and proprietary business, for waves the value extraction will be enabled if it becomes Nasdaq 2.0 with trading and transfer fees determined in waves. What we will get then is a crypto clone of the present economic model with the same players but now on blockchain instead with all the censorship enabling capabilities that this technology brings, so the ideology of Satoshi will then have been fully subverted.

TSA requires correspondence with financial regulators in issuant jurisdictions = surrending all control over the tokens with possibly criminal charges for any wrong doing or non compliance. It also requires banking collaboration which means that banks can decide on a whim to freeze assets or shut down token owners bank accounts if they are not satisfactory. All other risk compliance and KYC/AML of Bettertokens is a very efficient way of squeezing any free market value out of waves that small business owners might otherwise have contributed by buying into waves and providing market making liquidity to their branded coins.

WAVES is trying to structure its platform in preparation for enterprise onramping but at the same time this regulatory compliance will alienate the original decentralized community.

From a business and money making perspective, this community engages in speculative behaviour and there is no traditional consumer product demand beyond tokens and novel coins it seems after having provided market making for Marquise $Museum for more than 1 year.

It remains to be seen if Waves can attract the big players to their innovative platform and what the sacrifice then will be in terms of decentralization and free market economy.

All of the above is highly speculative at this point in time and if successful the platform will become a household name and there will be high valuation but also high competition from other platforms like Ethereum and Stellar.

The UI must be completely revamped alongside this brand rediscovery and ticker pairing should be limited to btc waves and usd because it's a mess right now and the text is too small.

Waves is already planning to have a decentralized review process for tokens and these should then be indexed on a sister platform for small business owners similar to Russell 2000 or Small cap on Nasdaq without the rigorous TSA requirements.

It is possible for Waves to permit both types of economic and philosophical paradigms of this new frontier mixed with old business without alienating the original ICO participants but short term it might suffer in market cap and ranking simply because of the high standards of operation it is attempting to satisfy.

Dollar adjusted market cap with lower barrier to entry for small business indexing while minimizing spam tokens can easily be $70 to $200 within 1 year if the decentralized and censorship resistance model is retained. What we have then is an early version of something similar to ebay combined with twitter.

If the focus instead is on enterprise solutions, as I believe it is for Vostok and was not intended for Waves, then Waves value proposition can certainly stagnate indefinitely at less then $1. So until this speculative analysis is confirmed by actual enterprise onramping, then the value of the platform after june 15 is not much once tickers are removed on the dex for unverified tokens because that is a significant branding utility aspect of the dex. I believe that the team is moving towards enterprise and government solutions through Vostok because the performance of token generation and demand on WAVES has been lacking for small investors and small business so far.

June 15 ticker removal has a very easy to solution to implement a tiered indexation of tokens that opens a spectrum between 1 waves token issuance fee and TSA Nasdaq level qualifications and the 1k fee. Vetting can be community guided or by fulfilling tiered KYC similar to how centralized crypto exchanges operate. The dex can be catalogued with several color coded pages from tier 1 to 5 that users can browse instead of the singular main page that we have now and that is a mess because of multi pairings. Optionally, tokens themselves can be color coded green/yellow/blue/black depending on tier.