The Wave's Liteclient allows you to trade within the wallet in it's DEX (exchange), as well as create your own blockchain token within 1 minute, where you can specify the name, # of tokens in circulation, if it is re-issuable or not, and how many places after the decimal (.). In only a matter of months, over 3,000 tokens, which can be entire economic world's unto themselves, have been created. The possibilities to how businesses and users can use these tokens is nearly endless. The DEX also allows you to trade vs any token that exists on Waves, for example, BTC, ETH, USD, EURO, MGO and many others. There are also fiat gateways for wiring in and out USD and EURO, with more gateways coming soon as well as big DEX updates very soon!
Soon Wave's will have 1,000 tx/s and non-turing complete smart contracts. It is an ICO/token creation/trading platform amongst other things. Transfers cost only .001 waves, and can also get much cheaper for large volume transaction processors, and trades cost .003 waves instead of a percentage like Polo or Bittrex or normal exchanges who charge between .1-.25% typically. You can also trade EURO/USD on there! Soon CNY too. Basically it will become a traders paradise, as well as specific use case paradise with regards to the ease of creating a token within wallet.
You can lease your Waves from within the Liteclient within 1 minute also, for a one time cost of .001 wave fee, and then you begin earning revenue from the nodes which validate the transactions on the network. It's pretty amazing. Dividends while you sleep without having to run your own node, and you can cancel at any time, and the Waves never technically leave your account. All this in Leased Proof of Stake (LPOS).
Pretty sweet platform with an amazing future coming up. I wonder how many people even know about it yet?
It really is surprising how waves adopted smart contracts. Also, I think token creations on waves are easier than token creations on ethereum which makes me wonder why others choose ethereum more than waves to use in token creation if it is more convenient? As far as I know, waves has a signature campaign running OP so probably by now it is known by at least near half of bitcointalk users or more than it.