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Topic: WAVES. Ultimate crypto-tokens blockchain platform. - page 1771. (Read 2389197 times)

hero member
Activity: 602
Merit: 500
ok so what's the value of that to me? 1 btc or more?

I am not quite sure I understand your question. If you deposit 1 BTC, then your Waves are worth 1 BTC (plus bonuses).
hero member
Activity: 1274
Merit: 646
This is why i think there needs to be a disclaimer under the token amount, seems like the majority of people don't understand that the number they see isn't the final amount they will get.
full member
Activity: 201
Merit: 102
Wait, if I invest 1 btc, how much Waves will I got? Can somebody calculate?

(Total BTC invested in the ICO + 1240) BTC = 85 million Waves

And you will need to add bonuses.


The ICO page now shows 9633 BTC raised, so it makes 1 BTC = 7818 Waves. If that BTC was deposited in the first day, let's say, we should add 20% to 7818. And tomorrow, that 9633 will increase because of the new investments, so the equation will change accordingly.

Where does that 1240 comes from?

It is there to fix the combined effect of the bonuses. If you calculate how much Waves you will have for 1 BTC, you will yourself find that 1240 from the long way.

ok so what's the value of that to me? 1 btc or more?
legendary
Activity: 1442
Merit: 1000
Antifragile
Wait, if I invest 1 btc, how much Waves will I got? Can somebody calculate?

(Total BTC invested in the ICO + 1240) BTC = 85 million Waves

And you will need to add bonuses.


The ICO page now shows 9633 BTC raised, so it makes 1 BTC = 7818 Waves. If that BTC was deposited in the first day, let's say, we should add 20% to 7818. And tomorrow, that 9633 will increase because of the new investments, so the equation will change accordingly.

Your description makes much more sense (and is much more accurate) than that spreadsheet. (I am not meaning to be critical of the spreadsheet, just sharing.)
legendary
Activity: 1442
Merit: 1000
Antifragile
I am a bit confused by these numbers. For example, if I put in .75 BTC on 4/26 and .25 BTC on 5/9, according to your graph I should have gotten, respectively, around 11,303 (=.75/.00006635) + 2731.9 (=0.25/00009151) = 14034, but I see 9580 LISK. 4454 are missing, around 46% off. Something is very off here.

Have I made a mistake or what is wrong here?

Thanks in advance,
IAS

Nope you cant see any LISK there Grin

As more BTC is invested in ICO = number of WAVES in your wallet will be lower.
But less quantity (number of WAVES) = more value (higher price).

The numbers are off across the board though. At one time they should have been correct and according to my screenshots, never were.
I mean what is the point of having a spreadsheet showing the amounts if I have not found them to be true a - at the time of purchase, b - later on and c - right now?
legendary
Activity: 2310
Merit: 1000
Is a Waves wallet to be released the same time the ICO ends?

We are testing lite wallet atm with basic functions, will be ready for public testing near the end of ICO. Official version will need to go through appstore submission also.

You will be able to withdraw your tokens still to the exchanges wallets after the ICO ends.
hero member
Activity: 602
Merit: 500
Wait, if I invest 1 btc, how much Waves will I got? Can somebody calculate?

(Total BTC invested in the ICO + 1240) BTC = 85 million Waves

And you will need to add bonuses.


The ICO page now shows 9633 BTC raised, so it makes 1 BTC = 7818 Waves. If that BTC was deposited in the first day, let's say, we should add 20% to 7818. And tomorrow, that 9633 will increase because of the new investments, so the equation will change accordingly.


Where does that 1240 come from?

It is there to fix the combined effect of the bonuses. If you calculate how much Waves makes 1 BTC, you will yourself find that 1240 from the long way.
full member
Activity: 201
Merit: 102
Wait, if I invest 1 btc, how much Waves will I got? Can somebody calculate?
legendary
Activity: 2310
Merit: 1000
So it was like a company or something that we have our share by just owning some waves.

So waves holders will get something like a dividend from shares in a company.
I am more interested in the value of tokens themselves as a means for trading goods and services.

Waves is blockchain transport layer with Waves token being the fuel of whole platform above incentives from the network itself, used in all transactions, assets creations, trading, conversions etc.
newbie
Activity: 32
Merit: 0
I am a bit confused by these numbers. For example, if I put in .75 BTC on 4/26 and .25 BTC on 5/9, according to your graph I should have gotten, respectively, around 11,303 (=.75/.00006635) + 2731.9 (=0.25/00009151) = 14034, but I see 9580 LISK. 4454 are missing, around 46% off. Something is very off here.

Have I made a mistake or what is wrong here?

Thanks in advance,
IAS

Nope you cant see any LISK there Grin

As more BTC is invested in ICO = number of WAVES in your wallet will be lower.
But less quantity (number of WAVES) = more value (higher price).
hero member
Activity: 1274
Merit: 646
Guys, I made a big update of my worksheet.

Now, price includes bonus.

Please, have a look and confirm or not my calculs are corrects.

https://docs.google.com/spreadsheets/d/1-G1LMDjAX9roVJDuhVewGG_pykSLIprWAElwO-6TcRA/edit?usp=docslist_api

I am a bit confused by these numbers. For example, if I put in .75 BTC on 4/26 and .25 BTC on 5/9, according to your graph I should have gotten, respectively, around 11,303 (=.75/.00006635) + 2731.9 (=0.25/00009151) = 14034, but I see 9580 LISK. 4454 are missing, around 46% off. Something is very off here.

Have I made a mistake or what is wrong here?

Thanks in advance,
IAS

As more people invest the total amount of waves you own will decrease, but the total value of waves you own will stay there same.

Essentially, more people buying = more expensive but less.  $100 of waves is still $100 of waves, it's just they are worth more now.
sr. member
Activity: 335
Merit: 250
Is a Waves wallet to be released the same time the ICO ends?
legendary
Activity: 1382
Merit: 1002
I've been curious about WAVES since the start of this thread, but haven't spent the time to research beyond what information is in the OP.  Still a bit hesitant to get in during the ICO, so I ask you all this:

What is WAVES bringing to the table that merits an investment?  

Recently I've been under the impression that the majority of ICOs attempt to lure in buyers using fancy wording, massive walls of text and nonsensical  technical jargon.  So many coins claim to offer 'useful new features' or 'the next standard' when in reality they're nothing more than an average clone with a shiny new GUI; all its investors merely in it to make a quick buck before moving on to the next.

Serious answers please - I'm curious what WAVES has to offer. What I'm most interested in is if anything new is being brought to the table.

Sell this to me, guys - I'd love to be a part of the next big thing Wink

Thanks in advance!

@Arrakeen,

Unlike many other crypto-initiatives, the Waves platform has unique real use cases that prove to be superior to the substitute centralized services at the moment. There might be a lot use cases for it, but let me tell you the most prevalent and featured ones.

First of all, we need to understand the underlying technology. It's asset-to-asset trading. That simple, actually. But the opportunities this feature will bring about is countless and enormous. It means that you will be able to create your own asset (like you can do with Counterparty or Nxt), and trade it against other assets created by others.

Now let's take a look at the real use cases.

1) Fiat integration: If a financial company creates its own asset and says that "I will sell this token for 1 USD and also buy it back at the same price," and comes up with a legal document showing its liability for the convertibility of the asset into real USD, then that asset is the USD-token. Its value is 1 USD, backed by real USD held in the bank account of that financial institution.

Now it means that you can trade any crypto-asset created in the platform against that USD-token. What are those assets in the platform? BTC, for instance, or ETH. So it means there is no need to worry about the reliability and security of the centralized exchanges. Bitfinex, Poloniex, Coinbase etc... In those hackable systems, you store your cryptos in hot wallets, and pay tons of transaction fees. But when you trade in the decentralized exchange of the Waves platform, you will hold your cryptos as well as your fiat in your Waves wallet, and the trading fees are just the network fees of the platform, that is, a few cents.

2) Crowdfunding projects: Think of it like a decentralized Kickstarter. You may issue your own token and sell it against USD in the platform. The positive consequences of such an application is apparent. You don't pay fees to a middleman. Your shares in the crowdfunding project is tradable. So it's like the company gets listed in a stock exchange right in the crowdfunding phase. And you don't have to take into account the price volatility of bitcoin, since you get the money already as USD.

3) International money transfers: That's a straight conclusion of the fiat integration. There will be many gateways in many countries, each issuing their local currency. Now if Alice wants to send 100 USD to Bob, and Bob wants EUR instead of USD, it's easily achievable by buying USD-tokens, converting them in the decentralized exchange to EUR-tokens and then send them to Bob, who will then use the EUR-gateway to get the tokens converted and sent to his bank account.

Now this is what disrupts the traditional centralized model most. A platform to be the infrastructure of a wide range of companies which are competitors of Kickstarter, PayPal, and Bitfinex. I hope the long-term potential is obvious here. So why invest in Waves? Because each transaction in the platform will require a transaction fee, which is payable in Wave tokens. So the adoption of the platform means the demand for the Wave tokens, which should increase its value.

Note that the Waves platform doesn't only serve to the cryptocurrency community, but because of the fiat integration, it aims to be the decentralized network for the non-crypto folks as well.

I hope that counts as an explanation, and I hope you join us!

Best,

Jian

A great and informative post Jian, thanks for taking the time to write this!
legendary
Activity: 1382
Merit: 1002
Can somebody update me? I just want to remember/know, is there an official launch day? (I know the ICO will be open for 11 days more)

Is any bonus still available?

Thanks, sorry for my english


I think launch day is the 1st of June. There is no more bonus now I think. Goodluck! Your english is fine man!

From what I recall, the sales of Waves tokens will end the 1st of June, while the waves platform will launch some time this summer. So far the plan is to have wallets available when the ICO ends and that exchanges will be able to start trading once the tokens are paid out to everyone.
legendary
Activity: 1442
Merit: 1000
Antifragile
Guys, I made a big update of my worksheet.

Now, price includes bonus.

Please, have a look and confirm or not my calculs are corrects.

https://docs.google.com/spreadsheets/d/1-G1LMDjAX9roVJDuhVewGG_pykSLIprWAElwO-6TcRA/edit?usp=docslist_api

I am a bit confused by these numbers. For example, if I put in .75 BTC on 4/26 and .25 BTC on 5/9, according to your graph I should have gotten, respectively, around 11,303 (=.75/.00006635) + 2731.9 (=0.25/00009151) = 14034, but I see 9580 LISK. 4454 are missing, around 46% off. Something is very off here.

Have I made a mistake or what is wrong here?

Thanks in advance,
IAS
member
Activity: 106
Merit: 10
Why has Waves development stagnated? By the way, i only see this person with this pseudonymous "gagarin" commiting changes on core. So right now is there only one person developing on Waves platform? I was willing to invest, but i don't see it gaining power on development here. Yelllow flags???


we're testing the lite client now. after that we'll continue the development. priority is a good and stable network and the POC lite client.

Cool, there'll be a lite client too, I didn't know that!
hero member
Activity: 602
Merit: 500
So waves holders will get something like a dividend from shares in a company.
I am more interested in the value of tokens themselves as a means for trading goods and services.

@Batmanvsduecare,

Do you arrive at this conclusion because of something I said?

Best,

Jian
hero member
Activity: 560
Merit: 501
One last push and we could beat the LISK ICO.

Lisk ICO was terribly behind us at this point, they raised most of their money in the last week  Wink
hero member
Activity: 630
Merit: 500
One last push and we could beat the LISK ICO.
full member
Activity: 175
Merit: 100
So waves holders will get something like a dividend from shares in a company.
I am more interested in the value of tokens themselves as a means for trading goods and services.
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