WAVES is a decentralized platform for crowdfunding and the creation of digital tokens. Waves’ core business is asset/custom token issuance, transfer, and trading on blockchain. One of the project’s key features is simplicity of use and mass implementation. Proof-Of-Stake is expected to be used as the consensus algorithm. In June 2016, Waves completed the ICO, raising over USD 16 million (30,000 bitcoins). Waves is a top-10 blockchain project in terms of crowdfunding investments. Presently, the company’s capitalization about USD 500 million. Many startups, including MobileGo, ZrCoin, EncryptoTel, PrimalBase and Starta Accelerator held their ICOs via the platform. The partners of Waves include Microsoft, Deloitte, Burger King, CROC, National Settlement Depository, Astana International Financial Centre, etc.