Waves (WAVES) created this project, Waves Lab, which is a blockchain technology incubator. This project works focusing on pre-ICO teams and projects to help them stabilize and ready to launch.
The following are the 3 new residents inside this “laboratory”:
Payomat- a blockchain-based payment processing system created in order to help merchants, consumers and crypto core teams to find each other and create a traction for cryptocurrencies as an emerging method of everyday payments. Their pre-sale will start on April 2nd.
The team from Payomat will receive:
-Advisory support- token economics and market fit and overall ICO advisory;
-Marketing Advisory- access to Waves community, Public Relations activities and consulting on project communications strategy;
-Funding allocation- The incubator will make 100,000 WAVES available has a funding budget in exchange for PTI tokens.
-Network resources: help with networking potential partners, funds, advisors and private investors.
Yurii Olentyr, Payomat CEO said: “Payomat is expanding internationally, aiming to bring cryptocurrency usage to everyday life. (…) Participating in the Waves Lab is a great boost, backing us with funding and advisory support as well as the endorsement of an influential worldwide community. We choose the Waves platform because it is very flexible and simple to work with. We easily customized our PTI token using Waves (WAVES) smart contracts kit. (…) The speed of transactions in this blockchain is lighting fast, which is also and important factor for the user experience of our community members.”
Tradingene is the second Waves Lab new resident. This blockchain-based project is bringing algorithms to the marketplace, which gives the users the ability to create and deploy them to trade cryptocurrencies. Only in the last 3 years of development, their team was able to attract more than 300 algorithm creators from highly regarded institutions, including programmers and mathematicians experienced in creating trading strategies.
Tradingene will receive a detailed audit, ICO and marketing advises from the Waves Lab, as well as access to the Waves community and Public Relations activities. This project will also gain access to the enormous network of partners, funders and contacts of the Waves Lab incubator, including private investors and key crypto influencers.
COO of Tradingene, Sergey Kuzmin said: “Whilst most ICOs nowadays use the Ethereum blockchain, Tradingene will employ the fastest and cheapest blockchain- the Waves platform– because we are not simply pursuing short-term benefits but thinking on a fundamentally different timescale. (…) We want to provide our investors with uncompromising benefits and flexible functionality, and Waves as well as Waves Lab give us the right tools to do this. (…) Waves and Tradingene are looking in the same direction and putting customer experience at the heart of their products.
The third participant is Digilira: a platform that allows users to convert Turkish liras (TRY) into cryptocurrency tokens, named WTRY, on the Waves DEX. This token will be issued on top of the Waves platform, backed with 1:1 by real Turkish liras. Since their project started, in December 2017, over 10 million Turkish lira have been deposited and withdrawn from the Digilira gateway, and over 2,600 Waves wallet have been created via Digilira.
Since the incubation started Digilira already received a small amount of start-up funding and the prized status as the Official Waves gateway of the Turkish lira. Waves Lab representatives will work in partnership with the project helping in issues, such as, adding cryptocurrency gateways to the Waves platform, consulting other projects that want to open a local gateway and developing solutions for quickly launching any of these gateways.
COO of Waves Lab Vitaliy Tsigulev comments, “We are very pleased to see such strong ICO projects as Tradingene and Payomat among the participants of the Waves Lab incubator. These are very professional teams that have been developing their companies for many years before holding a token sale.” And also adding “The Digilira project should be singled out separately, because we believe this is an excellent example of uniting the active local Waves community, thanks to which residents of the whole country have more ways of accessing the cryptocurrency markets.”