Study of ICO projects that issued tokens on Waves

in #cryptocurrency6 years ago (edited)

Study of ICO projects that issued tokens on Waves.jpeg

Waves is a blockchain platform that enables users to create, distribute and manage digital tokens. These capabilities have been used by a number of organisations that have run crowdsales on the platform.

In December 2017, the Waves platform launched the Waves Lab incubator, which selects and supports blockchain startups. The incubator team has studied one hundred projects that have either already completed their crowdsales, are currently raising funds, or are planning to hold a tokensale on Waves.

The authors’ study included information only on projects that submitted data to the ICObench ICO tracker. Information on projects that submitted incomplete data to their ICObench profile was clarified using CoinMarketCap, official website pages, social networks and blogs.

Tokensale status

Tokensale status

100 projects have either used or are going to use the Waves blockchain platform to issue and sell tokens between April 2016 and March 2018.*

Out of these 100 projects, 65 have already completed their crowdsales, 20 are in the process of fundraising, and another 15 are planning their tokensales on Waves. ICObench has necessarily presented an incomplete list of projects that have issued or are going to issue tokens on Waves, so in reality​ there are more than 100 crowdsales on Waves.

Categories of completed tokensales

According to the ICObench tracker, there are 19 categories of project that have completed their tokensale campaigns:*

There are 19 categories of project that have completed their tokensale campaigns

Categories for all tokensales

According to the ICObench tracker, there are 25 categories of project that have completed an tokensale, are in the process of fundraising, or are planning a tokensale on Waves (i.e., all tokensales):*

There are 25 categories of project that have completed an tokensale, are in the process of fundraising, or are planning a tokensale on Waves

Top 5 categories of tokensales

The five most popular categories for all projects (i.e. completed, in the process of conducting their tokensale, or planning a tokensale on Waves) are:*

Top 5 categories of tokensales

Top 5 tokensales by funds raised

The five largest tokensale on Waves platform are:*

  • MobileGo: Mobile gaming platform
  • PeerBanks: Cryptographic pension asset platform
  • Wagerr: Bookmaking smart contract system
  • Primalbase: Commercial real estate project
  • ZrCoin: Zirconium dioxide production based on processing of industrial waste

Top 5 tokensales by funds raised

The average funding raised by projects with published data is $5,102,982. The known total for projects that have issued tokens on Waves is around $158.2 million.

Top 10 countries for project registration

The ten countries with the ​highest number of registered projects using tokens on the Waves platform are:*

Top 10 countries for project registration

Projects from Russia, the US, Canada, Singapore, the UK, the Netherlands, Ukraine, Australia, Bulgaria and Estonia make up 67% of all the projects that have issued tokens on Waves.

The registered countries of the remaining 33% of projects are listed below: Panama, Spain, Belarus, Belgium, Belize, Brazil, British, Virgin Islands,Chile, Cyprus, Georgia, Germany, Greece, Isle of Man, Israel, Kazakhstan, Lithuania, Malaysia, Malta, Mexico, Pakistan, Poland, Serbia, Switzerland, Taiwan.

The registered countries of the remaining 33% of projects

Dual token on Waves and Ethereum

Dual token on Waves and Ethereum

10 out of 100 projects have issued or are going to issue tokens on both Waves and Ethereum. Waves-Ethereum is the only example of a dual token on ICObench (i.e., no other blockchain platforms are involved at this point).

The Waves blockchain platform will introduce Atomic Swap technology in summer 2018. This will help users directly exchange Waves tokens for tokens on other blockchain platforms — for example, Ethereum. Atomic Swaps will significantly simplify and improve operations with dual token projects.

Participants of crowdsales that have issued assets on two blockchain platforms will convert their Waves tokens to Ethereum tokens and vice versa through Atomic Swap functionality. Ultimately, the users will not need exchanges — only the wallets of the sender and the recipient will be involved in the exchange operation.

Study Conclusions

  • Projects offering solutions for the cryptocurrency community, platform models and investment are most in-demand by participants of tokensale. Startups that provide services for businesses and the entertainment industry are also popular.

  • Waves-Ethereum is the only example of a dual token on ICObench.

  • The Waves platform is most popular among Russian and North American projects. The combined share of startups from Russia, the US and Canada is 40% of the total number of companies that have already issued or will issue tokens on Waves.

  • Projects from 25 industries and 34 countries have already run or will run their tokensales on Waves.

  • The five largest crowdsale campaigns on Waves account for 76% of total funds raised by all projects that have publicly reported results of their Waves-based tokensales.

*This study is based on data provided by the ICObench tracker. Some of the data on projects that provided incomplete information to ICObench was derived by the authors from official websites, blog pages and social networks, as well as from ICOdata, ICOholder and TokenMarket ICO trackers.

This research has been prepared by Vitaliy Tsigulev, Alexander Tabernakulov and Yulia Zhukova.

Join Waves Lab Telegram chat — https://t.me/waveslabchat


Join Waves Community
Read Waves News channel
Follow Waves Twitter
Subscribe to Waves Facebook

Sort:  

Hey Guys! Connor Kenny aka Like Steemwalker upvoted you. Glad to see you here, I am a member on Wavestalk have dealt with Twiggy Smile personally on support. You have a great team and product. I’m hodling waves for the long term. Check me out @investing and follow me back to get upvoted and resteemed. I’m behind you 💯 👍🏼

Cool to see some stats about this!

Although I don't necessarily always agree on how ICO bench classifies the projects, it seems to be one of the best sources for this kind of data currently.

Once in awhile I do a post on upcoming ICOs on Waves and I will be doing one probably next week. See the previous one here:

https://steemit.com/ico/@cryptotem/upcoming-and-active-icos-on-waves-a-handy-overview-2-including-closed-icos-with-roi

Can we expect a regular analysis from your side as well?

Keep up the good work!

Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
ETHEthereum588.476$-15.06%-22.06%
MGOMobileGo0.398$-14.69%-35.4%
WAVESWaves4.701$-16.36%-25.54%
WGRWagerr0.228$-15.24%-27.45%

sneaky-ninja-sword-xs.jpg
Sneaky Ninja Attack! You have just been defended with a 2.38% upvote!
I was summoned by wavesplatform. I have done their bidding and now I will vanish…
woosh


P.S. If you or anyone you know has been a victim of @grumpycat please know that he has been harming people throughout Sōsharumedia (ソーシャルメディア). Stealing the service that I (and other bots) have provided them and hiding behind a facade of stopping bid bot abuse which he clearly has no interest in.
Sneaky Ninja is a very responsible bot, working directly with steemcleaners, actively pursuing spam and abuse on our platform. If you would like to see what steps Sneaky Ninja has taken to fight bid bot abuse see this post and this post. Also know that I am working daily on other solutions.
If you would like to know my personal take on bid bot abuse and why I do not agree with the 3.5 day rule, see this post

Grumpycat is a villain that must be stopped to protect our freedoms here on steemit!

resist grumpycat
There is a resistance that has formed to counter his tyranny.

If you would like to take an active role in stopping this menace and helping other victims like yourself...
Learn More Here
Kusari-Profile-small.jpg

I have also summoned my love, Kusari to offer some limited help to victims like you.
See Here

Resteem bot Service! Boost Your Post. Send 0.100 SBD and your post url on memo and we will resteem your post on 5000+ followers from two different account.@stoneboy and @vimal-gautam.

Delegate STEEM POWER 10SP Or Any Amount Through v2.steemconncet.

thanks for making this :) interesting to see how much some of these waves tokens have been able to raise! wonderful really! Cheers!

Thanks for this. Been into crypto for a while; have been looking into ICOs a lot lately. Your post came up on Reddit! https://www.reddit.com/r/icocrypto/comments/862tj3/study_of_ico_projects_that_issued_tokens_on_waves/

Cheers,
Bill

Coin Marketplace

STEEM 0.29
TRX 0.12
JST 0.035
BTC 64866.85
ETH 3369.73
USDT 1.00
SBD 4.45