WAVES Almost Doubles in 48 Hrs as its Vostok Project Secures $120 Million in First Round of Funding

[PRIBO247]

The Waves (WAVES) cryptocurrency has continued to outshine
the rest of the pack as it has almost doubled in value in the last
48 hours. Early Tuesday – December 18th – found the digital
asset trading at $2.53. The same digital asset is now trading at
$4.05 after briefly reaching a value of of $4.57 a few minutes
ago.
This is an 80% increment in between the $2.53 and $4.57
values. The 24 hour trading volume of WAVES currently stands
at $133.4 Million which is an impressive figure for the digital
asset that is ranked 19th according to market capitalization on
Coinmarketcap.com .

Vostok Project Secures $120 Million in its First
Investment Round
One major reason for the spike in value of WAVES is the fact that
the project has managed to raise $120 Million in a first round of
funding for its Vostok Project. The funding has come from
private and institutional investors. The Vostok Project is focused
on the implementation of Waves Technology in enterprise and
government IT-systems.
Waves Founder and CEO, Sasha Ivanov, had this to say about the
future of Blockchain.
The cryptocurrency rush is over now, while the idea of using
a decentralized network to store data and cut costs is still
relevant.
Waves to Become the First WEB 3 Company
The team at WAVES plans on having the platform become the
first WEB3 company. WEB3 is the third version of the internet
that is currently being driven by blockchain and decentralization.
Blockchain has proven to bring true peer-to-peer transactions
without middlemen and Bitcoin was the first mainstream digital
asset to introduce us to the concept. Waves Platform was
founded on the principle that blockchain is a technology of and
for the people
The team at WAVES explains the following about the platform’s
role in WEB3.
Waves Platform has embarked on a mission to become the
first WEB3 company, developing internet technologies (AI,
IoT, etc.) powered by blockchain technology to support a
truly open and decentralised web.
Our accumulated experience and technical knowledge, as
well as ever-expanding ecosystem and portfolio, have
definitely been the driving factors behind the success of the
project’s development.
In general, Waves Platform will continue to identify gaps in
the market and opportunities for Internet-based technologies
(blockchain included) to facilitate productivity and
performance of internal systems across industries.

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