Waves was designed to address the shortcomings of existing blockchains, with custom token creation and management its number one priority. Whilst there are several blockchain platforms that allow users to create custom tokens, these all have various flaws for mainstream users. Waves offers a number of significant benefits, making blockchain tokenisation a truly grassroots movement:
No smart contracts are required
Anyone can create a token: no programming experience is needed
Consequently, no code audit is required, minimising overheads
No maintenance or monitoring is needed
Tokens can be launched in under a few seconds
It costs just 1 WAVES to launch a new token
Tokens can be traded immediately on Waves’ integrated decentralised exchange