In 2017, Waves Lab was launched, revealing they would be looking for startups, providing them with marketing assistance and technical, legal and financial advice. A Blockchain technology platform, it was stated that they would be focusing on pre-ICO startups and teams creating solutions to the associated problems and challenges that are faced.
Following the first Waves ICO of the year, it has been revealed that Simdaq raised over $5 million in one day, thanks to Waves Lab. The community trading platform wants to democratise the trading of digital assets by sharing information, while offering members the opportunity to back-test plans and even develop their very own trading bots. Evgeniy Dubovoym, Simdaq's CEO, said the organisation was thankful to Waves Lab and the Blockchain tech incubator for assisting them with their ICO and attaining their hard cap.
Simdaq was just one participant, and the latest results indicate that Simdaq and Waves Lab could have a hopeful future. Waves Lab are now reviewing applications for further participants, and another acceleration project is now under development.
This latest news comes as Waves Platform has recently released a brand-new Blockchain scheme dubbed Basic Funds, which focuses on investing in pre-sale ICO tokens and crypto-assets.
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