Waves Lab announces three new blockchain incubator projects: Paytomat, Tradingene, Digilira.
Waves Lab blockchain incubator launched in December, 2017. As part of Waves’ plans to expand its platform and ecosystem over the 2018 year, @wavesplatform launched the Waves Lab: a blockchain technology incubator that will focus on pre-ICO startups and teams who are creating solutions to real-world problems using the Waves Platform’s infrastructure.
Now, Waves Lab, the incubator for new blockchain and cryptocurrency based projects from the @wavesplatform has announced three new promising initiatives. They are Paytomat, Tradingene, and Digilira. The aim is to successfully cultivate a live launch this three projects on the Waves custom blockchain platform.
Read below for the details on the three new initiatives - Paytomat, Tradingene, Digilira.
COO of Waves Lab Vitaliy Tsigulev comments:
"We are very pleased to see such strong ICO projects as Tradingene and Paytomat 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. 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".
Paytomat - Decentralized System for Cryptocurrency Payments
Paytomat Will Run a Token Sale to Bring Cryptocurrencies to Your Next Door Cafe and Grocery Store
First, there is Paytomat, a blockchain-based payment processing system created to help merchants, consumers and crypto core teams to find each other and create real-life traction for cryptocurrencies as an emerging method of everyday payments.
Paytomat has recently acheived 100,000 WAVES from Waves Lab Incubatoras a seed funding for further development. Ukraine-based Paytomat can also look forward to soft services, such as networking opportunities, skilled advisors, and access to international private funds and invesments.
Built as a decentralized autonomous organization (DAO) and decentralized franchise, Paytomat based on the three types of tokens:
There are three types of tokens in Paytomat ecosystem:
- PTI - interim token on Waves blockchain, launches after the end of our sale, tradable on exchanges;
- PTM - coin based on its own blockchain, launches along with PTM blockchain, incentive to merchants for accepting cryptocurrency, tradable on exchanges possibly in 2019;
- PTX - token based on PTM blockchain, launches along with PTM blockchain, loyalty reward to customers for spending their cryptocurrency, non tradable on exchanges.
Here's a brief explanation about types of Paytomat tokens:
Paytomat has already introduced an extension to receive payments in crypto on existing POS (point-of-sale) terminals using Poster, Profit Solutions and 1C. For the past year it has gained solid traction, having been successfully deployed across 150 merchants.
Starting in 2018, Paytomat began their active expansion into CEE countries and already secured partnerships with various retailers in Poland, Bulgaria and the Czech Republic, as well as Georgia. Currently, the team is beta-testing customer mobile wallets and a standalone Paytomat Mobile POS for both payment processing and a blockchain-based loyalty program. In the long run, Paytomat plans to focus on the decentralized franchise for the local markets and on reaching out to various industries outside of HoReCa.
Yurii Olentir, Paytomat CEO, says:
"There are over 1,500 coins and tokens in the world, but how many of them are actually used? Paytomat is designed to connect cryptocurrency core teams, consumers and businesses, so they all benefit from the new crypto economy. Our intention is to nurture the market, offering real life applications to various cryptocurrencies by enabling local stores and online merchants to accept payments in crypto. We are a liquidity network, a point of sale interface, a smart asset platform, and best of all, a loyalty program with incentives for both merchants and customers".
“Paytomat is expanding internationally, aiming to bring cryptocurrency usage to everyday life. We’re holding a token sale to help us scale and develop our business. 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 chose the Waves platform because it’s very flexible and simple to work with. We easily customized our PTI token using the Waves smart contracts kit. The speed of transactions in this blockchain is lightning fast, which is also an important factor for the user experience of our community members.” - Yurii Olentir, Paytomat CEO
Paytomat will kick off a round of crowd funding with a public pre-sale of its PTI tokens (hard capped at 17,555,000 PTI) on April 2, 2018, which will run until April 18, 2018.
Interested contributors should register for a whitelisting process.
More about Paytomat: paytomat.com
Tradingene - is the first blockchain-based marketplace of trading algorithms
"If you look at Bitcoin as money, it is and has always been lousy money. It's not a great medium of exchange, since you can mostly buy only other cryptocurrencies with it", - Daniel Wolfe, CEO of Tradingene
The next Waves Lab resident is Tradingene (referral link). It is the first blockchain-based marketplace of trading algorithms, allowing users to create and deploy them to trade cryptocurrencies.
@tradingene is a auction platform that makes possible the creation and use of algorithms to trade in cryptocurrency and the most popular financial instruments. Tradingene brings to the marker some amazing innovations, including an accessible, technologically advanced, easy-to use web platform for creating and testing algorithms; online courses for algorithm creators; competitive auctions for algorithms; and a blockchain-based system to record auction results and conclude smart contracts between algorithm creators and investors.
During the last three years of development, the team has attracted more than 300 algorithm creators from leading global universities, including mathematicians and programmers experienced in creating trading strategies.
Tradingene will receive a detailed audit and ICO campaign advice from Waves Lab, as well as access to the Waves community and joint PR activities. The project will also gain access to the entire network of contacts and partners of the Waves Lab incubator, including private investors and funds, key crypto opinion leaders and influencers.
"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 not only to make the product user-friendly but also ready for global scalability in the near future. The speed and cost of transactions for Tradingene users is an extremely important consideration. We want to provide our investors with uncompromising benefits and flexible functionality, and Waves, as well as its satellite Waves Lab, gives us the right tools to do this. After all, we understand how a comfortable working environment is important to modern traders and investors. Waves and Tradingene are looking in the same direction and putting customer experience at the heart of their products", - COO of Tradingene, Sergey Kuzmin
Token offering is planned for May 2018 with a Soft cap of 4000000 USD hard cap of 24 000 000 USD.
Token - TNG
Accepting BTC, ETH, LTC, BCH, Waves
More about Tradingene: tradingene.io
Digilira is a platform for converting Turkish liras (TRY) into cryptocurrency
The third participant is Digilira. Digilira is a platform that allows users to convert Turkish liras (TRY) into cryptocurrency tokens named WTRY on the Waves DEX.
Digilira integrates the Turkish Lira into the Waves Platform and introduces you to the advantages of a decentralized stock exchange. You can buy and sell with very low commissions while safely keeping your crypto money.
The WTRY token, issued on top of the Waves platform, is backed 1:1 by real Turkish liras. Digilira, therefore, serves as a gateway for users to switch between real Turkish liras and WTRY tokens. The Digilira company name is a shortened version of Digital Turkish lira. Digilira opened its doors to customers on 11 December 2017 and now serves more than 8,000 customers. Over 10 million Turkish lira has been deposited and withdrawn from the Digilira gateway, and over 2,600 new Waves wallets have been created so far via Digilira. Digilira has already received a small amount of start-up funding and the prized status as the official Waves gateway of the Turkish lira. As part of the Waves Lab programme, Waves Lab representatives will work in partnership with the project on such issues as adding more cryptocurrency gateways to the Waves Platform, consulting other projects that want to open a local gateway, and developing a white-label solution for quickly launching any gateway.
More about Digilira: www.digilira.com