Waves Lab, the incubator for new projects on the Waves platform, has announced a total budget of 1 million WAVES for future participants, as the first tranche of entrants launch their applications. The current commitment is worth approximately $9 million.
The first set of participants include Simdaq, a social trading platform; MyTrackNet, a blockchain-based geo-tracking application; Viso, a hybrid e-payments/cryptocurrency payment platform; and Likey, a one-stop-shop for loyalty programmes. These initiatives will receive advice, PR, marketing support and technical assistance for their ICOs from Waves Lab, which was itself launched in December 2017.
“Simdaq is very much community focused and it’s great to see Waves lab that will help the project like ours. We look forward for future cooperation”, — Evgeniy Dubovoy from CEO SIMDAQ said.
“This market has a lack of professional approach as it’s a young and dynamically developing sphere. We are happy to be part of Waves Lab and will surely gain useful competencies which will bring benefit to our project”, Ilya Esterov, CEO Likey, added.
The first pre-ICO is in process, with MyTrackNet already having collected $530,000. The pre-ICO will end on 30 January.