Waves Association founded in Frankfurt

By Roberto D. | CryptoFarm | 5 Feb 2020

Waves, one of the platforms that I personally consider the most advanced among those currently on the market, with a press release released yesterday confirmed that it has established a non-profit organization (the Waves Associaton) in Frankfurt, Germany; the goal of the new non-profit is to provide governance capable of promoting the growth of new DLT infrastructures (both public and private) and the spread of the so-called web 3.0.

The Waves Association, registered as a non-profit organization under German tax law, saw the participation, in its constitution, of the Frankfurt law firm Winheller (among the best known consultants in the sector in Europe) and its board will be composed from ten members representing six countries (Portugal, Spain, Switzerland, Germany, Holland and Russia); Alexander Ivanov (who, as known, left NXT just to found Waves) defined the birth of the Waves Association as a fundamental step to encourage the growth of the platform and the ecosystem that revolves around it.

In this way, Ivanov says, it will be easier to recruit new developers and attract new users by promoting the adoption, more generally, of cryptocurrencies especially at European level.

As reported in the press release, the Waves Association will actively collaborate with universities, research centers, companies and governments in Europe and worldwide and will be particularly active in creating new infrastructures at the service of the DAO (acronym that stands for decentralized autonomous organizations).

After having structured itself on the technological level, to become, as mentioned, one of the most advanced projects in the field of blockchain platforms, Waves is therefore structuring itself on the level of governance, going to resolve what is certainly one of the main limits for decentralized platforms .

Thanks to the Waves Association, the blockchain created by Alexander Ivanov will be able to create strategic partnerships with greater ease, promote its platform both in the public and private sector through precise marketing actions and act on the market with greater strength and incisiveness.

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