WaveCoin Coin WaveCoin on Algorand WaveCoin Cryptocurrency activity

WaveCoin is a new cryptocurrency created by GlassWave. WaveCoin is a digital crypto coin built on the Algorand blockchain. WaveCoin is our fully functional demonstration token used to showcase the utility of GlassWave blockchain solutions.

As an Algorand Standard Asset, WaveCoin features the same speed, security and 5 second transaction finality as the popular Algo cryptocurrency. Transactions are executed in less than 5 seconds on a decentralized network powered by renewable energy.

WaveCoin features

  • Supported on Algorand wallets.
  • Transactions finalized in less than 5 seconds.
  • Powered by a decentralized network supporting more than 10,000 transactions per second.
  • Pure proof of stake model, no mining required.
  • Runs on an energy efficient, carbon negative blockchain.

Potential future uses for WaveCoin include community engagement projects and as reward tokens for ecosystem development. Send a WAVE to a friend and demonstrate the speed and responsiveness of the Algorand blockchain transactions without sending Algo.

We can also envision a system for exchanging WaveCoin for future GlassWave digital services and merchandise. Other real world examples in the exploration phase include using WaveCoin as a tool to inspire and reward ocean and environmental conservation.

WaveCoin News

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WaveCoin Crypto Creation Certificate from GlassWave

WaveCoin History

WaveCoin has been created for client and public demonstrations. It's genesis block was minted on April 6, 2021 (Creation Transaction) on the Algorand blockchain as asa ID # 187215017 at which time 200,000 units were created in block 13066283. We plan to distribute 25% of the minted tokens to the community as airdrops and LP rewards. The remaining 100k will be kept in the GlassWave treasury reserved for future WaveCoin ecosystem use.

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Interested in a cryptocurrency, NFT or smart contract for your own business or personal use? GlassWave now offers custom blockchain solutions.