CORE MAGAZINE September 2017 | Page 14

Interview structure. According to Oceanlab white- paper, Oceanlab has a wide range of ap- plications they plan on building, however, being a community based project, Ocean- lab will work on the most important ap- plications at that present moment. What this means is Oceanlab may shift gears if a particular application is in desperate need of being built. The goal of Oceanlab is to support the Waves project and the com- munity around it by building the much needed applications for that particular moment in time. To get a better grasp of Oceanlab, I asked none other than Sphearis a few questions about why they picked Waves, about their unorthodox method of accepting 20 Waves tokens (as well as ETH, BTC, EURO, USD and Waves) for their ICO and what applications, out of their large catalogue of planned applications, do they consider to stand out from the rest. Why did you choose Waves and did you decide to build applications around it? “Waves was an obvious choice to us because its main purpose is clearly to build custom blockchain applications for anything. Creating a token on the platform is accessible to anyone, you’re one form and one click away from creating an asset which has directly access to a high quality network, fast transactions, trading... That’s simply amazing. And you can also specify your own parameters (like amount or decimals) and define its own personality: By using a personal name and description, you can link your token to your project right away. That’s what Oceanlab has been looking into from the start: the human read- able data provided is registered on the blockchain and clearly visible to any- one, that makes Waves blockchain far more interesting than the usual sys- tem where you send one or several units of a cryptocurrency from a point A to a point B. But it’s still a hard task to filter everything manually, even from the actual 100 transactions/minute network (which will be even faster soon). From asset names to attachments, and also with the help of real time trading data and valuation, we can provide investors and users a clear view of what’s going on, we use our own engine to run our ICO and show the investments in real time. Our budget will also benefit from these function- 11