Waves News
of funding in cryptocurrencies. ICOs are
best-suited for small- and mid-size ven-
ture projects, but should not be limited
to the technology sector alone. We see
big potential in bringing cryptocurrency
financing innovation to the real sector of
the economy — in particular, to metals
and mining exploration and development
projects. We are pleased to cooperate
with the Waves Platform and are confident
that our joint efforts will help bring real
projects that meet very high standards of
financial soundness and risk disclosure to
cryptocurrency investors.”
al cryptocurrency investors. It is an impor-
tant step forward for the entire blockchain
industry, in Russia and across the world.”
To learn more about the Waves Platform,
visit the official website.
The “relaxed” stance of the Russian gov-
ernment with regards to the current ICO
landscape contrasts with countries like
the U.S and China, the former of which
has already taken action to regulate token
sales as a securities. To the east, however,
GPB Digital will work to promote this new
method of crowdsourcing funds.
The presence of GPB Digital will also help
raise the bar for the current ICO scene,
bringing “the standards of financial anal-
ysis and risk disclosure closer to the ones
qualified investors in traditional financial
instruments expect.” Sasha Ivanov, CEO
and founder of the Waves Platform stated:
“Our partnership is a significant step to-
wards mass application of blockchain
technology. Presently, initial coin offerings
are not regulated and carry significant
risks for investors. Our strategic partner-
ship with GPB Digital, the daughter com-
pany of Gazprombank, will allow us to
generate a high-quality deal flow for glob-
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