What is Waves ($WAVES )?
It is a blockchain platform that allows users to create decentralized applications (dApps). It is also a smart contract solution and acts as a decentralized exchange (DEX). In addition, as we mentioned above, it enables even people with limited cryptocurrency knowledge to create new tokens.
Users who want to create new tokens on the Waves blockchain do this through scripts running in their accounts instead of smart contracts. The management of these tokens is also provided through user accounts. The created tokens are traded on the platform's DEX called WAVES.Exchange.