What is the Waves Association?

The Waves Association is a non-profit organization created to support and develop the Waves ecosystem and its tools.

Why was the Waves Association created?

The Association was designed as a non-profit company, a structure we judge is the best way to provide the greatest synergy for the development of all projects on the platform.

The participants decided to bring together and reflect the efforts of all our community members, and the opportunities they bring. This is a crucial step towards improving the efficiency of the development of the Waves ecosystem.

The emergence of this legal entity is a strategic step for Waves’ development. This signals to the market that a specific stage of maturity for the technology has been achieved. Now, an independent supervisory board is needed to manage and develop the tech.

The Waves protocol is used by many developers around the world. The most passionate and active of these are ready not only to create products and projects based on Waves, but also to promote the widespread use of the technology, the emergence of breakthrough projects and the implementation of the Web 3.0 paradigm.

The creation of the Association gives the community specific, tangible and effective influence on its technology, development tools and means of stimulating breakthrough projects. Finally, each member of the Association can propose an initiative, project or any idea, suggest a specific implementation, involve and collaborate with other representatives, and undertake formal agreements to do so. The Association is a tool for decentralized community workflow.

Why was the association model chosen instead of a foundation?

Unlike a Foundation, which assumes a chapter or board of directors responsible for making all decisions, an Association provides greater freedom for all participants to express their opinions, since key issues are put to a vote by the General Meeting. Additionally, the Foundation is designed mainly to provide supporting activities, while the Association can directly address many key aspects of the ecosystem, including the promotion of economic, social, educational, and scientific interests of the community.

Why did you choose Germany?

Waves Association has been established in Frankfurt, Germany.

Germany is a country that actively supports technological innovation. In January, the country launched the 4th EU Directive, which enables financial institutions to legally work with digital assets.

Germany is also home to one of the most active crypto communities in Europe.

Who will work with the Association?

The Association will collaborate with universities, research centers, industry, and governments in Europe and around the world.

Can I join?

You can join the Association by requesting membership. See further information at https://wavesassociation.org/.

Members of the Association are divided into three categories:

  • Community member
  • Full member
  • Honorary member

Applicants will need to fill out a form on the website, which will be considered by the Board, and pay a membership fee.

Membership fees will be determined at the next General Meeting and published on the Association’s website.

What will be the result of the Association’s activities?

Thanks to the work of the Association, we will be able to significantly increase the number of developers and users in the near future, as well as plan to attract crypto enthusiasts developing other blockchain solutions

In the future, the Association’s efforts are expected to achieve the following results:

  • Integration of educational courses into university programs on the digital transformation of business and blockchain development, increasing the number and formats of open-access educational products (mini-courses, training videos, webinars and development meetups on Waves)
  • Establishing partnerships with institutions around the world that aim to develop and promote blockchain technology, such as blockchain centers, hubs, technoparks, crypto valleys, incubators, and accelerators
  • Increasing the number of projects (dApps) or move existing projects within the Waves ecosystem to the next stage of development
  • Facilitating the emergence of decentralized development groups engaged in the creation of certain platform features
  • Increasing the number of developers using Waves technologies