Founded in 2016 by Sasha Ivanov, Waves Platform is a global, open-source blockchain network focused on providing a scalable, low-cost, and user-friendly environment for Web3 applications and custom digital asset creation. The platform utilizes a Leased Proof-of-Stake (LPoS) consensus mechanism. Its ecosystem includes a decentralized exchange (WX.Network), smart contract capabilities via its native language Ride, and various tools for developers. The mission is to make blockchain technology accessible for developers, businesses, and users by simplifying the process of building and deploying decentralized solutions.