Waves is a cryptocurrency and decentralized exchange platform launched in mid-2016. It has multiple uses but the main and most characteristic is the possibility to create, transfer and trade with tokens. Just as you read! With Waves you can create your own token and use your own Blockchain in a simple way.
The cryptocurrency can be mined and works with the system (POS) Proof of Stake or Participation Test, in another words, it rewards you for having your coins stored in the Wallet.
As we already know, many cryptocurrencies have their limit that cannot be exceeded. So do Waves. The maximum amount to be created is 100 million Waves in total.
If you want to know in which Wallet store your Waves we recommend you take a look at this article where you can find the most recognized Wallets of this cryptocurrency.