The WAVES tokens are temp tokens until the main net goes live in Q3 of this year. The true value of the coin will not be seen until later this year. The temp token is just being generated for those who want to sell and get their money out quickly.
What does it mean that Waves tokens are issued ?
And how are they sold or traded ? Who determines the value ?
WAVES is a platform where anyone can issue a token like the ERC-20 token on ETH. The real wagerr tokens wont be ready until the end of this year when the main net goes live.
In the meantime, a token on the WAVES platform will be issued so people can trade if they want... The market determines the price... simple supply and demand. When the main net is ready to launch, the WAVES tokens can be traded on a 1 to 1 basis for the real wagerr tokens.
Or... you can just keep your tokens on the wagerr website until the main net launches.
I understand this is going to be released to the waves platform so people can withdraw. But if I want to purchase from an exchange - how do I do that?
I thought they were going to announce an exchange they were working with.