Technically looks good and waves already achieved a lot but main problem is in their team. You can read and find only Russian names so maybe they could add people from different countries to improve their PR sector. If they make it international they possibly can attract new buyers (from Europe and America).
They're weak in marketing and advertising the project. Otherwise it would be $50 at least now. It's completely undervalued and I believe it will make nice price movements this year and next year. Dex will be more useful.
That's a unique platform, and I was aware about the initial days of waves. Because I was with plans of investing into it and lately turned towards Eth. As in the above quote the promotion made by the waves team is not that effective, else it could have progressed to reach a much bigger value as well more projects could have got existed through the same platform.