U.S. based Waves Labs has today announced their roadmap, growth strategy, and plan to expand the Waves blockchain ecosystem in 2022.
The plan includes targets of 5 million monthly active users and $10billion in total value locked within Waves layer-1 blockchain and projects built on top of it. Waves Labs has said the Waves strategy up until now has been to focus on building great blockchain products. The network has already achieved more than $2billion in TVL and broken into the top 50 cryptocurrencies by market capitalization.
Waves Labs aims to achieve its goals by hiring experienced leaders that can strategically deploy their Ecosystem fund. In addition, the company has said it will focus on funding and incubating projects that can demonstrate the most potential value to the Waves Ecosystem. Investment isn’t the only priority; Waves Labs also intends to build a strong marketing presence and brand awareness through events and education within the developer and investor community.
Head of Ecosystem for Waves Labs, Coleman Maher, said of the strategy, “Our roadmap for 2022 is incredibly exciting and ambitious. We believe the Waves ecosystem is incredibly undervalued, and releasing this plan to the public is our first step towards demonstrating the immense value of Waves technology to developers and investors in the U.S.”