Waves is a decentralized exchange, and development platform that aims to make it easier to create, store, trade, and manage blockchain tokens. It has an intuitive interface that allows users to create tokens with very limited coding knowledge. These tokens can be used as a digital representation for any asset or commodity, or as a utility token for a network. Waves' easy to use platform has the potential to accelerate blockchain adoption and make tokenization more accessible. The platform is fueled by the WAVES native token. The network has a Proof-of-Stake (PoS) consensus mechanism.

Rate3 is developing a tokenization and blockchain platform focused on retail and ecommerce. Rate3 aims to allow users to tokenize assets on both Ethereum and Stellar, as well as provide an identity framework. Rate3's network is powered by the Ethereum based RTE token.