Blockchain platform Waves has announced the launch of “Waves Lab” – a blockchain incubator that will support pre-ICO projects and teams who are building disruptive solutions using its infrastructure.

Waves Lab will provide full support for businesses and entrepreneurs, from seed funding, to legal support, to advice, to resources, and PR and marketing.

Waves noted the importance of funding for a project’s long-term success as well as securing early funding to drive future fund raising efforts. It said:

“Waves Lab will provide seed funding of up to $300,000 for the right initiatives.”

Waves said it is committed to maintaining best practice for the ICOs held on its platform and will provide extensive assistance in legal aspects as well. This includes the token model and its legal implications; the content/language of the white paper and website landing page; a full set of legal documents –Token Purchase Agreement, Terms of Use, and Privacy Policy; and finally consultation on any relevant legal aspects of the project by external attorneys with experience of supporting ICOs.

The incubator will also provide a number of advisory services including technical architecture review, product market fit, ICO advisory, and exchange listing advisory among others. Furthermore, it will help businesses to devise their PR and marketing strategy; establish personal connections with key opinion leaders, trend setters, influencers and other advisors; and link them with over 50 ICO tracking websites.