Waves enable you to make custom tokens, which means you can launch your own cryptocurrencies.
Via Waves, you can also launch ICOs to fund your projects from around the world in a matter of minutes, without going through intensive cryptocurrency coding. This will make life easier for startups and open up a new era of community-backed projects.
Waves provides you option of Smart Contract, Tokenization and Fiat Gateways. Before creating your own custom tokens you need fulfil all term & conditions of waves.