# About Waves Token Rating
Waves Token Rating is an online service (https://tokenrating.wavesexplorer.com) that shows ratings of tokens (projects) issued on the Waves blockchain.
User can rate any token from the web browser in which Waves Keeper is installed if there is at least 1 WCT on users' address balance. The amount of WCT on the balance affects the weight of the user's rate Wn.
At the time when user rates a token, he pays a fee in WAVES for the data transaction.