WATER (WATER): The Meme Coin With A Mission
What is WATER (WATER)?
WATER (WATER) is a meme coin on Solana that is inspired by water. It is positioned to become the next big meme coin, following the footsteps of successful tokens like $BEER. WATER aims to support global charity and research initiatives, making it a token with a mission.
Who Created WATER (WATER)?
The creators of WATER remain unknown. However, the project is created in partnership with the masterminds behind $BEER, a successful token that saw a 35x increase in presale and achieved a $500 million market cap. $BEER’s success story lends credibility and experience to the WATER project.
What VCs Back WATER (WATER)?
The development of WATER did not rely on VC backing. This approach ensures that the project remains community-focused, avoiding the pitfalls of centralization and influence from large investors. The emphasis is on fair distribution and community engagement.
How WATER (WATER) Works
WATER has a clear purpose and is designed to bring about real change while offering its holders the chance to be part of something bigger. It will focus on funding global charity and research organizations. This mission is a key differentiator from other meme coins, which often lack a clear purpose. With WATER, holders contribute to positive global change.
Key Features
WATER is committed to making a positive impact with a significant portion of its resources dedicated to global charity and research initiatives. To ensure market stability, WATER will not engage in perpetual trading for the first 90 days. Each wallet is limited to investing up to 200 SOL during the presale, promoting fair distribution. The token has secured listings on top-tier exchanges, ensuring liquidity and market reach. Influencers and KOLs are locked into vesting contracts, ensuring their long-term involvement and stability. Additionally, WATER will launch an NFT series in partnership with celebrities and conduct a one-year-long airdrop campaign to attract millions of new holders.
Mechanism
WATER employs a unique scarcity mechanism inspired by the natural states of water: freezing (staking) and vaporizing (burning).
In the freezing mechanism, just as water turns to ice, WATER tokens can be staked to earn rewards. Users who stake their WATER tokens for specified periods are rewarded with additional WATER tokens over time, simulating the accumulation of ice. The longer the staking period, the higher the rewards, which are distributed from a community rewards pool. For example, 4.5% of the total supply is allocated for a year and divided into daily, weekly, and monthly pools. If 20% of the presale tokens are staked evenly, users can earn a 50% APR.
In the vaporizing mechanism, when water vaporizes, it disappears, similar to how WATER tokens can be burned to reduce the total supply, thereby increasing the scarcity and potential value of the remaining tokens. Users send their WATER tokens to a burn contract, and every week, 25% of these tokens are permanently destroyed, 25% are donated to charity, and 50% are raffled among participants, giving them back between 0.1x to 10x of the tokens they burned, with higher odds of receiving less than 1x.
WATER Goes Live on Bitget
WATER’s commitment to funding global water initiatives and research projects aligns it with the growing trend of environmentally conscious investments. This focus on sustainability and positive impact positions WATER as a leader in the space of charity-focused cryptocurrencies.
Trade WATER on Bitget now! It will not only give you the chance to be a part of a conscious and robust crypto community, but also allow you to profit from WATER’s unique scarcity mechanism.
How to Trade WATER on Bitget
Listing time: June 26, 2024
Step 1: Go to WATERUSDT spot trading page
Step 2: Enter the amount and the type of order, then click Buy/Sell
For detailed instructions on how to spot trade in Bitget, please read The Uncensored Guide To Bitget Spot Trading.
Trade WATER on Bitget now!
Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.
