What is WaterCoin (WATER)? Lionel Messi Promoted Solana Memecoin
2024-07-11Bittime - WaterCoin (WATER) is the latest Solana memecoin to attract attention. The reason is, this token is viral after football legend Lionel Messi uploaded it on his Instagram story. So, what is WaterCoin (WATER)? Check out this article to find out!
WaterCoin (WATER) itself is a memecoin based on the Solana blockchain which has a unique mission, namely to have a real positive impact in the world. Different from most memecoins whose value is often unpredictable, WATER comes with a noble mission.
Instead of just pursuing profits, WATER aspires to make a real contribution in overcoming clean water problems.
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What is WaterCoin (WATER)?
WATER is a crypto token based on the Solana blockchain which is categorized as a memecoin. However, this coin has its own uniqueness compared to other memecoins.
WATER plans to allocate funds for charitable activities and research related to clean water. These funds come from profits generated by WATER.
Main Features of WATER Token
This token has several main features that are quite interesting. This is because this memecoin is not just "making a profit", but also has a noble mission. So, what are the main features? The following is the explanation.
Clean Water Donations and Research
WATER plans to allocate funds in stages to fund charitable initiatives and research related to clean water on a global scale. It is hoped that this fund will attract the attention of billions of people to clean water issues.
Scarcity Mechanism
WATER implements a scarcity mechanism to maintain token price stability. One way is through staking with a burning mechanism. The more tokens that are staked and burned, the fewer tokens circulating on the market will be.
Listing on Famous Exchanges
WATER has entered into agreements with a number of well-known exchanges to launch their tokens. This of course will make it easier for users to trade WATER.
Early Lock period
To maintain price stability at the start of launch, WATER implemented a lock trading policy for the first 90 days. This policy is expected to protect the initial holders of WATER.
Presale Contribution Limits
This crypto asset applies a token ownership limit during presale, namely 200 SOL per wallet. This policy aims to ensure a fairer distribution of tokens.
Vesting Contracts for Influencers
Influencers who promote WATER will be bound by a vesting contract. This means that the tokens they own will be disbursed gradually over a certain period of time. This policy aims to prevent sudden selling actions that could harm investors.
NFT WaterCoin
WATER plans to launch a series of NFTs (Non-Fungible Tokens) in collaboration with celebrities.
Airdrop Campaign
WATER will hold an airdrop campaign for one year to attract millions of new users.
Strategic Partnership
WATER intends to establish partnerships with other well-known crypto projects.
Roadmap WaterCoin (WATER)
WATER has a well-structured roadmap. This roadmap is divided into four stages, namely:
RAIN (Rain)
This stage focuses on the presale and launch of the WATER token. In addition, WATER will also be listed on a decentralized exchange (DEX) and hold a massive marketing campaign. This stage aims to increase public awareness of WATER.
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RIVER
This stage focuses on listing on centralized exchanges (CEX), implementing the scarcity (scarcity) mechanism, implementing airdrop campaigns, as well as launching exclusive NFT collections.
SEA (Sea)
This stage focuses on achieving listing on a Tier-1 exchange, establishing strategic partnerships with global entities and celebrities, as well as funding charitable initiatives related to clean water.
OCEAN
This stage is a long-term development stage. WATER aspires to make WATER a cryptocurrency that focuses on charitable and environmentally friendly activities. Apart from that, WATER will also strive to encourage global adoption of WATER and collaborate with the world's top influencers to promote WATER.
Tokenomics WATER
WATER has a total token supply of 88,888,888,888 tokens. The token distribution is allocated for various purposes, such as:
- Presale: 35%
- Liquidity: 35%
- Treasury & Community: 20%
- Water Foundation: 5%
- Early Contributors: 5%
WaterCoin Dippromoted by Lionel Messi
The WATER token price jumped 350% after Lionel Messi uploaded it on his Instagram story. However, it is important to remember that crypto investments always involve risks. Before investing in WATER, do in-depth research and understand the risks well.
Conclusion
WaterCoin (WATER) is a memecoin based on the Solana blockchain which has a noble mission, namely to have a real positive impact in the world through funding charitable activities and research related to clean water. WATER has a well-structured roadmap and an experienced team.
However, keep in mind that WATER is still a relatively new and untested project. Therefore, it is important to invest wisely and conduct in-depth research before deciding to buy WATER.
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