Skip to main content

User Utilities

User Utilities: AquaCoin as a Utility Token​

AquaCoin AQC$ is classified as a utility token within the AquaSave ecosystem. The primary mission of AQC$ is to sustain and propel a sustainable economy within the AquaSave network through a dynamic 'burn & mint' system.

Burn & Mint Dynamics​

  • This process requires users interested in accessing exclusive services to periodically possess and burn a specific amount of AQC$ tokens to maintain access to these valuable advantages. This mechanism not only ensures a constant demand for the token but also contributes to its long-term value.

Tokemics

Token Utilities and Uses in the AquaSave Ecosystem​

  • Rewards for Data Value: Users earn AQC$ for providing valuable data from their AquaSave devices, which enhances network efficiency and service quality. This is fundamental as it directly relates to the primary utility of the data within the ecosystem.

  • Water Footprint Certificates: AQC$ is utilized in the transaction of Water Footprint Certificates, promoting sustainable water usage through market transactions.

  • Incentivizing Device Installation: The installation of AquaSave devices is incentivized with AQC$, encouraging broader adoption of the technology.  

  • Access to Exclusive Features: Token holders have access to specific functionalities and advantages within the AquaSave ecosystem, enhancing their experience and efficiency when using our services.

  • Governance Through Staking: AQC$ is pivotal for governance within the AquaSave network. Token holders can participate in governance decisions through staking their tokens, influencing the network's policies and ensuring they align with community interests.

  • AquaSave Labs: AQC$ opens doors to funding opportunities for emerging projects in the sustainability realm through AquaSave Labs. Token holders can invest in and actively participate in the growth of these initiatives, thus promoting sustainable development.

  • Voting Power: Holding AQC$ grants users the right to vote on key decisions within the AquaSave community. Each token represents one vote, ensuring that those most invested in the network have a voice in its direction and future.

AQC$ not only acts as a medium to reward and motivate users but is also essential for maintaining and expanding a sustainable water network. Its design ensures active community participation and a commitment to the continual improvement of the AquaSave ecosystem. We invite all users to explore the possibilities that AquaCoin offers, not just as an investment, but as a way to contribute to a more sustainable future.