WATER is a memecoin on the Solana blockchain that has recently made waves by partnering with two football stars, Lionel Messi and Ronaldinho. So, what makes WATER special? Let’s explore this in detail with Tonraffles in the following article.
water coin
Table of Contents
What is Water coin ?
Water coin is a new memecoin on the Solana blockchain with the goal of making a positive impact on the world by addressing water-related issues. The project focuses on charitable activities and global research while implementing scarcity mechanisms through staking and token burning.
WATER was created following the success of BEER, another memecoin on Solana, which achieved a market capitalization of $500 million, symbolized by a beer glass.
What makes Water coin special?
Focus on Charity
Unlike other memecoins that focus on building communities on platforms like X, WATER has chosen a more humanitarian and practical approach by concentrating on charitable activities and water-related research on a global scale.
Partnerships with Celebrities
In addition to its focus on charity, WATER has announced partnerships with globally influential figures. Recently, this Solana-based memecoin collaborated with two famous football stars, Lionel Messi and Ronaldinho. Both stars posted images on their Instagram accounts showing them with the WATER memecoin perched on their shoulders.
Photo of memecoin WATER with two soccer stars Ronaldinho and Messi
Long-term Vesting Mechanism
Promoters of WATER will receive tokens through a vesting mechanism instead of getting 100% at the Token Generation Event (TGE). This ensures their commitment to the project and prevents sudden sell-offs. Additionally, this memecoin does not allow derivative trading within the first 90 days from TGE, creating a stable environment for early holders.
Development Team
WATER is developed by the team behind beercoin, a memecoin on Solana that previously achieved a market capitalization of nearly $500 million. However, there is no specific information about individual team members. Tonraffles will update as more information becomes available.
Development Roadmap
WATER’s roadmap is divided into four main stages:
- RAIN: Presale, DEX listing, marketing campaign, listing on CoinMarketCap and CoinGecko.
- RIVER: CEX listing, implementation of Staking and Burning mechanisms, airdrop for token holders, launch of NFT collection.
- SEA: Listing on major CEXs, partnerships with global organizations and celebrities, establishment of a charity fund.
- OCEAN: Develop WATER as a currency for environmental causes, promote global adoption, collaborate with top influencers, expand reward programs for holders.
Tokenomics
Token metric
Token metric
Token allocation rate
Token
Token Use Case
The WATER token is used for two main purposes:
- Staking: WATER token holders can stake their tokens for a specified period to receive rewards. The longer the staking period, the greater the rewards.
- Burning: Users can send their WATER tokens to the project’s burn contract to participate in a lottery. Each week, 25% of the tokens in this contract will be burned, 25% will be donated to charity, and 50% will be airdropped as a lottery. Participants will receive back an amount of tokens they sent to the contract at a rate ranging from 0.1x to 10x.
Where to Buy and Sell WATER Tokens
WATER tokens are listed on Solana’s DEX platforms such as Raydium, Jupiter, and on CEX platforms such as BitGet, MEXC, and BitMart.
Conclusion
Through this overview of the WATER memecoin, Tonraffles hopes that readers will grasp the basic information about this project to make their own investment decisions. Wishing you successful investments!
Note: Tonraffles is not responsible for any investment decisions you make. Wishing you success and profitable returns from this potential market!
