1. Project Introduction
Global available potable water is insufficient to meet the current and future population requirements. Worldwide, more than 2 Billion people – almost 30% of the world’s population – do not have access to sufficient water in order to supply their daily needs. Everyday this number increases, and it is expected to reach 50% of the global population by 2030.
H2O Securities developed the H2O Water Network and the world’s first Water Utility Cryptographic Token – H2ON. H2ON is designed to connect real-world water producing plants via IoT (Internet of Things) to the blockchain and controlled by immutable smart contracts.
Network participants in the H2O Water Network can use their H2ON Token holdings to connect more water plants to the H2O Water Network, add water network services, and to buy/pay for services connected to the H2O Water Network. Connected services include amongst others, engineering services, consulting services, maintenance, water treatment, operations, operations training, staffing, insurance, risk management services, surveying, data management, equipment, and material supplies.
The aim is to globally connect more people to drinkable (potable) water, faster and more cost effectively. With every liter that a connected water plant produces, the plant smart contract purchases H2ON from third party DEX and CEX exchanges that lists the H2ON Token. The automated H2ON purchases are made from a USDT prepaid wallet of the water plant. The H2ON Tokens purchased by the water plant are used to pay for the H2O Water Network services.
As more water plants are connected to the H2O Water Network, and as more water is produced and consumed from the H2O Water Network, so the demand for the H2ON Token increases because the smart contract demands more H2ON Token purchases.
Buying a H2ON Token, buys one or more units of water from the H2O Water Network and grants the holder access to the network. The H2ON Token can be freely traded on any DEX or CEX where the token is listed and can be staked for periods between 30 Days and 730 Days.
H2ON is the world's first Water Utility Cryptographic Token designed to pay for services that increases water production globally at a reduced cost. As the H2O Water Network grows more and more water users will require the H2ON Token to pay for water produced and consumed from the network.
The H2ON project has received more than US$ 200m in Venture Capital funding pre-listing and is substantially supported by institutions to achieve its project goals.
2. Token Info
- Token Name: H2O Securities
- Token Symbol: H2ON
- Total Supply: 10,000,000,000 H2ON (97% DeepLock, 2% 24 Month Vesting, 1% Current Supply)
- Token Type: BEP20
3. Useful Links
- Official Website: https://www.h2o-securities.com/
- Whitepaper: https://h2o-securities.com/assets/docs/H2OSecuritiesWhitePaper.pdf
- Explorer: https://bscscan.com/token/0xe0e81c29a68bfdd7c48072fd94e7c58f1f0146c1
- Twitter: https://twitter.com/H2O_Coin
- Telegram: https://t.me/H2OSecuritiesForum
- Recent Venture Capital Press Release: https://h2o-securities.com/press/PR_GEM_27062022.pdf
