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Wateract

Wateract

@wtrtoken

💧 The ReFi token powering the global water credit system. Telegram https://t.co/ghNNdXJrwZ

Lugano, CH Katılım Kasım 2023
99 Takip Edilen1K Takipçiler
Wateract retweetledi
Michał Moneta
Michał Moneta@michmoneta·
Most of you have heard about tokenizing real estate. But what about doing the same with... water? 🚰 Hypercube's @wtrtoken initiative is doing just that. It converts verified cubic meters of recycled and reclaimed water into onchain credits ($WTR) on the @Algorand blockchain. These credits are then being used by companies (already in Portugal, Angola, and Brazil) to offset water consumption with verified reclaimed supply. Blockchain serves a simple yet critical role there – it provides a transparent and immutable ledger. Each credit represents a real-world unit of reclaimed water, preventing double-counting and making corporate water stewardship genuinely auditable. It’s not another small-scale bc pilot. Since launching in early 2024, the project has tokenized over 50 million cubic meters of reclaimed water. 🏊 Equivalent to about 40,000 Olympic swimming pools – across more than 550,000 onchain transactions. Then, if anyone mentions the negative environmental impact of Web3 technology, counter with this use case.
Michał Moneta tweet media
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Wateract
Wateract@wtrtoken·
Correct, the emission is capped to max 20m per 30 days window to avoid large water treatment plants onboarding affecting emission disproportionally. But ultimatley, no WTR goes out in the market unless it’s backed by a tracked and audited (both remotely and on-site by third party like SGS or TUV) reclaimed cubic meter.
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Wateract
Wateract@wtrtoken·
about 60m currently but every cubic meter of reclaimed water triggers the issuing of a WTR from the pre-minted 1B off-market total supply to the circulating supply. Every time a WTR is retired to offset an equivalent cubic meter of water footprint the token is transferred back to the off-marker supply waiting for a new cubic meter being reclaimed is ready to be paired.
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Wateract retweetledi
Algorand Foundation
Algorand Foundation@AlgoFoundation·
By 2030, water demand will exceed sustainable supply by 40%. Hypercube & WaterLab are using Algorand to tokenize 50M+ m³ of reclaimed water (target: 100M by year-end). Each m³ is tracked on-chain, turning @wtrtoken credits into real-world impact.
Algorand Foundation tweet media
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Wateract
Wateract@wtrtoken·
“in the blockchain” zero, the system is built on Algorand (and the entire platform was fully funded by the founders, so no money from token sales went into that). When a WTR is sold, a share rewards the originator of the underlying physical cubic meter, one share covers infrastructure cost and audits, one part is re-invested to new water initiatives.
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Wateract
Wateract@wtrtoken·
That’s exactly the point actually: water is cheap (or even free) in most countries and by selling treated water at local market price, no expensive new technology would have a reasonable ROI. We are making investments in reclaimed water appealing by providing extra monetary reward for each processed cubic meter💧
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Wateract retweetledi
Ⱥlex | france.algo 🇫🇷
Ⱥlex | france.algo 🇫🇷@algerstmehn·
🚨 By year-end, @wtrtoken (launched in 2024!) will have tokenized 100M m³ of recycled water, equal to 40,000 Olympic-sized pools on Algorand! 💧♻️ A great real-world use case powered by $ALGO! Great article by @Rachelwolf00 and kudos to @wtrtoken for the amazing work! 👏
Ⱥlex | france.algo 🇫🇷 tweet media
Wateract@wtrtoken

💧@wtrtoken featured on @cryptonews in an insightful article by @Rachelwolf00 🙏🏼 cryptonews.com/news/using-tok…

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Algorand Foundation
Algorand Foundation@AlgoFoundation·
🇧🇷 Big news in Brazil for @wtrtoken , built on Algorand. Just weeks after its adoption in Italy, WTR is expanding to Brazil. CearaPar has partnered with parent company Hypercube to bring water credit tokens to Ceará State. #google_vignette" target="_blank" rel="nofollow noopener">opovo.com.br/noticias/econo…
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Ⱥlex | france.algo 🇫🇷
Ⱥlex | france.algo 🇫🇷@algerstmehn·
Once again, massive work and RWA adoption on Algorand thanks to @wtrtoken! 🔥👏 After Portugal with Indaqua and Italy with @gruppocap, @wtrtoken has announced a new partnership in Brazil with CearáPar to turn reused water into tokenized credits on $ALGO, a first in Brazil! 🇧🇷💧
Ⱥlex | france.algo 🇫🇷 tweet media
Wateract@wtrtoken

🇧🇷💧We’re excited to share that at Triplo Fórum Internacional da Governança do Sul Global, CearaPar President announced the partnership with #Hypercube to deploy the #water #credit system in the first State in Brazil!🎉 opovo.com.br/noticias/econo…

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Wateract
Wateract@wtrtoken·
🇧🇷💧We’re excited to share that at Triplo Fórum Internacional da Governança do Sul Global, CearaPar President announced the partnership with #Hypercube to deploy the #water #credit system in the first State in Brazil!🎉 opovo.com.br/noticias/econo…
Wateract tweet media
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Wateract retweetledi
Algorand France
Algorand France@AlgorandFR·
L'adoption d'Algorand en Italie continue grâce à @wtrtoken ! 🔥🇮🇹 @gruppocap, l'une des plus grandes compagnies publiques de distribution d'eau en Italie (2,5 M de personnes desservies, soit environ 4 % de la population italienne), devient la première entreprise publique italienne à adopter le jeton $WTR sur $ALGO pour ses initiatives de développement durable ! 💧 Les jetons $WTR de @wateract sont de véritables crédits d'eau, entièrement traçables via $ALGO, et achetables par des entreprises à forte consommation d'eau.
Algorand France tweet media
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ALLINCRYPTO
ALLINCRYPTO@RealAllinCrypto·
On Algorand $ALGO , @wtrtoken along with its native "ReFi" $WTR token has been adopted by Italian public water utility company Gruppo CAP, enabling businesses and government firms to offset water consumption.  cryptosnackable.com/wtr-token-algo…
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Wateract
Wateract@wtrtoken·
@MrAQUAMAN33 @BitMartExchange 100% we do. By leveraging #WTR we’re able to fund a range of local water initiatives from ultrafiltration through reverse osmosis to larger water treatment facilities. Is one of our goals!
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Mr.AquaMan.33𝕏
Mr.AquaMan.33𝕏@MrAQUAMAN33·
@wtrtoken @BitMartExchange What we need to do is use our tokens to clean the water properly!! The chemicals they use at the Water municipal is basically crimes on Humanity. If we can clean up the water with this project then you got my attention.
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Binsuleiman
Binsuleiman@Binsuleimanx·
@wtrtoken That's awesome, I sincerely love the energy you are putting into the project, How i wish you have a telegram community; it will help alot
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Binsuleiman
Binsuleiman@Binsuleimanx·
This is a remarkable development, looking forward from @wtrtoken to expanding such an amazing project across African regions
Algorand Foundation@AlgoFoundation

A major milestone for real-world adoption in Italy with @wtrtoken 🇮🇹 The WTR token, built on Algorand, has just been adopted by @gruppocap, the public water utility company serving over 2.5 million residents across 133 municipalities in Italy. This is the first formal adoption of WTR by a government-owned utility in Italy, integrating blockchain directly into public water infrastructure management.

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