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Aquari news
About Aquari
Founded in 2021, Aquari is a community governed cryptocurrency tasked with the goal of restoring all polluted bodies of water on Earth. Aquari's smart contract was designed to ensure project longevity whilst remaining profitable for investors. Raised capital generated from a percentage of the coin's transaction fees directly contributes to purchasing equipment, hiring of specialists and laborers dedicated to the cause of restoring Earth's bodies of water.
Aquari will soon incorporate a voting system where token-holders can vote and have a voice in how funds from the donation wallet are used to organize and orchestrate ocean cleaning duties.
Aquari launched on the mainnet on April 30, 2020 with 100 billion tokens. Several mathematical models were designed to simulate the best possible output for investors and services offered by the organization. The best combinations were provided to the community as a vote. Out of the fifteen-plus models designed, the community voted on:
*10% taxation per transaction
*4% burn of taxed coins
*3% token redistribution among holders
*3% distribution to donation wallet to finance the Aquari Non-Profit
Liquidity pool coins are in a time-locked wallet making the coin un-ruggable. Four percent of the initial supply is sent to the developer wallet. Developer wallet funds are used to cover expenses related to marketing, influencer payments, additional listing fees, additional liquidity support if the liquidity pool is not sufficient and legal support during the Aquari Foundation creation.
Additional information is available on our website, aquari.io.
What is Aquari?
Aquari is a cryptocurrency project with a strong focus on environmental conservation, particularly targeting the restoration of polluted bodies of water across the globe. Established in 2021, it operates as a community-governed entity, leveraging blockchain technology to achieve its goals. The project is distinctive for its dual approach, combining direct action towards marine pollution with the innovative use of cryptocurrency mechanisms.
The core of Aquari's strategy involves a smart contract designed to ensure the sustainability and profitability of the project. A portion of the transaction fees generated by the coin is allocated to fund essential activities such as the acquisition of cleaning equipment, and the hiring of specialists and laborers dedicated to water restoration efforts. This model not only supports the project's environmental objectives but also offers potential benefits to investors.
To further engage its community, Aquari plans to introduce a voting system. This will allow token holders to participate in decision-making processes, particularly in how the funds in the donation wallet are utilized for ocean cleaning initiatives. Such a system underscores the project's commitment to transparency and community involvement.
At its launch on April 30, 2020, Aquari released 100 billion tokens. The project's economic model includes a 10% taxation on transactions, which is broken down into a 4% burn of taxed coins to reduce supply over time, a 3% redistribution to token holders to incentivize holding, and a 3% allocation to the donation wallet to fund conservation efforts.
To ensure the project's security and trustworthiness, liquidity pool coins are stored in a time-locked wallet, making the coin resistant to rug pulls. Additionally, a portion of the initial supply is allocated to a developer wallet, intended to cover various operational expenses such as marketing, legal support, and liquidity pool supplementation if necessary.
Aquari also expands its ecosystem with a blockchain-based adventure RPG game called Aqua Farm, further engaging its community and promoting its conservation message through interactive entertainment.
In summary, Aquari represents a novel integration of cryptocurrency with environmental activism, aiming to create a sustainable and profitable mechanism for addressing the critical issue of water pollution.
How is Aquari secured?
Aquari employs a multifaceted approach to ensure its security and the safety of its users' investments. The project leverages a combination of technological and economic strategies to protect its ecosystem and token integrity.
Firstly, the security of Aquari is enhanced through the implementation of encryption software and optical sensors. These technologies safeguard user data and transactions, ensuring that sensitive information remains confidential and secure from unauthorized access.
Moreover, Aquari has a dedicated security team responsible for monitoring the system's integrity, identifying potential vulnerabilities, and implementing necessary safeguards. This proactive approach to security management helps in preventing security breaches and maintaining the trust of the community.
From an economic standpoint, Aquari secures its token's value by incentivizing contributions and linking the success of its token to the achievements of its partners. This strategy not only encourages community participation but also aligns the interests of token holders with the project's long-term goals.
The project's smart contract is designed to support project longevity while offering profitability for investors. A portion of the transaction fees generated is allocated to fund environmental restoration projects, specifically aimed at cleaning polluted bodies of water. This creates a tangible impact, further securing the project's reputation and the value proposition of its token.
Aquari also incorporates a governance model that allows token holders to vote on the use of funds, particularly in relation to ocean cleaning initiatives. This democratic approach ensures transparency and accountability, fostering a sense of ownership and responsibility among the community.
Additionally, to mitigate the risk of rug pulls, liquidity pool tokens are stored in a time-locked wallet. This measure, along with a structured distribution of tokens, including a burn mechanism and redistribution among holders, contributes to the project's security and stability.
In summary, Aquari's security is achieved through a blend of technological safeguards, economic incentives, community governance, and strategic token management. These measures collectively contribute to creating a secure and sustainable ecosystem for its users.
How will Aquari be used?
Aquari is a cryptocurrency with a mission to tackle the pressing issue of water pollution by restoring polluted bodies of water globally. It operates on a community governance model, allowing token holders to influence the project's direction, particularly in how funds are allocated for conservation efforts. The innovative use of Aquari's smart contract ensures the project's sustainability and profitability for its investors.
The primary use of Aquari is to incentivize contributions towards conservation organizations and fund operations aimed at cleaning and restoring water bodies. A portion of the transaction fees generated from the coin's activity is allocated to finance the necessary equipment, specialists, and labor required for these environmental initiatives. This mechanism ensures a steady flow of resources towards achieving the project's goals.
Aquari also plans to enhance its application with features like AquaVote and Trading View, enabling token holders to vote on project decisions and access advanced trading analytics, respectively. This participatory approach ensures that the community remains at the heart of Aquari's operations, fostering a sense of ownership and responsibility among its members.
Furthermore, Aquari aims to expand its impact by partnering with external cleanup groups, thereby extending its reach and effectiveness in combating water pollution. The introduction of a forum and wiki will facilitate community engagement and knowledge sharing, strengthening the project's foundation.
The token economy of Aquari is designed to reward contributions and investment in the project. With mechanisms such as a 10% taxation on transactions, which is partially used for token redistribution among holders and financing the non-profit's activities, investors are incentivized to support the project's long-term vision. The liquidity pool coins are secured in a time-locked wallet, ensuring the project's resilience against potential market manipulations.
In summary, Aquari leverages its cryptocurrency platform to fund and promote water conservation efforts, incentivize community participation, and ensure project sustainability through strategic financial mechanisms. Its commitment to environmental restoration, combined with innovative blockchain technology, positions Aquari as a significant contributor to global conservation initiatives.
What key events have there been for Aquari?
Aquari has marked its presence in the cryptocurrency and environmental conservation space with several significant milestones since its inception in 2021. This cryptocurrency, with a community-driven governance model, aims to tackle the pressing issue of water pollution globally. Its journey began with a successful launch on the mainnet on April 30, 2020, introducing 100 billion tokens into the market. This launch was underpinned by a carefully designed smart contract to balance project sustainability with profitability for investors.
A notable feature of Aquari is its transaction fee structure, which includes a 10% taxation on transactions. This fee is allocated in a manner that supports both the community and the project's environmental goals: 4% of the taxed coins are burned, 3% are redistributed among token holders, and the remaining 3% is directed to a donation wallet. Funds from this wallet are crucial for financing the project's core mission of restoring polluted water bodies, covering expenses for equipment, specialist hiring, and other operational needs.
In its commitment to transparency and community involvement, Aquari plans to introduce a voting system. This system will empower token holders to influence how funds in the donation wallet are utilized for various ocean cleaning initiatives.
Beyond its innovative funding model, Aquari has also focused on technological development and partnerships. Key events in its roadmap include the initiation of research and development on technological innovations for environmental cleanup, the nearing completion of the Aquari App, and expansion onto different blockchain chains. These efforts are complemented by strategic partnerships with new cleanup organizations and a focus on incentivizing community contributions through the Aquari cryptocurrency.
The project's dedication to environmental conservation is further evidenced by its support for sustainable conservation organizations and the deployment of the Aquari App's front-end interface. These initiatives are part of a broader strategy to engage the community and leverage blockchain technology for meaningful environmental impact.
As Aquari continues to evolve, it remains committed to its mission of restoring all polluted bodies of water on Earth. Its approach combines technological innovation, community governance, and strategic partnerships to address environmental challenges. However, as with any investment in cryptocurrencies, it's important for potential investors to conduct thorough research and consider the inherent risks.
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The live Aquari price today is $0.000010 USD with a 24-hour trading volume of $5,934.22 USD. We update our AQUARI to USD price in real-time. Aquari is up 3.72% in the last 24 hours. The current CoinMarketCap ranking is #4989, with a live market cap of not available. The circulating supply is not available and a max. supply of 100,000,000,000 AQUARI coins.