In a world where over 2.2 billion people lack reliable access to clean water, innovative solutions are imperative. AKE (LAK3) emerges as a pioneering Real-World Asset (RWA) project, leveraging blockchain technology to transform the water industry.y introducing the LAK3 token, the first universal cryptocurrency for water, LAKE aims to create a decentralized, transparent, and efficient ecosystem that invites individuals to participate in and benefit from the water economy.
Tokenomics
he LAK3 token is an ERC-20 token built on the Ethereum blockchain, with a fixed supply of 950 million tokens.ts allocation is designed to ensure the sustainability and growth of the ecosystem while fostering community participation.The distribution is as follows:
- Team: % (57 million LAK3), subject to a 36-month vesting period with an initial 18-month lock-up.
- Early Investors: .5% (14.25 million LAK3), under the same conditions as the team allocation.
- Advisors/Early Contributors: .5% (23.75 million LAK3), with a 24-month vesting period and a 12-month initial lock-up.
- Private Sale: p to 10% (95 million LAK3), subject to a 36-month vesting period with a 12-month initial lock-up.
- Pre-Sale: p to 10% (95 million LAK3), with a 12-month vesting period.
- Exchange Listing: p to 10% (95 million LAK3), allocated across centralized exchanges starting from Q3 2024.
- Marketing/Partnership: % (47.5 million LAK3) dedicated to marketing and partnerships.
- Development: % (47.5 million LAK3) allocated for future development of the LAKE Ecosystem.
- Rewards/Community: 0% (285 million LAK3) dedicated to community incentives and rewards.
- Treasury/Reserve: 0% (190 million LAK3) reserved for the project's treasury.
he fundamental demand for LAK3 is driven by its utility within the LAKE ecosystem.ith a fixed total supply, LAK3 is not subject to inflation.ertain functions, such as concession rights, require burning LAK3 tokens, thereby reducing supply and potentially increasing value.
Underlying Technology
AKE utilizes blockchain technology to create a decentralized platform for water transactions.he LAK3 token is built on the Ethereum blockchain as an ERC-20 token, leveraging Ethereum's robust infrastructure for security and transparency.o enhance scalability and reduce transaction costs, LAKE has chosen to build on Layer-2 solutions, specifically the Polygon network.his approach ensures faster transactions and lower fees, making the platform more accessible to a global audience.
Network Integration
he LAKE ecosystem operates primarily on the Ethereum network, utilizing the ERC-20 standard for the LAK3 token.o address scalability and transaction fee concerns, LAKE integrates with the Polygon network, a Layer-2 scaling solution for Ethereum.his integration allows for faster and more cost-effective transactions, enhancing the user experience within the ecosystem.
Market Status
s of now, the LAK3 token is preparing for its public listing, with allocations planned for centralized exchanges starting from Q3 2024.he token's value proposition is closely tied to its utility within the LAKE ecosystem, and its deflationary mechanisms, such as the "Burn to Secure" protocol, are designed to enhance its market appeal.
Investor Information
AKE has secured strategic partnerships to bolster its mission.otably, it has announced a partnership with Premier League Club Wolverhampton Wanderers FC, aiming to increase brand visibility and promote its innovative approach to water accessibility.
Development Status
he LAKE project has outlined a comprehensive roadmap detailing its development milestones.Key initiatives include:
- Buy Water – Spring to Consumer (S2C) Model: onnecting water sources directly to consumers through the LAKE platform, reducing intermediaries and ensuring better quality and pricing.
- Sell Water – Community to Business (C2B) Model: nabling individuals to participate in large-scale water sales, democratizing access to the water economy.
- Secure Water – Burn to Secure Protocol (B2S): llowing users to secure their water allocation for future use by burning LAK3 tokens, introducing a deflationary mechanism.
- Invest in Water Springs: roviding opportunities for LAK3 token holders to invest in water sources globally, acquiring equity in water projects.
- Donate Water: acilitating direct donations to provide clean water access, with LAKE pledging 30% of its profits to charitable causes.
hese initiatives are scheduled for implementation between Q3 2024 and Q2 2025, reflecting LAKE's commitment to building a comprehensive and impactful ecosystem.
Technological and Innovative Potential
LAKE's integration of blockchain technology into the water industry represents a significant innovation. By creating a decentralized platform for water transactions, LAKE enhances transparency, security, and efficiency. The use of smart contracts ensures trustless transactions, and the deflationary mechanisms embedded in the tokenomics promote sustainable value appreciation. Furthermore, by enabling direct investment in water sources and facilitating community participation, LAKE introduces a groundbreaking model that challenges traditional water distribution systems.
The Burn to Secure (B2S) Protocol is particularly innovative, allowing users to secure future water allocations while reducing token supply. This creates a self-regulating economy that aligns with both environmental sustainability and financial incentives. Additionally, the Spring to Consumer (S2C) Model bypasses intermediaries, improving access to clean water at fair prices. These features position LAKE as a transformative force in the global water economy.
By leveraging Layer-2 scalability solutions such as Polygon, LAKE ensures fast and cost-effective transactions, making it accessible to a broader audience. Its commitment to real-world impact—from water donations to community-driven business models—demonstrates its potential to bridge the gap between blockchain technology and humanitarian needs.
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