💧$WATER Token Details

$WATER tokens are the digital representation of a real world asset (RWA). The utility of $WATER is that it represents legal ownership over the underlying asset - when you buy $WATER, you are buying water.

Every $WATER token has the functionality to be traded as a water contract or converted to physical water. This gives users of the $WATER ecosystem optionality when it comes to how water is valued.

As a RWA, the fundamental value of $WATER is always tied to the value of the actual water that is produced. But as a digital water contract, $WATER has the added functionality that it can be held as a water futures contract to take delivery of water in the future.