🌐Waterlab -> WaterDAO
WaterLAB autonomously manages $WATER classification and certification by making critical water information publicly viewable through smart contracts and will become a decentralized organization for receiving proposals and issuing credits to qualified water projects.
WaterDAO will generate income by sponsoring high impact water research that unlocks voluntary water markets and will use the output of the research to generate revenue through strategic partnerships to promote decentralized water (called decentralized science or DeSci).
Through a program called ARPA-W, which stands for Autonomous Research Program Agent for Water, WaterLAB funnels revenue from the sale of water credits towards research that helps to reduce the cost of water production and advances the science of desalination (link to projects page: https://www.waterlab.ai/projects).
Holders of $WATER participate in the development and commercialization of ARPA-W projects and receive rights to the underlying IP (IP license).
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