Ever wonder how Bitcoin got its start? Tracking the latest on the Dogecoin craze but wishing you had gotten in sooner? Introducing the newest Cryptocurrency: AquaGoat! Only 22 days old, this ecological yield-generating social cryptocurrency is being developed by local Filipino-Canadian Patrick Aberin and his team.
Within the past week, the price of this community-driven coin has skyrocketed to over 6000%, with their network of holders growing from 1,600 to over 60,000 strong. The AquaGoat community chat on the Telegram app went from 400 to over 8,500 members, with countless others on their related social media platforms such as Discord, Twitter, Facebook, Instagram, and TikTok. Their donation wallet that goes toward ocean clean-up and other water projects has amassed over 200 Trillion AquaGoat so far, worth over $180,000 at their most recent all-time high. Even with the highly volatile markets of cryptocurrency, several local investors have reported seeing their accounts’ values grow ten to twenty times what they initially invested so far. And this is just the beginning, according to Aberin.
AquaGoat’s focus is on saving the planet’s oceans, while building value through different use-cases, projects, integrations, and partnerships. “AquaGoat focuses on ocean conservation efforts, partnering with and donating to ecological organizations and charities such as The Ocean Clean Up to see a greener planet and a bluer ocean. On top of that, we are also building value for the token by working to provide use cases in the real-world, such as e-commerce integration for use in material purchases, and the crypto space, such as yield-farming, a proprietary decentralized exchange, and NFTs,” explains the 22-year-old.
Compared to conventional major cryptocurrencies like Bitcoin and Ethereum that operate on a Proof-of-Work system (mining), which impact the environment through their high-energy consumption, AquaGoat is run on the Binance Smart Chain, which operates on a Proof-of-Stake system, meaning that transactions are verified through a liquidity pool. Proof-of-Stake consumes much less power and therefore has little impact on the environment, aligning with AquaGoat’s vision to save the planet.
“ I expect to see AquaGoat to be an industry leader in the new emerging market of yield-generating Decentralized Finance (DeFi) tokens. Within this year, all or most of our planned use-cases should be fully operational and running, and I expect many new partnerships to come up as we grow our network of ocean conservation organizations and charities to continue with our mission to save our planet’s oceans. Into the future, we intend to open offices to be able to further our mission to save our oceans, as well as open the AquaGoat scholarship program,” explains Aberin.
Anyone who buys AquaGoat earns interest from every transaction, based on their hold of the total supply. Aberin likens it to a kind of crypto version of a high-interest savings account. When transaction volume is heavy, such as during large price swings, holders can earn a lot of interest, compared to the usual static rate of about 1% per annum given to by a conventional financial institution. Instead of 1% a year, it’s very possible to earn 1% in just a few days. Additionally, because the interest is paid out in AquaGoat, holders can continue to build their investment without having to add in extra funds.
At the moment, any interested parties will have to purchase BNB (through Binance.com or a related exchange), set up a crypto wallet and purchase via PancakeSwap. Aberin and his team are actively working on getting listed with larger exchanges to make the process of purchasing much easier. In the meantime, early investors must go through several steps in order to acquire AquaGoat. The development team put together two different step-by-step guides to help simplify the process for new investors or investors new to the decentralized cryptocurrency market. These guides can be found here: http://bit.ly/AquaGoatBinance and http://bit.ly/AquaGoatTrustWallet1
“It is never too late to get into AquaGoat, especially at market dips. Whether you are in this to help save our oceans, or to simply profit and make some money, at least you can feel good knowing that you are doing both! It’s all for a great cause at the end of the day,” says Aberin.
The development team prizes transparency, so they host weekly AMA’s (Ask Me Anything) where any community members can listen or ask questions. They also value educating their holders, so they are in the process of setting up weekly seminars on wise crypto investing.
For more information on AquaGoat and how to invest or partner on initiatives with them, go to https://www.aquagoat.finance/ or email Aberin directly at [email protected](Jhunehl Fortaleza).
