The D.E.B.T. Water (DRIP) Project is supported by royalties generated from the production of multiple consumable water products, such as retail packaged water, sparkling water, spring water, etc. The experience of DRIP’s partners combined with negotiating abilities and technological innovation contributed by D.E.B.T. provides the opportunity for royalties to be used to vault DRIP tokens out of the ecosystem and burn them annually, allowing the demand to rise and the value of tokens to potentially increase over time.
The D.E.B.T. Water (DRIP) Blockchain Project tokenomics have been designed based on the economic theory of supply and demand. Tokens are mined from the DRIP Ecosystem Growth Initiative (EGI) pool on a half-life cycle. Each annual cycle, half of the tokens in the EGI are made available to be mined to mining license holders, and the other half will be mined by the treasury. Vaulted tokens will be released annually and burned. A limited number of DRIP tokens will be available to be mined, and therefore placed into circulation, by a limited number of mining licenses. This is not an Initial Coin Offering (ICO) project structure. See the DRIP lite paper for further information on its tokenomics.
A percentage of revenue generated from the production of a variety of consumable water products will be converted to DRIP tokens and burned. With multiple water products being produced, DRIP tokens will continue to be taken out of the market through vaulting. Royalties received from production as well as internal token functions will be vaulted and then burned annually to reduce the number of tokens in circulation. With diminished supply comes increased demand, thus potentially increasing the value of the token over time.
See For Yourself
DRIP is a BEP-20 token running on the Binance network. The token contract, daily mining, and wallet holders can be found on BSC Scan. Market value, available liquidity, and available trading pairs can be found on PancakeSwap. Buy some DRIP tokens today and participate in the growth of the D.E.B.T. ecosystem.