The Power of Clean Water. Sansox ICO rating – not rated.
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PRE ICO Dates : 27/08/18 – 10/09/18
About Sansox ICO (token sale)
Our resources on Earth are not as abundant as it once was. It may be true to many that we go about our daily lives not thinking about it as it might not affect our lives directly. Yet. There is however clear evidence showing that if we do not act and do something about our water consumption the world will suffer a severe water deficit.
According to UNESCO, 90% of all wastewater in developing countries is dumped, untreated straight into the ecosystem causing major environmental and health risks.
For years, Sansox has made it their life mission, to ensure that treated water and access to clean drinking water for all people in the world becomes a reality. We invested heavily in award winning technologies that enable communities to treat their water and have done so with pride. Unfortunately, having award winning technologies is not enough these days.
To receive financing for projects of this sort is very challenging nowadays due to several factors like political pressures, centralised banking structures and potential geographical risks. Even though the market has massive potential, the knowledge regarding the existence of these technologies seem to pass relatively unseen by local communities. This usually stems from the fact that politicians and other public institutions are tied financially due to low budgets and little knowledge.
This is where we believe in the Blockchain technology and its community. We believe that in such cases where a centralised system interferes with the greater good of the people, people should have the chance to take matters into their own hands. A decentralised system can give us all the power to change the way in which water is treated and distributed, in all areas of the world and in all walks of life. Most importantly it’s all about doing so in an affordable and environmentally friendly way.
The utility tokens purpose for Municipalities, Housing associations and Private Real Estate owners is to get cheaper, clean water. People and societies who struggle, due to water shortages, can get it as a donation from local non-governmental organisations. These will have received tokens from Sansox as an incentive for its distribution in that area. This provides Sansox with new customers and most importantly, it provides people with the option to have clean water without having to prioritise differently in their daily lives. Once customers have received and used the utility token for clean water, they can continue to purchase the token at the market price whilst still receiving more water than what the market price would normally give. By utilising the token, the creation of a circular economy can be possible in places where there otherwise would not be affordable clean water. By being able to provide a way for anyone to get access to clean water without having to compromise the way municipalities do today, Sansox can use the token and blockchain, to distribute clean, treated water to places where it would otherwise be hard to do so.