AMA Recap 404 Daily Crypto with Savewater Token

404 Daily Crypto
14 min readJul 10, 2021

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Hello 404 Daily Crypto Community

On 10th July 2021, Savewater Token conducted an AMA in the 404 Daily Crypto. Our guest is Savewater Token Team.

Lots of questions as usual from the Community about Savewater Token progress. The Savewater Token team took part in a very interesting AMA session which included Project introduction, Questions from Twitter and a live AMA session with the 404 Daily Crypto community. If you missed the AMA in person, read this recap for a deeper insight into Savewater Token .

Let’s take a look at the most interesting points of our conversation.

📍Session 1 » Project Introduction

please introduce yourself, your background and your roles within Save Water Token

Savewater Token Team: Thank you so much for the opportunity. I have been in the waterworks industry for about 30 years or so. Many of my co-workers have been in their respective industries for many years. The advent of crypto technology and token distribution is the component that has been missing all the years.

Crypto tokens give us the ability to distribute funding and other resources independently from interference by government and other role players who would normally prevent these benefits from reaching the real people with the real needs. My role is implementation.

Can you give us a brief description about Save Water Token and how you came up with the idea?

Savewater Token Team: Ok, so the project is a method for us to reach basically every person in the world who requires access to clean drinking water. The statistics about water is absolutely scary. More than half the people in the world do not have clean drinking water. The ones who have it, receive it in water pipelines.

The global pipe leakage percentage is 50%. So basically half the purified water in the world is lost between the purification plant and the client.

For the people who do not have access to clean water, it either means that they are living in a place where there is no water, or there is water but it needs to be purified. For the people who live in a place where there is no water, we wish to provide water like boreholes, dams etc. For the ones who have access but the water cannot be consumed, we need to provide a way for it to be purified and delivered.

For the ones who do have drinking water like you and me, we need to reduce the 50% leak rate. This is done by maintenance or upgrading. In Africa, 84% of all water supply authorities are dysfunctional, not providing services. I South America, almost 40% of municipalities are dysfunctional. And so it goes globally.

What measures can you let our community know to give them confidence in the project?

Savewater Token Team: Well, our token is only an extension of existing businesses that are very prominent in the waterworks sectors already. Our token may be a startup project, but the underlying group of companies, suppliers, clients and contractors are not. The token will enable us to complete more projects and break some red-tape barriers that we are currently experiencing with FIAT money transfer to people. Also, if you give people FIAT money, they might spend it in the wrong places and on the wrong things.

What is so exciting about Save Water Token, which might make Save Water Token different from all other projects out there?

Savewater Token Team: Well, if you look at most of the other crypto projects out there, they fall within certain categories. Most of them solve problems on the internet. They solve problems in cyber space and in the crypto space. Our project on the other hand, addresses the basic need of people. Water. That is the most basic requirement for human survival. We are working at that level. All these other fancy projects will not exist if people don’t have drinking water.

so it is long run project right? cause people will always drinking water all the time

Savewater Token Team: Very valid question. Firstly, as I as I mentioned before, our project focuses on providing for a human basic need, water. We are therefore confident that the project will always be profitable because it provides items and services that people NEED, instead of what they WANT.

The longevity of our project is guaranteed, because people always need water, even if Windows 10 is replaced by Windows 11, 12 and so on. All these other technologies and their needs case eventually become redundant or they become less fashionable or get replaced by something “cooler”.

Well, there is nothing “cooler” than having water to drink. So our project, if managed well and supported well by the communities it serves, should outlast basically any other project out there.

Please provide some information about your Roadmap, How Save Water Token is progressing so far? And what Save Water Token is currently focused on?

Savewater Token Team: Please provide some information about your Roadmap, How Save Water Token is progressing so far? And what Save Water Token is currently focused on? — Thank you for this question. At the moment, the underlying companies in the group are conducting business as usual, and they have secured quite a few medium to long term government contracts all over the globe.

It is in this environment where we have identified many limitations of the current water supply funding and implementation regime. Some communities are not being supplied with water because of political issues. Some communities never receive donor funding because of theft, corruption and even if they do receive funding, it is only a percentage.

Also, normally, these donations and funds to not really benefit the entire business ecosystem in that area. We have had examples where a certain country wanted to donate a large amount of money to another one for water pipes. The receiving country did not take the money because of their balance of payments would have been negatively impacted. So the donor country decided to dump millions of USD of pipes in the towns and this killed the local pipe producing businesses.

The problem here is the FIAT financial system. Because of its distributive ecosystem, crypto can solve this problem.

Roadmap —

  1. For now, we wish to start trading our tokens so that we can determine a value.
  2. We will get billions of tokens onto the hands of people and businesses who need them.
  3. We will continue expanding the network of local businesses, suppliers, contractors, and other parties who are willing to accept this token as a payment method.
  4. We aim to list on as many exchanges as possible so that the token can be accessed by every person on the planet.
  5. We will increase our marketing efforts and our representation footprint. I will post some photos of real projects that we have completed and some that we are busy with right now

We literally have thousands of photos of projects, so I am sure the members get the picture.

📍Session 2 » Question from Twitter

— Question from Twitter @LamaAsu1
Many people, the main focus of any crypto community is on the price of the token. When prices go up, people are happy, when they go down, people start to leave. What is the SaveWTR team’s plan to strengthen and grow a loyal community, and see the product as more than its price

Savewater Token Team: Valid Question. Our token buys real equipment and assets and not cyberspace items. These items don’t lose their value overnight. Our community is our clients, investors like yourself and our suppliers and contractors. These are real. We believe the value will remain strong

— Question from Twitter @Dekukun75878836
Without proper marketing and capital infusion, project dies, how do you convince us you have adequate marketing power and capital to push this project to the top project?

Savewater Token Team: Very good question. We are not a startup. The SAVEWTR token project might be one, but is merely an extension of our existing group of profitable companies already operating for 30 years or so.

— Question from Twitter @LamaAsu1
Only getting users, holders etc is not everything. In my opinion, a project needs to deal with solving a real world issue or problem What is the problem that Save Water Token project primarily focuses on?

Savewater Token Team: You are correct. Our project focuses on providing for a human basic need, water. We are therefore confident that the project will always be profitable because it provides items and services that people NEED, instead of what they WANT. The longevity of our project is guaranteed, because people always need water.

— Question from Twitter @Pabloesc0b4r
Most investors only focus on the price of short term instead of the real value of the project. Can you tell me the benefits for long-term for Savewater investors?

Savewater Token Team: Another good question. Because of its distributive ecosystem, crypto can help solve some challenges in our industry. We will get billions of tokens into the hands of people and businesses who need them. We will continue expanding the network of local businesses, suppliers, contractors, and other parties who are willing to accept this token as a payment method. Therein lies the value.

— Question from Twitter @Blanbluzz1
Many projects are just projects that make deceptive promises created by cloning existing ones and are similar to existing ones. Do you have features that are unique to you, that you have developed and that make you special?

Savewater Token Team: Valid question. Our token is a method of expanding our existing work into communities who previously had no access to it because of FIAT money restrictions and corruption. Or token will buy real world products and services for real communities, in real places. Although our smart contract and token model might be similar to some existing projects, the real world application sets it apart from anything else.

📍 Session 3 » Community Questions (Live AMA)

— Telegram User
Can you list 1–3 killer features of Your Project that makes it ahead of its competitors? What is the competitive advantage your platform has that you feel most confident about?

Savewater Token Team: 1) Real world, real items, real people 2)Existing businesses, existing clients 3)Many succesful project completions

— Telegram User
I believe that SaveWTR is really Great and has very big Potential to Thrive in the future. Can you please Tell me how I can do Investment with SaveWTR? Do you have any ICO or maybe presale now?

Savewater Token Team: Thank you so very much. At the end of the discussion, ADMIN will post the links

— Telegram User
Southeast Asia is a very vibrant market and many project developed here so with your project What do you think about Southeast Asia and do you have any plan to develop here?

Savewater Token Team: Yes, we also see South East Asia as an exciting market for various reasons. One major reason is the good and hard-working people. There is an energy that just needs to be unleashed. And we believe we can help the people there and equip them to help themselves.

— Telegram User
Those Investors & Partners, who have invested in how will you make sure that they get good returns & how will you Protect the Busy for them?

Savewater Token Team: Thank you for that, if you have a look at my previous replies, the answer is there.

Does #SAVEWATER have a Coin Burn / Buyback system or a Token Burn plan to increase Token value and attract Multiple Investors to invest? The traditional crypto token model is to burn tokens in order to reduce availability and drive up the value. The jury is out on whether this is actually achieved, but that is a subject for another discussion. And the reason why they do that , is that in terms of the global population, the crypto buyer percentage is quite low and there are thousands of token projects out there with quadrillions of tokens. Therefore there is an oversupply. We wish to take exactly the opposite approach.

If we distribute enough tokens to enough people who need them, I believe there will one day actually be a shortage, really driving up the value instead of an artificial shortage created by a burn. Anyway, each token will be valuable to someone out there. Why should it be destroyed?

— Telegram User
Can you talk about the future plan of $SaveWTR ? and How can I contribute to the development of $SaveWTR ?

Savewater Token Team: Roadmap — 1) For now, we wish to start trading our tokens so that we can determine a value. 2) We will get billions of tokens onto the hands of people and businesses who need them. 3) We will continue expanding the network of local businesses, suppliers, contractors, and other parties who are willing to accept this token as a payment method. 4) We aim to list on as many exchanges as possible so that the token can be accessed by every person on the planet. 5) We will increase our marketing efforts and our representation footprint.

— Telegram User
All project coins have their main Utilities & real-life usecase! So, Can you tell us what are the main role of your coin in your ecosystem? Explain it’s Utilities & Real-Life usecases? and Why should i invest in your coin for long term?

Savewater Token Team: thanks for that, but I have already answered that question

— Telegram User
What are the list plans of $SaveWTR ? What will you do in the future so that $SaveWTR can list other exchanges and moreover dramatically increase transaction volume?

Savewater Token Team: I have previously answered with our roadmap. As you might well know, some exchanges are better and more suitable for certain projects over others. Our team will evaluate our options for each area that wee expand into. But you are right. We need to give people access to this token, whatever it takes

— Telegram User
Smart contracts are vulnerable to bugs, and even recently three big new DeFi projects were victims of this, costing users funds. How efficient and secured is #SaveWater smart contract, and did you ever audit it via any external party?

Savewater Token Team: I agree. Our Tech team is constantly working on this. But as you know, cyber security is an age-old battle with winners and losers and fortune swinging like a pendulum. But we do what we can according to global best practice.

— Telegram User
The idea of your project is really unique and incredible, How did this idea come about?

Savewater Token Team: I am so grateful for that. Thank you. It is actually quite simple. We work with water projects on a daily basis, and we are so frustrated by governmental, political and institutional red-tape. We had to find a solution. The crypto environment allows us to assist people in a non-political and honest way.

— Telegram User
Everyone knows, if you want to go fast, go alone, but if you want to go far, you go with your partners, so with Your Project which partners will promote and help Your Project reach and achieve the project’s goals?

Savewater Token Team: Thank you for that. This is one of the best questions. Our partners here are not internet crypto quick money investors or whales, or even dolphins. Our partners here are you, the investor, real people, real equipment suppliers and real companies. These are our partners. Not Telegram scammers and fake twitter profiles. Real people, real problems, real solutions.

— Telegram User
Your foundation idea is very new, so it takes a lot of formula and takes a long time to develop. This must have a tricky point for you? Do you agree that the strength of the community will lead your project to grow globally?

Savewater Token Team: Also one of the best questions. I partially agree. But remember that the SAVEWTR Token is an extension of existing businesses that have delivered hundreds of real world projects before. Of course, all projects are tricky. But that is why good leaders surround themselves with brilliant people. Our team is no exception.

— Telegram User
What pIans do you have to educate: raise awareness and appIy in the community to make more peopIe understand about your project and its technoIogy? How to get more attention from peopIe?

Savewater Token Team: Also a brilliant question. We already have many suppliers, contractors and clients who are aware of this project and they are all waiting for launch. The model will be successful because people need equipment. They will have SAVEWTR tokens that they want to use for buying this equipment. If certain shops don’t accept them for payment, they can go to other shops. The shops who did not want to accept these tokens will very quickly adopt because they don’t want to lose the business. So token holders and redeemers will be one of the main drivers for adoption.

There are other methods to drive adoption that for various reasons I am not able to discuss here.

— Telegram User
How do you Bring your project to GLOBAL level..💧 Specially How Do you attract NON ENGLISH USERS ?what are the marketing Stratergies ?

Savewater Token Team: Also brilliant question. Certainly, language can be a barrier to participation. We invite affected communities to engage with us in their mother tongue and we will ensure that they are heard. We will post our email address just now and we invite you to please talk to us in any language that you prefer.

— Telegram User
Ambassadors play a very important role in every project Do you have an ambassador program? If yes, How can I be one?

Savewater Token Team: Very good question. Of course we are open to suggestions on how brand ambassadors could assist their communities to access our services. Please engage with us at our email address. We really look forward to working with you.

Thank you for answering questions from our community. Before the end of the AMA, would you like to give an opinion to our Community?

Savewater Token Team: Yes, we are a global community community who is facing tolerant times of political upheaval, institutional exploitation, depletion and destruction of natural resources and a general loss of good personal values. this is forcing us to focus inwards and make us suspicious and selfish. This causes inaction that delays projects by months, sometimes years. Projects like the SAVEWTR Token enable the global community to hold hands in a non-political and non-institutional fashion and to actually get things done. We need your support.

I thank all of you so much for taking the time to listen to us and express your support for our wonderful project. Please spread the word, invest in the token and help us to identify projects by posting them on another group page which we will establish soon. Look out for our activities in your countries and your communities. The higher the token value, the more people we can help because we will have more funds to assist you. This is a project where you can help us to help you.

If you believe in our project and if you want to help your fellow human being, you can invest in our SAVEWTR Token on Pancakeswap.

You can also talk to us at info.savewtr@gmail.com

We invite you to add Liquidity and Swap your tokens for SAVEWTR

For more information and future AMA, join our Social Media channels:

► 404 Daily Crypto Group: https://t.me/DailyCrypto404
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► 404 Daily Crypto Twitter: https://twitter.com/404DailyCrypto

📍 More information on Savewater Token:
❇️ Website: http://savewtr.com
❇️ Twitter: https://twitter.com/SavewaterT
❇️ Telegram: http://t.me/savewtr_token

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