Water150's W150 Achieves MiCA Compliance as Europe's First RWA Utility Token, Setting a Benchmark for Transparency and Credibility
Regulatory Approval: Water150’s W150 token is the first utility token linked to a real-world asset to receive full approval under the Markets in Crypto-Assets Regulation (MiCAR) in Europe, ensuring compliance with the highest cryptocurrency regulatory standards.
Token Functionality: Each W150 token represents the right to one liter of premium spring water per year for 150 years, with a maximum supply of 210 billion tokens, and holders will receive DROP vouchers redeemable for water from any of the 1,000 planned wells starting in 2027.
Consumer Protection: The MiCAR framework aims to enhance market integrity and consumer awareness regarding the risks associated with crypto-assets, providing a legally supervised environment for the W150 token.
Longhouse Foundation: Water150, developed by Longhouse Water S.A. in Luxembourg, connects certified wells to a tokenized ecosystem, promoting sustainable access to premium spring water while ensuring transparency and accountability in its operations.
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