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Some examples of how the impact fund is going to get utilised:
Digital Art: Here the main aim of the investment will be to support artists across disciplines contributing to the
well being of our planet. The artwork of these artists will go on a special 1/1 auction with the holders of Crypto
Coral Tribes getting exclusive access to it and a share in the revenue earned from the sale.
Marine Conservation: This will be directly linked to expanding their research, infrastructure and networks to
increase the commercial viability of coral restoration operations. Here the holders will get free memberships to
go diving at marine reservations across the globe.
Sustainable Business Ventures: Here the main aim will be to save endangered coastal areas and support local
communities while promoting sustainable practices through permaculture farms, eco-home infrastructure and
renewable energy systems.
Staking: Since the community is going to be included in every decision of the project and they will get benefits
from these investments, there needs to be a utility token and $AQUA is the utility token of Coral Tribe.
Benefits linked to holding $AQUA are as follows:
1. When you stake your NFT, it will increase the weight of your vote in the impact fund which will later
decide how much return are you going to have from that investment.
2. Rewards purchased by holders through $AQUA can be linked to your CCT NFT- creating a mechanism for
increasing the NFTs’ value and rarity. Once the NFT is traded, any rewards tied to it will be passed on to
the buyer.
3. Each reward will be capped so only a limited number of people will have access to it — thus acquiring
rewards can be thought of as acquiring rare traits with unique utility.
4. $AQUA will be the exclusive bidding token for the 1:1 Super Corals auction (5 pieces total).
5. $AQUA will give access to the breeding of the Gen2 collection.
6. The team has planned a launch of Sustainable Merchandise designed by Christian Chegne, co-founder of
the CCT and former creative lead for Calvin Klein, Versace and others. $AQUA will give you the option to
buy this merchandise.
7. Nature Retreats: To build a strong bond among the community there will be some IRL experiences
organised by the project, the passes of which can only be bought via $AQUA.
Solarpunk Academy: Solarpunk is a movement that envisions a future where technology, clean energy and selforientation
come together to form a new civilisation.
The main aim of this academy will be to provide a series of art workshops with their artist, learning resources
around self-sufficiency and financial sovereignty, as well as hackathons supporting tech solutions to
environmental problems.
Metaverse Integration: Since the team has planned so many things to do in the real world, why not take the
vision to the virtual world as well. And as per the lite paper, they are fully ready for a metaverse integration
with the 3D rendered Crypto Corals produced by Darko Mitev — former producer for Disney, Netflix, Apple and
others.
SHILL Issue #54
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