Historical Swedish well, named Satra Brunn, is revealed by Water150
In a revolutionary move, Water150, a blockchain-based project by the Longhouse Foundation, is set to transform the way we access drinking water. The project, led by Longhouse Water150 S.A. in Luxembourg, aims to provide users with secure, high-quality, and sustainably managed drinking water for at least the next 150 years, starting in 2027.
The project's inaugural secured natural spring source is the historic Sätra Brunn well in Sweden, one of the country's oldest and best-preserved natural spring water wells, located in a 324-year-old Swedish village. Each liter of water secured in the Sätra Brunn well is fully backed by a corresponding Water150 token, issued on the Ethereum blockchain.
Starting in 2027, each W150 token will automatically issue 1 DROP voucher per year, redeemable for 1 liter of premium spring water. The redemption of DROP vouchers does not affect the W150 token, ensuring ongoing access rights for token holders. The amount of Water150 tokens in circulation is a verifiable measure of the volume of annual water flow available within the ecosystem, audited by independent third parties.
The Markets in Crypto-Assets Regulation (MiCAR) cryptocurrency regulatory standard recognized and adopted throughout Europe has approved the W150 token. This approval, coupled with the project's commitment to transparency and sustainability, positions Water150 as a pioneer in the realm of real-world asset (RWA) utility tokens.
Water150 plans to build a global network of 1,000 premium mineral water sources, managed under the Longhouse Water Quality Standard. Each water source added to the Water150 network will be measured according to the pedigree and based on the foundations of the historically reliable Sätra Brunn natural spring.
Token holders can opt for self-tapping at certified wells or pay for bottling/distribution at competitive rates, with the process beginning in 2027. The first batch of 66 million Water150 tokens to enter circulation will fully back the annual supply from the Sätra Brunn well.
The project empowers users to secure long-term water rights and fosters a transparent, 150-year vision of hydration backed by real-world assets. With the network composed of water sources that adhere to international standards (ISO 17025), Water150 is poised to redefine the future of water management.
The next historic natural spring to be integrated into the Water150 project after the Sätra Brunn spring in Sweden has not been specified in the available information. However, the project's ambitious goal of connecting certified wells, starting with historic sources like Sätra Brunn, to a network of 1,000 springs, promises a future where access to clean, sustainable water is just a token away.
