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CEO

How Crypto Can Help Water

Jul 9, 2021 9:27:30 PM

Insider Briefing of 8 July 2021

Can we create a water coin for the world while building our business? And what does that have to do with a community governance token? Find out how we can harness the energy of millions to make a difference.

 


FEATURED/COVERED IN THIS BRIEFING – QUICK LINKS


Transcript from recording

Introduction

Riggs Eckelberry:

And good evening, everyone. Welcome to the CEO live briefing. They get more exciting every day, every week. Unfortunately, I don't do it every day. I would not have a life, but lots of exciting things happening and there's never a lack of news. So while people are joining us, I'm going to go ahead and do the minor stuff. The routine stuff.

 

20210708 WITNG title

 

Of course, Water is the New Gold and is really proving to be a market that does better than inflation consistently. And that is very important for these days. July 8th and briefing number 118.

Spanish translation

 

And so at the bottom of your Zoom dialogue, there's a globe and you can listen in Spanish if you like.

 

Safe harbor

 

All right, safe harbor statement, as usual, we do our very best to tell you like it is, and we will correct it when we find out better.

 

Community platform

 

Handling Important Water Issues

All right, we've had a challenge with crypto and it's really comes down to, not really crypto. It's not about crypto. It's about how do we handle important water issues in the world. One company can't do everything.

We think that Water on Demand™ is going to have huge effects, but it's a big world and has big problems. And 6,000 kids a day, more people dying from water than war. These are things that are well beyond a single company. And so you really need a community platform.

What I'm going to do now is, I'm going to recap some of our efforts, which led us to this realization. And Ron says, "Good evening, everyone," and good evening to you, sir. All right. So I'm going to go ahead into video mode and I'm going to play something that appeared on RT, Russian television back in 2018.

I apologize. This was not the, that will appear later. This is a reel, that's been produced for the media. Here we go.

 

Start of video presentation

 

Crypto Currency Can Help Heal the Planet

 

Our Mission

 

Riggs: Our mission is to bring water into the digital world. And we've been working on this for a long time.

 

WaterChain Consortium image

 

2018 was an amazing year because it's really when cryptocurrency started to break out and we saw that there could be a potential business application. And so I saw a chance to essentially encode water into a currency that could then be used.

 

Riggs at Silicon Valley d10e

 


We launched this process and I started going to different conferences. There was a decentralized conference in Silicon valley, d10e that was very important.




Riggs speaking at d10eSpeaking at d10e conference in Silicon Valley

 

Decentralized Funding of Water

Riggs: "The world will run out of water. There'll be 40% more demand for water than there is supply just 12 years from now, half of the world's citizens will live in water stressed areas. And by the way, if you think you're in the Midwest, you've got a lot of water, think again. The Ogallala aquifer is running dry."

And I was able to express this concept of decentralized funding of water. It culminated in this week called Restart Week at Puerto Rico with literally three different conferences happening in one week.

"And I said, how do you get your waters? Water is not a problem."

"Yeah, but is the water free of toxins? This is no. The pharmacies, the farmers are messing up the aquifer. And this is a fact not just in Puerto Rico, but everywhere."

Riggs PR interview with Russian TV

 


"80% of all water in the world is not treated. It's just runs into the ocean. So a trillion dollar water industry should be a $5 trillion water industry. And we had to speed that up."


 

Riggs speaks on WaterChain at Restart Conf in PR

 

Crypto Winter

"Water chain is going to enable this mega trend by funding next generation treatment citizens."

What was happening though in the background was that one of crypto's pullbacks was happening. And what we now know is crypto winter of 2018. And eventually we said, "You know what, the market's against us, we're just going to have to chill."

We arrive at 2020.

Money TV Feb 2020

 

The Real Reason

"The economy is cooling down. No question about it. We see this coronavirus business."

And we finally spotted, "What we're seeing here is a shift to service."

The real reason why the water industry doesn't go anywhere, really, "We are investing now in a capability to deploy a water service network."

And it has to do with the money supply. If you feed money in the front end, then things happen on the backend, right? You go from being a salesman to being a white knight, because, "Hey, here, don't worry about the funding is taken care of, just sign here." 

 

$H2O coin announcement

 

And then that brought us to this opportunity to bring back the crypto. We feel that it's imperative that we create a water coin for the world.

 

High level roadmap

 

Community Benefit

What we're generally seeing is the rapid launch of coins that have the potential for benefiting a community. And this community would be very interested in what can we do to help water, brown water in Compton, lead filled water in Flint, toxic water in South Bend, bad water in wells in Africa, all of that.

We can then take one of these tokens, wrap it around in a unique wrapper, and it can represent the money streams from a particular water system. It's really become our mission to bring water into the digital world, through this strategy.

End of presentation

 

Restart Week in Puerto Rico

Riggs: So that gives you the story that we're telling now. This is the current backgrounder that we've been circulating to the media. So now what does that mean in terms of, trying to get past this. There we go. Apparently. There we go. So what were the previous efforts? I'm going to go into text mode so you guys can see this better and turn off the video optimization, which here we go. So as you saw part of the video there, in fact,

I'll play the whole video from RT will give you kind of some context of what was happening in 2018. Here we go. That means I have to actually go back to the video optimization. I think we need a feature in Zoom that lets this thing be toggled easier. All right, here we go.

 

Start of video presentation

 

BlockChain hurricane - RTV

Announcer: Blockchain cryptocurrencies are becoming increasingly important to relief efforts in Puerto Rico where 100,000 people are still without power following 2017's hurricane Maria. Today, Puerto Rico was set to receive $25,000 from Bitcoin entrepreneurs, Miguel Francis-Santiago spoke with some of these innovators.

 

PR - Blockchain Innovators

Announcer:  Puerto Rico has received an influx of blockchain innovators who pledged to transform the region after hurricane Maria's devastating damage.

 

Brock Pierce Restart Week
Brock: What I'm hoping happens is lots of people come to Puerto Rico and they take a look around. "Wow, this place is beautiful. These people are amazing. They're so nice. There's so much culture. It's so beautiful here. Why is it that things are so difficult? Why are there such struggles? Maybe I can make a difference. Maybe I can help with this."

Announcer: The Ethos of three consecutive conferences, the D10e, Blockchain Unbound and Point Agenda, were all working together to build a community of the future and give back to the people of Puerto Rico.

 

PR - Solar for homes

Garret Mac: "Today. We're going to install five different solar setups to bring power to homes."

Announcer: WaterChain stems from a ten-year-old incorporated company, and is going into blockchain to decentralize water by creating a system of sensors, automating water treatment, and recycling process. It chose Puerto Rico and teamed up with Restart Week for its first system implementation.

 

Riggs PR Restart Street Interview

Riggs: What's the country that recycles the most water?

Announcer: You tell me.

 

Failing Water Infrastructure

Riggs: Israel. Of course, 80% recycling rate. The next one down in the world is Spain with 20%. Where is the US? 1%. Here's the worst part of it. 80% of all water in the world is not treated. It's just runs into the ocean. So a trillion dollar water industry should be a $5 trillion water industry. And we need to speed that up.

Announcer: What happened with the Flint? Is that a part of that problem?

Riggs: It's a part of the problem because the water infrastructure in the US is literally falling apart. It's old. And what's happening is forced decentralization where the towns, the municipalities are telling the users, "You clean your own water". Well, I see that as an opportunity because we can get those users to adopt the very best technologies and reuse their water.

Now, long before we build that, we want to get to work right away here in Puerto Rico. We're not going to wait to build all this structure. We're just going to go ahead and use some of the early investment to literally put shovels in the ground and build a system right here right now this year.

Brock: More or less, all my talks are on operate with integrity. Do no harm. Remember that you're building community.

Announcer: Stay tuned for more building the future in Puerto Rico with Wesley Snipes, Max Geyser, Nico Matsumura, Crystal Rose, and much more, only on Cryptolium on RT.

End of presentation

 

Riggs: So that was very interesting. What was going on 2018? So what happened? What came of all this? Where are we today and why, and what lessons have we learned from all this, and why is today different? That is really the topic of today's presentation. And also the discussion we'll have a little bit later with my friends, Ivan Anz and Ken Berenger.

 

Previous efforts 2

 

Renewable Energy Day

So we had this 2018 Puerto Rico restart week, and we ran smack, as the video said, we ran smack into the crypto winter at the time, but it still was not perfect. And I'll tell you why. There's a specific thing that's grown in the last three years, that's very important. Let's move on to the next thing that occurred. American renewable energy day, 2019, Aspen, Colorado, beautiful place, lots of people.

There was a presidential candidate there, there was all kinds of stuff and some wonderful people. And we wanted to do something about the state of affairs in Compton. So what happened, where did we go? What lessons did we learn?

 

Previous efforts 3

 

Community Governance

There we are with some of the people that were so cool that we were on literally on TV from Aspen. But what we learned was that when you try and do things as a centralized entity, you run into trouble. And that is really what we learn. So we therefore come to the concept of community governance, right?

 

Community governance

 

Community governance token is a decentralized financial vehicle. Now, we're not talking about what OriginClear is going to do to optimize payments for its water systems. That is the $H2O token, which we've talked about for a long time. And it remains a central part of our strategy.

But this is the wider thing, because I can't tell you how often people tell me, Riggs, what can you do about Flint or Chad or, you name it. And the fact is, is that one company can't do it all, but a world community can.

So the structure is that this token is designed to pay holders reward for holding. It's a store of value, and it can be used to fund projects that are brought forth by the board. Now, what is this board? That's the important part. It all comes down to who's running the thing. All right.

 

The DAO

 

The DAO

It's called a decentralized autonomous organization. It is a digital entity of the most capitalized members of the governance token. And so the members of the DAO, this decentralized autonomous organization is beyond the reach of anyone. It's really something that is worked out by these proposals that then go to the community at large. And it's all done in the interest of the token holders, which is hopefully a lot of people.



DAO-Key to governance

 

So Wyoming just recognized a very important DAO. And it says here, the DAO's are newer of organization, relies on systems smart contracts and technologically enforced rules. So it kind of all happens automatically. So it does not operate at the whims and fancies of the top brass, but instead rewards contributors directly for their work as the DAO meets its community governed goals. And in this article here about Wyoming, which is really in the lead on crypto is the CEO of this DAO, this particular DAO. Let's take a look at this, this article, in fact. Here we go.

DAO - American CryptoFed


This is a DAO called American CryptoFed. And it's a way, excuse me, it's a way to operate basically coins. One coin is a stable coin for daily transactions and store value. And the other one is what's called a governance token. So that is interesting.

I'm not going to get into the details of it, but the point I'm making is that this is the kind of thing that is coming to being in. This is the structure that the world is starting to understand is going to make the transformation happen.

 

Conclusion

 

And what's great is that this is not going to require OriginClear to go off on a tangent like we did with WaterChain. WaterChain was incredibly wasteful for us. We don't have to worry about that because once launched this thing runs itself. So, our conclusion is, this is how we can make change happen in the world while also building our business.

 

PR event 1

 

Ivan and Ken in Puerto Rico

With that, I'm going to welcome Ivan and Ken Berenger, Ivan Anz and Ken Berenger. And this was last Thursday on 1 July, we had an event in Puerto Rico and there's Ken and Mr. Ivan, how are you my friend?

Ivan: Very good.

Riggs: So interesting stuff about this DAO. Huh?

Ivan: Very interesting. As soon as I heard about it, I start to sharing it with my friends in Puerto Rico. So they start to blow away. They didn't know that this was happening and you are such a visionary Riggs, you knew about this like three years ago, before. Amazing.

 

Missing Element

Riggs: Well, the thing I didn't know about, which really didn't even really exist at the time, was this DAO, right? So I think the DAO is the missing element because it enables independent governance. I don't want to be running a crypto. We have water to clean.

So we need to set up our water as a service and get businesses in America and the world treating their own water and setting up the payment streams, all these amazing things we've been talking about.

Now we need an infrastructure of this community because that is going to be sort of carrier wave. It's going to be the carrier wave for the rest of it, but I don't want to run it. And this is a beautiful thing that way. So guys, tell me about what, how did it go in Puerto Rico?

Ken: Well, I'll let Ivan start and I'll just chime in at the end, like I usually do.

 

We Got the Most Interest

Ivan: Okay. So we flew to Puerto Rico, and then I am part of a community that has a lot of high net worth individuals living in Puerto Rico. And so an event was organized in the house of one of this high net worth individuals and 58 people came in.

So we did a whole presentation on Philanthroinvestors and all our story and with housing Philanthroinvestor then we selected the majority of time at the end of the presentation, which was like 20 minutes or so, only on water philanthroinvesting and OriginClear and so on. And three speakers were there. And from the three speakers, our show was the one that attracted the most amount of questions.

I do the presentation, then Ken speaks, he didn't wait, I pass the microphone to Ken, but then questions and questions and questions. And instead of going and eating the food, there was phenomenal food in the back, these questions and questions for Ken, and more questions for Ken and more questions for Ken.

Ivan: And it was great that Ken was there because otherwise I was needing to be, I would put you in touch with Ken, but he answered the questions right away. So it saw the most amount of interest of the three speakers.

 

Very Sophisticated Group

Ken: Also another observation. In a relatively small group of people, like you said, maybe 50, very sophisticated people, people who got it. People when we discussed the Water on Demand and how that essentially does to water, it's the old thing, does the water with cell phones link to telecom. Tons of heads nodding.

Doing this for so many years, I always tell you, you can tell whether a person gets it by the questions they ask, and these were all the really smart questions usually that I would get after kind of laying out the entire vision. We didn't get a chance to do that by the way. We touched on some key points, that we kind of flew over the top of what we do, but the questions were much deeper than even the material we covered, which indicates it was a really, really smart, very sophisticated office, audience rather.

Riggs: Was their focus more on the water business or crypto or both? What was the proportion?

Ken: I would say, well, first there was, "Well, how does it work? Tell me, how this is going to change the world." The first question. And then it was, "So how big of a business?" They were really looking at it as a total industry. How this would disrupt this gigantic industry?

 

Lattice Work that Lays Over Existing Structure

And when I described that the crypto was simply a lattice work, it was like you said, a carrier wave. It was this lattice that was going to lay over an existing functional business that would have operated five years ago, simply through ACH and PayPal. Right. And there had been a million mistakes and people would still be sending invoices and all that stuff.

So because these people were so sophisticated in the basic understanding of crypto, they understood that once smart contract technologies popped in, this was going to take something that would literally require a series, a whole team of full-time employees to manage. Your accounts receivable department, that goes away. That goes away.

And you could see eyes lighting up and they really got it. And just judging from the types of questions I got, I would say to you that this was the first time anyone had ever considered changing water the way we were approaching it. It was that light bulb moment. Oh, wow. I get it. So that was fun. It was fun to watch that.

 

Disruptive Presentation

Riggs: Ivan did you see that as disruptive?

Ivan: No, it's disrupting means that, maybe right. Oh yeah. I was...

Ken: He jokes with me. He speaks in Spanish and he speaks in English, right? Yes.

Ivan: I was thinking distractive. And then I understood it is disruptive.

Riggs: The headmaster says go to the corner.

Ivan: Exactly. No, it was very disrupting. And the people after that created groups with Ken and they jammed it Ken after the presentation and they were asking individual questions and so on, and also Ken had the opportunity to come home and to have some food delivered by Bella. great food and I think he also enjoyed it.

Ken: Yeah. That dessert was pretty phenomenal. Thank her again.

Ivan: Okay. I will do that.

Ken: Over an hour, we stood there. Long after our presentation was over, we stood there for at least an hour, would you say Ivan?

Ivan: Yes. They had...

Ken: And just questions. It was really.

Ivan: Yeah. They assigned 25 minutes to 10 minutes to presentation and the total time was like one hour and 20 minutes.

Riggs: Beautiful. Beautiful. Well, thank you guys as well done. And of course, I think we're going to do more of these. I think this is a great way to present our vision and these are Puerto Rico, crypto people. We survived so well done. Thank you very much. I appreciate it.

Participating

 

Okay. So, I'm going to quickly cover, the participant in our future part, which of course Ken knows all about and I'm not going to get deeply into it, but there's a couple of ways to participate in what we're doing.

 

Series U

 

Series U

One is to help develop the water on demand program. And it has very good, incredible leverage, which Ken will be able to discuss with you.

 

Series V

 

Series V

And then we have the Series V. Now that is very interesting because that is a way for people to go into a protected subsidiary that we've created, that gives not only this leverage and good stock leverage, et cetera, but also security of being a senior creditor and also percentage of net profits for up to 25 years. Now, as I keep saying to people, you don't want to wait 25 years.


Call Ken

 

Call Ken

That's why we have the crypto. So you can essentially cash out at some discount. So that's what that's about. And Ken really has the full picture. He's been very deeply involved. He's the co-inventor on the H2O token. And he was very material to creating this vision and he can definitely talk. So OHSU. GOAL/ Ken is the address to speak with him. And I invite you all to talk to him. So, and I have, Rick Garcia says very well done guys.

Well, coming from you, Rick, that's super cool because you're our tech guy. And if you have any questions, again, talk to Ken or email investedoriginclear.com. The more feedback we get, the better. The more we hear from you, the better. It's very important. So don't be strangers and ask the questions.

 

Changing the World

So again, I want to thank Ken and Ivan for having done this great event down in Puerto Rico. You've now had a vision of what has led up to this realization. And finally, this technology dovetailing called the D-A-O, the DAO, which of course is the way in the east, which is interesting.

But decentralized autonomous organization is really how this thing is going to change the world, I believe, without us having to be the overwhelmed managers of it and raising hundreds of millions of dollars. Its self-funded, it's a beautiful thing. So thank you guys. I appreciate it.

And with that, I'm going to end the evening and invite you to come next week. We've had big breakthroughs with progressive water and Mike Jenkins. The president of sales at, at progressive water will be on to tell us about it. It'll blow your mind.

Modular Water last week was huge. Now progressive water, which was kind of just maintaining a level, has now gone into a whole new level. And it's very exciting what's happening. He's going to report on that. So please show up next week. You're going to love it.

 

Tkyu

 

Sharon Skonezki says very interesting and well done. Thanks. Thank you, Sharon. I love that kind of feedback, even though I'll take negative feedback. I love positive stuff too. So thank you all. Have a great weekend and we'll talk soon.

 

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