Aquari was formed in the wake of a scam in early 2021 where investors had their money stolen from the creators of a meme cryptocurrency. Distraught by the hit to their pockets fueled by meme mania, this community pondered the idea of creating their own cryptocurrency – one that had a legitimate utility and one in which it's developers would value transparency as their number one virtue. There needed to be a solid utility behind the economy of the token so that it's growth would move in tandem with market enthusiasm. As an avid lover of animals and nature, the community set out to develop a token that not only could help save the planet but also garner constant support from enthusiasts and newcomers alike.
In a short two weeks after the incident, the community organized the Aquari development team. The community was still reeling in shock and disappointment but three individuals Maciej, Misiek & Cameron offered some hope. After presenting their ideas for the token, the community jumped on board. It was at this point, the Aquari community was formed. They all had set out on creating the world's first decentralized, community governed environmental conservation organization. At this moment Aquari became a grassroots movement.
Most people aren’t willing tocontinue donating to environmental conservation regularly. It’s hardfor people to see the results of their donations thereby reducing thedesire to contribute in the future. We knew this from the beginning. We knew we had to incentivize environmental cleanup in some way. Since we are avid animal lovers and proponents of environmental conservation, the idea was born to peg that with the value of our cryptocurrency.