Buy Water – S2C Model
Spring to Consumer
The LAKE ecosystem transforms traditional water purchasing through its Spring to Consumer (S2C) model. Designed to directly connect you to water sources supply, the S2C model leverages the power of blockchain technology and a global network of waters springs to disrupt the conventional value chain. The S2C model implementation also maintains the simplicity of familiar Web2 interfaces. Using the LAK3 token, users can directly purchase water via The Water Shop, a user-friendly Web3 interface.
This model ensures high-quality water is available 24/7 at competitive prices, eliminating intermediaries and reducing costs for the buyers, and securing a large source of buyers and water connoisseurs for the sellers. New economic opportunities within the global water economy are at hand: whether you are an individual looking to secure high-quality water or a business seeking reliable sources, the LAKE platform provides a seamless and intuitive purchasing experience.
What is the S2C model?
The Spring to Consumer (S2C) model is a groundbreaking approach to water distribution that significantly shortens the traditional supply chain. In the conventional model, water passes through multiple intermediaries — from the source to the bottler, distributor, wholesaler, and retailer — before reaching the end consumer. This lengthy chain increases costs, reduces transparency, and often compromises quality due to prolonged storage and handling.
In contrast, the S2C model streamlines this process by connecting water sources directly to consumers through the LAKE platform. This does not only reduces costs but also ensures that consumers receive fresher, higher-quality water. Here's how the S2C model works:
1.1. Selection of Water Source:
Users access a constantly expanding catalogue of water sources curated by our team and supported by community contributions.
Each water source listed on the LAKE platform undergoes rigorous research and vetting to ensure it meets our quality standards and values. This detailed research backs up our commitment to providing the best possible water to our users.
1.2. User-Friendly Purchase Process:
Once users select their preferred water source, they provide essential details, including their delivery address.
The platform calculates the distribution costs based on the user's geographical location, displaying the final bill in LAK3 tokens. This transparency allows users to clearly understand their expenses. It also allows users to have a deeper affinity and control of their consumer habits, through our “Save Planet Fee”, which encourages – without restraining – buyers to select quality water closer to their home.
1.3. Seamless Transaction:
Users confirm their purchase, and LAK3 tokens are securely transferred from their wallet to the LAKE platform.
The transaction is recorded on the blockchain, ensuring complete transparency and security without complicating the user experience.
1.4. Efficient Distribution:
The selected water is prepared for shipment directly from the source, bypassing multiple intermediaries.
LAKE leverages a global distribution network to deliver the water to the user's specified location, ensuring timely and efficient delivery.
By significantly shortening the distribution chain, the S2C model reduces costs, enhances transparency, and ensures higher water quality. This innovative approach is backed by extensive research and leverages advanced technology to provide a superior user experience. The S2C model does not only democratizes access to water but also opens up new economic opportunities, making the LAKE ecosystem a game-changer in the global water economy.
The “Save Planet Fee”
In our commitment to sustainability, LAKE introduces the "Save Planet Fee”, an innovative initiative designed to encourage users to reduce their carbon footprint associated with water transportation. This fee is a vital part of our mission to balance economic opportunities with environmental responsibility.
Here’s how the Save the Planet Fee works:
2.1. What is the “Save Planet Fee”? The Save Planet Fee is a variable charge added to water purchases based on the carbon footprint of the delivery process. The fee is calculated as a percentage of the total purchase cost and is determined by the distance between the water source and the delivery destination. The goal is to incentivize users to choose water sources closer to their geographical location, thus minimizing carbon emissions and supporting local water economies. You can finally taste the water experience of your choice, with the sweetness of knowing you’re fully informed.
2.2. How is the “Save Planet Fee” Calculated? The fee is calculated using a zone-based system, where each zone represents a different range of distances from the water source to the delivery location.
These zones are defined as follows:
Zone 0: Local delivery within the country and immediate region of the source – 0% fee.
Zone 1: Short distance delivery (immediate cross-border) – 0.5% fee.
Zone 2: Moderate distance delivery (regional) – 1% fee.
Zone 3: Longer distance delivery (continental) – 1.5% fee.
Zone 4: Significant distance delivery (transcontinental) – 2% fee.
Zone 5: Extensive distance delivery (international freight via cargo) – 2.5% fee.
Zone 6: Very long-distance delivery (around the world) – 3% fee.
Zones are not final and are subject to changes as LAKE expands its sources and availability.
2.3. Example Calculation:
User A purchases water from a source (S1) located 500 kilometers away from his chosen delivery address in Slovenia. If the cost of the water is equivalent in value to 100 LAK3 tokens, the Save the Planet Fee would be calculated as follows:
Total purchase cost: 100 LAK3 tokens
Save the Planet Fee (1.5% for Zone 3): 1.5 LAK3 tokens
Final cost: 101.5 LAK3 tokens
Now let’s say User A loved the water from source S1 and decides to purchase some more as a gift to their (real-world) friends. Friend B is located 50 km away from S1, thus in Zone 0; User A does not pay any Save the Planet fee for this gift.
On the other hand, Friend C is located in Seoul, which falls under Zone 6 relative to S1. At checkout, User A sees an adjusted Save the Planet Fee at 3%... User A changes his mind, and will gift water from a Source closer to their home, maybe even from South Korea itself! Back to 0% fees. Everyone is happy, thirst thwarted, planet saved!
2.4. Logistical Considerations and Route Optimization
To ensure the most efficient delivery routes as LAKE’s network grows, LAKE is working with a team of specialists on advanced logistical algorithms that optimize the transportation paths, minimizing travel distance and time. This will not only reduce the carbon footprint but also ensures timely deliveries going forward.
2.5. Encouraging Sustainable Choices
By transparently displaying the Save Planet Fee during the checkout process, we encourage users to consider the environmental impact of their choices. Users can opt for closer water sources to lower their fees, promoting local consumption and reducing transportation emissions.
The Save Planet Fee does not only aligns with LAKE's commitment to sustainability but also integrates seamlessly into our user-friendly platform, making it easy for users to make environmentally conscious decisions. By combining economic incentives with environmental responsibility, LAKE leads the way in creating a sustainable and fair water economy.
How it Works
LAKE ensures that the user experience is seamless and intuitive, closely mirroring familiar Web2 interfaces while integrating advanced Web3 capabilities. Our goal is to provide a user-friendly platform that leverages the simplicity and efficiency of Web2 while delivering the benefits of a decentralized Web3 ecosystem. When a LAKE user selects the source from which they wish to purchase water, they access a constantly expanding catalogue curated by our team and progressively supported by community contributions. From a couple of sources readily available at launch, this catalogue will soon include a broader range of providers.
As users finalize their selection, they provide essential details, including their preferred delivery address. The system then calculates distribution costs based on their geographical zone, with the final bill displayed in LAK3 tokens. This process ensures transparency and allows users to understand their expenses clearly. To ensure a smooth transaction, users confirm their purchase, and LAK3 tokens are securely transferred from their wallet to the LAKE platform. The transaction is then recorded on the blockchain, ensuring transparency and security without complicating the user experience. By maintaining the familiar ease of Web2 interfaces, LAKE offers a straightforward, efficient, and non-technical experience, making it accessible to all users.
Behind the scenes, LAKE on-sell $LAK3 against USDT (or any relevant trading pair) via its Smart Flow Scheduler (SFS), routing aggregate or single orders through different exchanges for best execution, adjusting timing to balance price stability and market liquidity – more information on the SFS will be explained later in this paper.
The ensuing USDT (or equivalent stablecoins or other acceptable token) are converted to FIAT by LAKE and then transferred to the Source providers to fulfill the water purchase of LAKE users.
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