Our Water Claim smart contract entitles holders to participate in a direct share of The Blu Arctic Water Company profit. Individuals have the ability to exchange their $BARC tokens for Water Claims. These tokens are then burnt and removed from circulating supply. The amount of tokens required per claim is determined at the opening of the Water Claim exchange cycle based on company performance. These claims also act as the holders right and ownership to water from our strategic reserves. Water Claims are highly limited. 50 are available per cycle, with a maximum of 20 cycles. The earlier a claim is minted, the higher its share of the revenue pool.