Dogecoin (DOGE) and Shiba Inu (SHIB) are set to get some real-life companions on the Blockchain, from a stray Turkish dog called Boji (pictured) to the great-granddaughter of an American Grand Champion Golden Retriever.
Volunteers from Tekirdağ Dog Village in Turkey have launched a BEP-20 token on Binance Smart Chain with 700 trillion units alongside its 508 AI-generated dog-themed NFTs on Opensea under the brand Boji Finance.
Every time the BEP-20 tokens are used in the project’s (also dog-themed) metaverse game a 2% transaction fee is taken by the token’s smart contract. The fee is donated to the dog village so that it can help pay for taking care of more dogs Boji.
“Recent increases in the prices of imported dog food puts volunteers and shelters in a very difficult situation,” said Boji Token founder Ümit Coşgun. “We aim to transform the impact of Boji in society into a great act of kindness.”
Cryptocurrency innovators applauded the new initiative.
“This is the kind of project that we need to see more of on Blockchain, hard-wiring the virtual world back into real-world causes of great concern,” said Clayton Sharp, an Australian cryptocurrency investor and part-time blockchain programmer.
Turkey’s blockchain innovators are not stopping there when it comes to potentially decentralizing the world’s canine and pet industry.
With Atlas University’s new digital currency wallet, things like pedigrees, show certificates and other crucial dog breeding documents can be stored on chain, while winners at dog shows can be rewarded prizes in Atlas coins in the future.
Daniel Mark Harrison (“DMH”), the founder of Monkey Capital, a decentralized hedge fund, says that Atlas’ NFT Wallet could make for a useful place to upload and store dog pedigrees for his two golden retrievers, Vanity and Fair (pictured). The dogs are great grand-daughters of North American Grand Champion golden retrievers Oscar de la Hoya, Lanna Gold and Bank Robber.
Pet industry expenses total around $123 billion a year according to American Pet Products Association, with around $10 billion in annual expenses going towards costs such as pedigree certification, grooming and shows. Atlas allows for competitions with coin prizes as well as document storage, which can potentially alter the multi-billion-dollar industry.
“Fair just won best in breed in her first national dog show in Thailand. If there’s a place to put her pedigree certificates and there’s an additional coin incentive then Atlas is the kind of technology that could end up being extremely influential in the show circuit. That’s a no-brainer,” said DMH.