Pawtocol (UPI) Graphics
What is Pawtocol (UPI) coin?
Pawtocol (UPI) is a decentralized blockchain-based platform that aims to revolutionize the pet industry. It uses a token called Universal Pet Income (UPI) to reward users for sharing data about their pets. This data can be used to improve pet care, develop new products and services, and conduct research.
Market value and supply
The current market value of UPI is $416,542 USD. The total supply of UPI is 1,000,000,000 tokens, with a circulating supply of 257,924,377 tokens.
History of technology
Pawtocol was founded in 2018 by a team of pet lovers and blockchain enthusiasts. The team saw an opportunity to use blockchain technology to improve the pet industry, and they set out to create a platform that would allow pet owners to share data about their pets and be rewarded for doing so.
Who founded it?
The founders of Pawtocol are:
- Mark Pearson: CEO and co-founder of Pawtocol. Mark is a serial entrepreneur with over 20 years of experience in the technology industry.
- Alexey Zakharov: CTO and co-founder of Pawtocol. Alexey is a software engineer with over 10 years of experience in the blockchain industry.
- Chris Jones: COO and co-founder of Pawtocol. Chris is a marketing and business development expert with over 15 years of experience in the pet industry.
Pros and cons
- Pawtocol uses blockchain technology to ensure the security and privacy of user data.
- The platform rewards users for sharing data about their pets, which incentivizes them to provide accurate and up-to-date information.
- Pawtocol has the potential to improve pet care, develop new products and services, and conduct research.
- The platform is still in its early stages of development, so there is some risk involved.
- The market for pet-related data is still relatively small, so the potential for revenue generation is limited.
Pawtocol uses the Ethereum blockchain to store data and run transactions. The platform also uses a number of other technologies, including:
- Smart contracts: Smart contracts are used to automate payments and transactions on the platform.
- IoT sensors: IoT sensors can be used to collect data about pets’ health and activity levels.
- Machine learning: Machine learning can be used to analyze pet data and make predictions about their health and behavior.
The market value of UPI is expected to grow as the pet industry continues to grow. The platform has the potential to disrupt the pet industry by providing a more efficient and secure way to collect and share pet data.
Pawtocol is a promising platform that has the potential to revolutionize the pet industry. The platform uses blockchain technology to ensure the security and privacy of user data, and it rewards users for sharing data about their pets. Pawtocol has the potential to improve pet care, develop new products and services, and conduct research.
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About Pawtocol (UPI)