DOGDATA: THE ETHERBONE TOKEN

in dogdata •  5 years ago  (edited)

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THE PROBLEM

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The world of dog owners and breeders is like a leftover dog meal:Chaotic at best. This disorganized niche would eventually lead to incomplete or truncated or outrightly wrong dog data. The problem is further broken into poorly registered or non-registration of dogs.
The third-party Dog registration systems are expensive, insecure and Dog life data is incomplete, unstructured and stored in thousands of decentralized, fragmented
databases with limited data access. And data is poorly shared, such data include dog lineage, treatment, achievements, milestones, vaccinations, treatments, diseases and injuries, tests. Also unverifiable data, like dog sale contracts, genetic compositions;breeding records, dietary needs, mating styles,welfare knowledge for specific species, can be made more reliable.

THE SOLUTION

Created by a group of Dog industry and functional experts, DogData OU has the noble vision of leveraging the power of the Dog owner community to improve the knowledge, health, welfare,breeding, and marketplace savings, through the technology of blockchain. With copious inputs from all over the world from the canine industry leaders, specialists, experts as which include the following sub niches
• Dog Breeders
• Kennel Clubs
• Pet Dog Owner's
• Veterinarians
• Groomers
• Dog Show Operators
• Dog Show Judges
• Show Dog Handlers
• Dog Food Suppliers
• Dog Product Suppliers
• Dog Charities & Dog Rescue Organizations
• Dog Hotels & Boarding Kennels

THE ETHERBONE TOKEN

As the first incentivized, gamified reward tokens for dog owners, etherbone token are electronic form of the typical discount coupon used by many industries in many countries. Not only that, it is the first discount token economy for proud owners of our canine friends, and what's more, it is economical too. ETHBN(the ticker for Etherbone Tokens) can be mined and earned by the canine breeders or owners via private blockchain. It has a worldwide appeal since it is not exactly a crypto currency.

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USE CASES OF THE ETHERBONE TOKEN

Dog Owners
For the owners of the lovely canines, these are what Etherbone tokens can do for them:
Paid for updating their dog information in the PedigreeChain.
Paid for uploading on the DataVault.
Paid for completing Smart Dog Sale Contract.
Rewards for ScoreCard milestone achievements.
Bounty program rewards.

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Dog Breeders
For private and professional dog rearers , the token could undertake the following tasks
Pay for updating dog data in the
PedigreeChain.
Used for uploading on the DataVault
Get rewards for ScoreCard milestone achievements.
DogData Breeders Predictions and DogData Expert achievement contributions payments.

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** Dog Community Professionals **
DogData Expert social media content
contributors payments.
Virtual dog shows or dog contests adjudication payments.
Bounty program rewards

Factors driving Etherbone Token demand

The demand for Etherbone Tokens will be driven by:
The Dog owner volume registered on DogData
The volume of owners using DogData products and services
The number of purchases, products and services available on the 4Dogs Marketplace
Some of the Etherbone Tokens will be earned from Dog care and welfare activities, others will be bought from DogData. DogData will use all funds received from selling Etherbone Tokens to purchase Etherbone Coins from crypto currency markets. These demand drivers will increase the demand for Etherbone Coins exponentially.

Factors driving the price of Etherbone Token

The total number of Etherbone Coins in circulation will be limited to 1 billion (1’000’000’000) tokens. All of these would be issued and allocated at the same time and no future emissions. The circulating volume of ETHBN would gradual reduce every time DogData repurchases the token from a exchanges,til all would be reurchased. All funds received from Etherbone sales would be incorporated in repurchasing it.
So folks,Dogdata is hosting an IEO on Bitforex,so get hold of the Dogdata app

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For your due diligence,

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About the Author
Joseph Johns is a successful Emergency Medicine Physician and an ardent cryptocurrency and Blockchain connoisseur
Bitcointalk Username: Redkop
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2743818
Eth Address 0x8dC02f9a3255C0cE32536E698447F2E3915AE948

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