Recently, a platform called Coge coin proposed the mission of saving poor animals all over the world.
• CogeCoin is a cryptocurrency that helps animals in need around the world
Throughout history, humans have had a close relationship with animals. Humans’ve even kept them as pets, which Humans treat with the same affection as they would toward their family members. However, despite the bonds humans have with animals, their rights are still taken lightly. Their habitats are being destroyed and pets around the world face abuse and abandonment on a daily basis.
This is where CogeCoin comes in. CogeCoin is a cryptocurrency that donates 20% of its total issuance to animal welfare organizations. The purpose of CogeCoin is to help animals in need around the world. CogeCoin also want to help protect the environment while providing value to holders of $COGE.
• Overview of $COGE
$COGE is a token issued on Ethereum. In the spirit of being fair to everyone, project launched $COGE without a presale of its tokens, with a total of 100 trillion being issued at launch.
$COGE is currently listed on Uniswap, Bitrue, and MEXC.
The token allocation is shown in the image below:
• Sponsorship NFT and Metaverse
NFTs have been gaining a lot of attention over the past year, with the market being worth approximately $320Billion. NFTs are no longer regarded as just an image, but a tool to use when expressing your personality as a 3D avatar in the Metaverse. Big companies are starting to take notice too, with Twitter making it possible to set an NFT as your profile picture. As time goes on, humans are expecting to see NFTs expanding into more and more games and virtual spaces as its popularity increases.
Based on this popularity, CogeCoin is developing an original initiative that combines NFT and animal sponsorship. In the conventional sponsorship model, sponsoring an animal gives you a few pictures of the pet you’re supporting, designed to show the impact you’ve made. However, CogeCoin feel like not enough sponsorships are being made and CogeCoin wants to give those who are generously helping these poor animals something extra. What CogeCoin came up with were Sponsorship NFTs. With NFT technology, you will have the chance to keep digital avatars of the animals you’re supporting as pets in a virtual space.
Some exciting images about Cogecoin’s NFT project are available below:
• Pet Insurance
“InsurTech”, a combination of the words Insurance and Technology, is a rapidly growing sector that aims to make the conventional insurance market more efficient and affordable for customers. CogeCoin aims to eliminate the intermediary step and provide P2P insurance coverage, eliminating the extra fees that insurance companies charge as commission. P2P insurance would be more transparent, have lower fees, and improve user-friendliness. China’s Alibaba is attracting attention in many countries such as Japan, with its P2P health insurance service now having millions of users.
But what about pet insurance? Insurance companies and VCs have begun to offer many pet services, meaning there is a lot of excitement toward the pet insurance market. Both trending and in-line with people’s values， CogeCoin plans to offer pet insurance that provides medical care for all animals.
To be more specific about pet insurance, users can choose a basic insurance plan and can customize it to their liking. The user will have to stake the $COGE into an insurance-only pool, which will vary depending on the insurance coverage. Pet insurance is also considering using AI to find the right insurance for you and having the pool participants vote on various applications.
The entire insurance process will be made more transparent by using blockchain. Blockchain will also increase accessibility, as people without bank accounts can simply use their smartphone instead to take advantage of insurance services.
A portion of the revenue generated from project insurance services will be donated to animal charities and organizations to help create a healthy environment and fund further development.
• $COGE Approach to Pet Commerce
Another use of $COGE is the ability to purchase pet food and goods. CogeCoin wants to solve an existing industry problem that faces pet food. Against the backdrop of mass production, there is an overabundance of cheap, low-quality pet food, the nutritional value of which is sub par to say the least. CogeCoin aims to change this by developing high-quality pet food and operating a regular delivery service that can be paid only with $COGE. The same goes for pet goods. Since many designs are tasteless and use inexpensive materials, CogeCoin plans to provide a e-commerce site with social features. This will allow users to request custom designs and create a mechanism for communication between producers and buyers.
• Future initiatives for Defi, GameFi and DAO
Cogecoin plans to develop a pet insurance system, create an e-commerce site, create Defi systems, implement Game functions, work on creating a DAO and take part in the expansion of the Metaverse. Cogecoin will continue to make various efforts to save all the unfortunate animals around the globe and make the world a better place for everyone.
• VISIT COGE
Contact person：Danny Hong