Month: June 2021

Dogelabs Explores Utilizing Dogecoin for Pet and Veterinarian Services

(NEW YORK)–DogeLabs announces plans to explore utilizing Dogecoin for potential pet and veterinarian care services through Pawtocol platform.

DogeLabs announces plans to explore ways to integrate Dogecoin around Pawtocol’s (UPI) pet related blockchain platform. Pawtocol is a global online community of pet lovers who aim to disrupt the pet industry by leveraging blockchain and NFT technology to monetize data about their pets, improve owners’ purchasing experience, and help veterinarians to deliver better care.

Pawtocol’s blockchain technology provides users cutting-edge privacy and security features, including complete control of their data and the ability to get paid for securely selling it to data buyers. With the help of AI, the platform will offer pet parent’s helpful, personalized guidance with everything from buying treats to providing healthcare. The company’s integrated, NFC-enabled dog tags makes interacting with the platform simple and intuitive. https://pawtocol.com/

Doge Meets Pets

Dogelabs will explore how could it integrate Dogecoin into the Pawtocol pet blockchain platform to allow Doge users the ability to virtually adopt pets, purchase pet supplies, and earn Universal Pet Income (UPI) for their own special fury friends at home.

Staking Income for Vet Visits

Another area to be explored is staking programs where Doge holders could stake their Doge or UPI in pools to earn income that could go towards annual veterinarian visits. This would be a great way for users to stake some of their holdings specifically for their pets and earn income to pay for annual vet visits to preventative check-ups and services.

Tom Bustamante, the Founder and CEO of DogeLabs commented, “As we explore real-life use cases for Doge we figured who doesn’t like animals, and especially their own pets. We will explore potential use cases where Dogecoin users can utilize their tokens to purchase pet supplies, pay for veterinary visits, or to help animal rescue shelters in their area.”

Pawtocol is traded under symbol UPI
https://v2.info.uniswap.org/token/0X70D2B7C19352BB76E4409858FF5746E500F2B67C

About DogeLabs

DogeLabs is a blockchain research lab located in New York City and Tulsa, OK focused on developing commercial applications around the Doge protocol. The goal of the lab is to bring together developers and enthusiasts who have interest in the Doge blockchain. https://dogelabs.io/

Forward-Looking Statements:

“Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking statements that are subject to risk and uncertainties including, but not limited to, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk and other risks detailed from time to time in the Company’s filings with OTCMarkets.com and as required to the Securities and Exchange Commission. These risks could cause SWRM’s actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, the Company.

“LEGAL DISCLAIMER”

DogeLabs is strictly research firms focused on the development of blockchain applications, and in no way is involved with the buying, selling, issuance of any cryptocurrencies, or investment advice.

DogeLabs to Explore DOGE-ETH Bridge for Defi Staking, and DOGE Burn Wallet

(NEW YORK)–DogeLabs to explore bridging Dogecoin with Ethereum for host of new Defi and staking products utilizing the Doge protocol.

DogeLabs is exploring, with its growing team of developers at Data Syndicate, the idea of building a sort of Doge-to-Ethereum bridge to allow DOGE holders the ability to partake in ETH based DeFi and staking programs.

Recently, Ethereum co-founder Vitalik Buterin talked about a potential collaboration between Ethereum and Dogecoin in an interview in which he stated, “I think if we can have a secure Doge-to-Ethereum bridge. That would be amazing, and then when Ethereum gets any scalability that works for Ethereum assets, you would be able to trade wrapped DOGE with very low transaction fees and very high speed as well.”

DOGE BURN WALLET

DogeLabs will also explore development of a Doge burn wallet where developers can build applications that send a small portion of Doge to a public burn wallet to assist in building a deflationary mode around DOGE inflationary growth.

Tom Bustamante, the Founder and CEO of AI Venturetech and DogeLabs commented, “We are exploring idea of wrapping Doge tokens in specialize erc20 smart contracts to allow Doge to be transfered and utilized on Ethereum based Defi and staking platforms.”

“In addition, we plan to work with other partners on developing a Doge burn wallet where developers can build applications that send small amounts of Doge to public burn wallet on each execution, thus offsetting Doge inflationary growth. This could be one step in providing a deflationary model to Doge inflationary growth, and thus increase value for the asset.”

About DogeLabs

DogeLabs is a blockchain research lab located in New York City and Tulsa, OK focused on developing commercial applications around the Doge protocol. The goal of the lab is to bring together developers and enthusiasts who have interest in the Doge blockchain. https://dogelabs.io/

Forward-Looking Statements:

“Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking statements that are subject to risk and uncertainties including, but not limited to, the impact of competitive products, product demand, market acceptance risks, fluctuations in operating results, political risk and other risks detailed from time to time in the Company’s filings with OTCMarkets.com and as required to the Securities and Exchange Commission. These risks could cause SWRM’s actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, the Company.

“LEGAL DISCLAIMER”

DogeLabs is strictly research firms focused on the development of blockchain applications, and in no way is involved with the buying, selling, issuance of any cryptocurrencies, or investment advice.

DogeLabs
Tom Bustamante
Email: info@aiventuretech.com