Meowcoin Coin Review : Is It Good Or Bad Coin Read Our Article

About Meowcoin Coin

Meowcoin Coin is a blockchain optimized for asset transfer between users with a community goal. It is built on the KAWPOW algorithm and intended to be mined by small scale miners. Meowcoin aims to integrate blockchain technology in the animal sector, provide miners with a profitable blockchain to direct their hash too and benefit the wider animal sector through philanthropic means. Meowcoin intends to bind together the need for a financial future for miners and their desire to propagate the goodwill aims of a community into one project.

With Ethereum moving to proof of stake imminently at the time of this document’s writing, millions of GPU miners around the world are looking to shift into new projects to survive. Given the value mining provides to people living in countries with low incomes by comparison to most Western standards, there is sentiment that mining offers many an opportunity to generate financial freedom for those trying to escape poverty. These small scale miners utilize cryptocurrency as a means of breaking out of their existing financial paradigm by trying something different to the traditional means of accruing wealth.

Meowcoin Coin Research has shown the impact cats on the internet have had on people engaging with feline content. This positive correlation relates to the emotive feelings many have towards animals. There is additional research showing the general happiness and reduced stress of animal owners in contrast to those without animals. Animals play an important role in people’s lives and positively impact humans’ general happiness and wellbeing.

Meowcoin Coin Point Table

Tokenizing pets

Meowcoin Coin evolution of blockchain technology moving from peer-to-peer electronic cash to include asset creation has seen seismic growth in the sector. Non-fungible token (NFT) popularization among the cryptocurrency community has seen incredible investment by mainstream customers who, for diverse reasons, saw NFT’s a great bridge to entry. A great deal of discussions around the technology have taken place. Many have suggested they are fads, scams or have no true real world use case.

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Fair arguments could be made for the first and second, but the third – true real world use case – is worth engaging in. NFT’s offer the highest level of electronic security possible. With Proof of Work securing the assets, the opportunity to store and provide digital assets available and traceable at all times without fear of theft provides a strong framework by which businesses can provide increased customer value.

Multiple Generations

Additionally, it democratizes care of the animal independent of the vet as their medical history can be lodged on the blockchain, rather than a private database or server, to ensure all vets are able to access their records in times of need. These details form the basis of the animal pedigree papers. Whilst breeders place increased importance on these papers for show purposes, digitizing them allows traceability across multiple generations.

Meowcoin Coin Breeders would be able to easily access and determine future mating pairs further than three generations (industry standard) as well as work toward limiting congenital issues that persist through breeding lines. Pet collars would be able to carry relevant and scannable tags that link to the information. This would assist in the returning of animals to owners should they run away from their homes.

Engaging with rewards

Loyalty programs have long been a holy grail for marketers. It has been shown that customers using a loyalty program are 60% more likely to return and utilize that retailer. Enormous opportunity is available to retailers who engage with blockchain on rewards programs since coin is able to be dispersed and used across multiple avenues and with multiple redemption points. By rewarding customers with cryptocurrency retailers can offer consumers a benefit with high utility. Coins can be transferred throughout the ecosystem and put to use in new and interesting ways.

These coins inevitably strengthen the entire ecosystem, which spurs innovation and opportunity. With the size of the pet industry a staggering $232b USD, having a loyalty program run on a blockchain that consumers know supports the animals they love creates a positive feedback look. This would be a compelling opportunity for pet companies to provide a philanthropic-based loyalty program whilst driving increase customer engagement.

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Why Choose Meowcoin Coin?

Ultimately, support of the coin will also see charitable rewards. Part of the blockchain reward is held over by the administration of Meowcoin to provide financial donations to animal shelters. The ASPCA already provides cryptocurrency donation avenues but other organizations are looking to engage with cryptocurrency as a means to receive philanthropic donations.

Small scale miners by nature are philanthropic. When the Ukraine crisis began an address for mining to donate to the Ukraine was begun. A total of 10,207 Eth at the time of writing has been sent to this address to aide Ukrainian – a large portion of it was mined.

By providing a financial reward for mining the blockchain whilst knowing their efforts aid philanthropic means for animals, Meowcoin provides a ‘have your cake and eat it too’ facility that helps miners feel good about what they’re doing.

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Where Can You Buy Meowcoin Coin?

Tokens Can Be Purchased On Most Exchanges. One Choice To Trade Is On Txbit As It Has The Highest MEWC/USDT. e Trading Volume, $8,947 As Of February 2021. Next is OKEx, With A Trading Volume Of $6,180,82. Other option To Trade Include MEWC/USDT And Huobi Global. Of Course, It Is Important To Note That Investing In Cryptocurrency Comes With A Risk, Just Like Any Other Investment Opportunity.

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Meowcoin Coin Supported Wallet

Several Browser And Mobile App Based Wallets Support Meowcoin Coin. Here Is Example Of Wallet Which Meowcoin Coin – Trust Wallet For Hardware Ledger Nano.

FAQ Of Meowcoin Coin