Pawthereum
 | This article reads like a press release or a news article and may be largely based on routine coverage. (August 2022) |
| Denominations | |
|---|---|
| Code | PAWTH |
| Development | |
| White paper | "Pawpaper" |
| Initial release | October 10, 2021 / |
| Development status | Active |
| Project fork of | GRUMPY |
| Ledger | |
| Supply limit | 1,000,000,000 |
| Website | |
| Website | https://pawthereum.com/ |
Pawthereum (ticker: PAWTH[1]) is a decentralized, animal welfare–focused cryptocurrency created in October 2021,[2] running on the Ethereum network. A percentage of every transaction goes to a charity wallet,[3] and an additional percentage goes back to token holders in the form of reflections.[4]
History[edit]
The Pawthereum Foundation (also known as Stichting Pawthereum) was formed in the Netherlands. Pawthereum is a fork of another meme coin, GRUMPY, based on Grumpy Cat. In March 2021, the Grumpy Cat Coin project donated $70,000 in crypto funds to Sterling Animal Shelter.[5] GRUMPY was converted into Pawthereum after a lawsuit by the owners of Grumpy Cat.
In late 2023, Pawthereum launched PawSwap, making it easier for people to buy and sell PAWTH.[6]
Notable donations[edit]
In addition to the $70,000 in crypto funds donated to Sterling Animal Shelter under the Grumpy name, notable donations under the Pawthereum fork include 26 ETH, valued at around $120,000 at the time, to Edinburgh Dog and Cat Home.[7][8][9] Another was $50,000 to Four Paws USA, done as a matching donation on Giving Tuesday (November 30, 2021).[10][11] The project also made a donation valued at $50,000 to Catherine Violet Hubbard Animal Sanctuary.[12][13]
By July 2022, Pawthereum and its partners had raised $576,200 for animal welfare–focused charities, with $478,700 being donated directly by the Pawthereum team.
Endorsement by Kevin O'Leary[edit]
Canadian businessman and entrepreneur Kevin O'Leary has repeatedly endorsed the project, praising Pawtherem's utility for charitable giving that goes beyond simply being a meme coin.[14]
References[edit]
- ^ Dhaliwal, Shivdeep (November 16, 2021). "It's Dogs Vs. Cats On Twitter As Kevin O'Leary Spars With Dogecoin Creator Over Promoting Pawthereum Coin". Benzinga.
- ^ Rearick, Brenden (2021-11-15). "Kevin O'Leary Sparks a Battle of Cat vs. DOGE While Promoting Little-Known Pawthereum Crypto". InvestorPlace. Retrieved 2022-06-21.
- ^ "Why Are Meme Coins So Popular? Understanding How They Work and Unveiling the Hype". Nasdaq. Retrieved 2022-06-21.
- ^ Ryser, Rob (2021-12-14). "Cryptocurrency charity donates $50K to Newtown animal sanctuary named after Sandy Hook victim". NewsTimes. Retrieved 2022-06-21.
- ^ "Sterling Animal Shelter Receives Surprise Crypto Donation Worth $70K". NBC Boston. March 26, 2021. Retrieved 2022-06-21.
- ^ "PawSwap". www.pawswap.exchange. Retrieved 2023-12-27.
- ^ Elliott, Shona (November 15, 2021). "Edinburgh Dog and Cat Home receives £87k cryptocurrency donation". Edinburgh News. Retrieved 2022-06-21.
- ^ Gourlay, Kris (2021-11-16). "Edinburgh Dog and Cat Home get Scotland's largest ever cryptocurrency donation". edinburghlive. Retrieved 2022-06-21.
- ^ Stephen, Phyllis (2021-11-15). "Biggest known cryptocurrency donation made to Edinburgh charity". The Edinburgh Reporter. Retrieved 2022-06-21.
- ^ Bender, Kelli (November 29, 2021). "52 Dogs Saved from Death After Rescuers Intercept Truck Taking Tied Up Pets to Slaughterhouse". PEOPLE.com. Retrieved 2022-06-21.
- ^ "Cryptocurrency to save dogs in Siem Reap - Khmer Times". 2021-12-01. Retrieved 2022-06-21.
- ^ Drury, Paul. "Pet food banks set up as cost-of-living crisis worsens". The Times. ISSN 0140-0460. Retrieved 2022-06-21.
- ^ "Pawthereum Presents $75K In Combined Donations To CVHAS". The Newtown Bee. January 6, 2020. Retrieved 2022-06-21.
- ^ "Kevin O'Leary Sparks a Battle of Cat vs. DOGE While Promoting Little-Known Pawthereum Crypto". InvestorPlace. 2021-11-15. Retrieved 2022-06-22.