Approximately 55% of the global population owns pets. The market capitalization of the pet industry was pegged at USD 125 Billion in the year 2017. Over the past few years, the industry has maintained a steady growth rate of 5%, which is only speculated to increase in the future, given the consumers growing demand.
Petchains: Bringing a Transformation
Petchains is a dedicated global pan-pet market information management system and a trading platform. The primary objective of this project is to build and promote animal community wherein users can interact with each other in order to offer better lives for pets.
Why is Petchains a Dire Need?
Presently, there are no legislated rules and regulations associated with animals and their data anywhere across the globe. Typically, all issues and concerns related to pets are sorted by owners. However, this lack of proper regulation raises some serious safety issues with regards to the nurturing of pets.
Petchains has identified this obstacle and developed a global community that works solely to raise the existing standards of the pet community. By offering a seamless platform for pet owners to communicate with each other, the platform ensures efficient transfer of data associated with pets.
Key Features of Petchains
- Transparency in Data:
The platform offers verified and relevant data that is accessible to all pet owners alike in order to gain relevant knowledge associated with any pet
- Real-Time Global Communication:
Pet owners across the world can seamlessly interact with one another. They can also connect with each other in real-time and share their knowledge regarding pets and gain relevant information.
Petchains platform is backed by exchange Petcoin (PTCS) that can be used to access various services offered within the ecosystem. PTCS offers a convenient and secure mode of payment and settlement between users who communicate on the Petchains domain. The platform has offered 900 Million tokens and the soft cap is set at 5,000 ETH and the hard cap is valued at 89,285 ETH. The PTSC token sale is live and coins are available on the official website https://www.ptcs.io/. The token distribution is allocated in the following way:-
- Token Sale Program: 60%
- Team and Founders: 15%
- Reserve Fund: 8%
- Ecosystem Development: 7%
- Marketing and Bounty: 6%
- Board Advisors: 4%
- Contingency: 4%
Petchains: A Unique Pet Market Ecosystem
Petchains is a global pet information market system and trading platform that envisions to strengthen and empower the pet industry. It is an initiative dedicated to building a social pet economy where all the data associated with pets across the globe is easily accessible for pet owners to obtain and share in order to improve the lives of pets.