'Panda Earth' Supports Conservation Efforts in China
Joey Haar — May 25, 2018 — Social Good
References: panda.earth & producthunt
During the height of the Bitcoin boom, a few programmers made headlines with Cryptokitties, a set of blockchain-backed tokens in the shape of unique cat cartoons, so while cute animal cryptocurrencies aren't anything new, the 'Panda Earth' project brings a new twist. Not only does the platform let users buy, trade, and sell cryptographically unique panda illustrations, but it also backs that activity with conservation efforts to keep real-world pandas safe and populous.
Pandas on Panda Earth have unique, goofy designs, similar to Cryptokitties, but each panda also has a gender. Users can buy pandas at the marketplace, and they can then hold panda weddings to breed new options. This all takes place on the ERC-721 protocol, which is financially authorized by the China Conservation and Research Center for Giant Pandas.
Pandas on Panda Earth have unique, goofy designs, similar to Cryptokitties, but each panda also has a gender. Users can buy pandas at the marketplace, and they can then hold panda weddings to breed new options. This all takes place on the ERC-721 protocol, which is financially authorized by the China Conservation and Research Center for Giant Pandas.
Trend Themes
1. Blockchain-backed Conservation - The Panda Earth project frames conservation efforts for animals like pandas through blockchain-backed tokens, paving the way for more conservation efforts through cryptocurrency.
2. Cryptocurrency Animal Trading - The platform allows for the buying, selling and trading of unique animals via cryptocurrency, potentially starting a new trend in the world of digital asset trading.
3. ERC-721 Protocol Integration - The use of the ERC-721 protocol, authorized by the China Conservation and Research Center for Giant Pandas, may pave the way for more organizations and institutions to integrate blockchain-powered systems into their work.
Industry Implications
1. Crypto Trading Platforms - As cryptocurrency continues to grow as an asset class, further development of animal-centric cryptocurrency trading platforms similar to Panda Earth hold excellent potential in a dynamic new tech industry.
2. Conservation and Environmentalism - Through blockchain-backed cryptocurrency technology, the Panda Earth project provides new opportunities for fundraising and conservation efforts.
3. Blockchain-enabled Industries - Panda Earth, using the secure blockchain technology opens up the door for other businesses and projects to integrate protocols such as ERC-721, leading to broader, more intense, and innovative applications of blockchain technology.
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