There are thousands of animal shelters across the world and sadly millions of animals who occupy them in fact in Australia alone over 112 000 animals were received by the rspca across 2019 and 2020.
Many of these animals end up being euthanized of the 200 000 dogs admitted to shelters 20 percent are euthanized while cryptocurrency and blockchain expands it seems that blockchain technology has now extended to helping animals with the recent launch of poor etherium portherium is a decentralized community-run crypto project that gives back to animal shelters and advocates for the well-being of animals according to the crypto's white paper poatherium aims to utilize blockchain technology to get funding for animal shelters across the globe essentially cutting out the middleman and allowing people to donate directly to animal shelters moreover portherium also plans to teach animal-based Charities the benefits of decentralized finance and digital asset ownership an initiative which is part of the organization's long-term roadmap as far as the tokenomics of portherium are concerned the white paper States the smart contract provides automated redistribution of porth the blockchain's Native token a two percent fee on every transaction is automatically split between the charity wallet and all of the token holders.
The multi-signature wallet is transparent and can be tracked by the whole Community with the accumulated funds being transferred to an animal shelter or animal related charity once a month polythereum is new and has a market capitalization of just under a thousand dollars with a current value of 0.098 cents but what are your thoughts on poor etherium do you like the fact that they're trying to help animals let us know in the comments.
