FAQDogData Token

The objectives of the DogData IEO are:

  • Increase Awareness The process of launching the Initial Exchange Offer (IEO) of Etherbone Coins and Etherbone Tokens will increase awareness of our products and services to early adopters of new technology. We will offer incentives for people to promote awareness of DogData products and services.
  • Expand Customer Numbers Many of the early adopter of new technologies will either have dogs or know people who have dogs. We expect a jump of our customer numbers through the IEO. We will offer incentives for people to register their dogs during the IEO.
  • Start the Etherbone economy A key element of our strategy is the introduction and launch of the Etherbone Tokens and Etherbone Coins.
  • Raise funding DogData will raise funding to expand the product offering and increase customer numbers and increase market penetration.
  • Provide Liquidity To Investors Listing on a crypto market exchange will allow immediate liquidity for early investors.
  • Phase Funding DogData is phasing the funding through IEO rounds and reward early investors. The large Etherbone Coin reserve will allow DogData to raise additional funding, as and when required, through crypto market transactions.
  • Unlock Exponential Etherbone Coin Growth The Etherbone Coin allocation will align everyone’s incentives and unlock the potential exponential growth of the Etherbone Coin prices crypto market exchanges.

DogData is the first eco-system leverages the power of the dog owner community to improve dog welfare, dog breeding, dog knowledge and uses block negotiation power to create a dog focused marketplace. All of this is enabled through a gamified system with tokens and coins.

The DogData token economics are driven by two market forces, the exchange value on DogData markets and the value on crypto market exchanges.

  • Value of Etherbone Tokens

    Dog owners can use their Etherbone Tokens to avail of product specific discounts. Each Etherbone Token will equal discounts which can be applied to product purchases on the 4Dogs marketplace.

    Discount Value Of Etherbone Tokens We are targeting an average discount value of an Etherbone Tokens to be 5 times. The range of discount value for each Etherbone Token is product specific. The minimum discount value will be 5 times and the maximum discount value 25 times.

    Massive SavingsAnnal Dog Expenditure The average annual expenditure per Dog in developed markets is USD 1’650 per year. This figure varies depending on the Dog breed, the Dog’s activities, the Dog owner and the country of residence.

    Saving potential An average Dog owner can potentially save in excess USD 100 per year, per Dog by using DogData, once DogData has fully rolled out all of the planned products and services as well as expanded the 4Dogs marketplace offerings.

    Buying Etherbone Tokens A Dog owner can supplement the Etherbone Tokens earned for Dog care and welfare activities by buying additional Etherbone Tokens from DogData.

    All funds received from selling Etherbone Tokens will be used to purchase Etherbone Coins from crypto currency markets,

  • Value of Etherbone Coins

    The value of Etherbones will also be driven by demand and supply on crypto market exchanges.

    Funding Tool Etherbone Coins will be sold to through private placement and public initial exchange offer (IEO) to raise funding for the DogData Project.

    Repurchase Mechanism Etherbone Coins will be repurchased from crypto market exchanges at market rates. All funds DogData receives from selling Etherbone Tokens will be used to re-purchase Etherbone Coins from crypto currency markets.

    Exponential Demand For Etherbone CoinsThe demand for Etherbone Tokens will be driven by:

    • The number of Dog owners registered on DogData
    • The number of Dog owners using DogData products and services
    • The number of products available on the 4Dogs Marketplace
    • The number of services available on the 4Dogs Marketplace
    • The number of purchases on the 4Dogs Marketplace

    Some of the Etherbone Tokens will be earned from Dog care and welfare activities, others will be bought from DogData. DogData will use all funds received from selling Etherbone Tokens to purchase Etherbone Coins from crypto currency markets. These demand drivers will increase the demand for Etherbone Coins exponentially.

The DogData IEO is an investment opportunity for

  • Crypto investors
  • Crypto enthusiasts

DogData uses the following tokens

  • Etherbone Token discountutility token
  • Etherbone Coin cryptocurrency

The Etherbone Token is legal globally as discount instruments are used in all global markets, Etherbone Coins cannot be used in every country because some countries do not allow their citizens to use crypto currencies, Our two instrument model using Etherbone Token and Etherbone Coin allows access to our solutions to the maximum number of people.

The Etherbone Token is an electronic form of the typical discount coupon used by many industries in many countries.

  • Etherbone Tokens are created using a private blockchain technology to ensure that discounts can only be used once.
  • Etherbone Tokens are not a crypto currency and therefore can be used globally.
  • Etherbone Tokens are non-transferrable.
  • Etherbone Tokens can be used to within the DogData economy
  • Etherbone Tokens can be earned for dog care and welfare activities
  • Etherbone Tokens can be used to buy products and services at a discount on the DogData platforms.
  • Etherbone Tokens can also be bought from DogData

The Etherbone Coins are a transferrable crypto utility token which can be traded on crypto market exchange.

  • Etherbone Coins are created using a public blockchain technology to track ownership of Etherbone Coins
  • The Etherbone Coins can only be traded or converted into Etherbone Tokens in non-crypto restricting countries.
  • Etherbone Token
    Etherbone Coin
  • Description
    Electronic form of the typical discount coupon used by many industries in many countries
    Crypto Currency / Coin
  • Validity
    Only DogData economy
    Crypto market exchanges
  • Blockhain
    Private
    Public
  • Transferable
    No
    Yes
  • Cryptocurrency
    No
    Yes
  • Restrictions
    None
    Not available in countries where crypto courrencies are forbidden
  • Tradable on crypto markets
    No
    Yes
  • Supply
    10,000,000,000
    10,000,000,000

Yes

Etherbone Tokens can be earned or mined through dog care and welfare activities. These include registering your dog, providing detailed dog information, achieving smart dog sale contract milestones, participating in dog expert knowledge sharing or other dog care and welfare activities.

Etherbone Tokens can also be earned through bounty campaign activities.

No

The Etherbone Tokens can be used globally.

Yes

Etherbone Coins can only be used or traded in countries which allow crypto currencies.

Yes

Etherbone Tokens are an electronic discount token and not a crypto currency.

Thereforethey be used globally, even in countries restricting crypto currencies.

No

Etherbone Coins can only be used or traded in countries which allow crypto currencies.

No

Etherbone Tokens are not transferrable.

Yes

Etherbone Coins are transferrable.

Etherbone tokens can be used for paying for products or services:

  • PedigreeChain
  • DogData Breeding
  • Smart Dog Sale Contract
  • DogData Community
  • 4Dogs Marketplace
  • Instore purchases at participating pet suppliers

Dog owners can earn Etherbone Tokens by any of the following activities

  • Registering their dog on the PedigreeChain, theinternational dog registration database
  • Updating their dog information
  • Completing Smart Dog Sale Contract milestones
  • Sharing dog expert knowledge on the dog expert platform
  • By participating in DogData events and challenges
  • Or other incentivized activities on the DogData platform

Yes

You will be rewarded with Etherbone Tokens by registering your dog and adding your Dogs microchip to data to the PedigreeChain database

Yes

Etherbone Tokens can be bought from DogData.

No

Etherbone Tokens are created using a private blockchain technology to ensure that discounts can only be used once.

Used Etherbone Tokens can be recirculated by DogData and become valid for discounts again.

No

No

No

No

Yes

Etherbone Coins will be listed on Bitforex after completion of the IEO in May 2020.

An Etherbone Coin is a transferable, digital currency created using the ERC20 protocol, a public blockchain technology to track ownership of Etherbone Coins.

The price of Etherbone Tokens will be determined by the value or perceived value of discounts for goods or services which can be bought on the DogData platforms. Trading volumes will be driven by the number of dog owners on the platform and the number of products and services within the marketplace.

We are targeting an average discount value of an Etherbone Tokens to be 5 times. The range of discount value for each Etherbone Token is product specific. The minimum discount value will be 5 times and the maximum discount value 25 times.

An average Dog owner can potentially save in excess USD 100 per year, per Dog by using DogData, once DogData has fully rolled out all of the planned products and services as well as expanded the 4Dogs marketplace offerings.

The main value of the Etherbone Token will be determined by the number of goods and services and the value of such goods and services for sale on the 4Dogs marketplace.

The price of the Etherbone Token will be determined by the value or perceived value of discounts for goods or services which can be bought on the DogData platforms.

The price of the Etherbone Coins will be determined by the demand and supply of Etherbone Coins on crypto market exchanges.

Because all funds received from selling Etherbone Tokens will be used to buy Etherbone Coins, the price for Etherbone Coins will also be driven by the value of the Etherbone Tokens on the DogData platforms.

The demand for Etherbone Tokens will be driven by:

  • The number of Dog owners registered on DogData
  • The number of Dog owners using DogData products and services
  • The number of products available on the 4Dogs Marketplace
  • The number of services available on the 4Dogs Marketplace
  • The number of purchases on the 4Dogs Marketplace

Some of the Etherbone Tokens will be earned from Dog care and welfare activities, others will be bought from DogData. DogData will use all funds received from selling Etherbone Tokens to purchase Etherbone Coins from crypto currency markets. These demand drivers will increase the demand for Etherbone Coins exponentially.

The total number of Etherbone Coins in circulation will be limited to 1 billion (1’000’000’000) Etherbone Coins. All of these coins will be issued and allocated at the same time and no additional Etherbone Coins will ever be issued. The Etherbone Coins supply in circulation gets reduced every time DogData repurchases an Etherbone Coin from a crypto market. DogData will eventually repurchase all Etherbone Coins.

The market forces of the exponential demand for Etherbone Coins and the constant supply reduction of Etherbone Coins has the potential to increase the crypto market price of Etherbone Coins exponentially.

  • Soft CapUSD 0.002Sold out
  • IEO Round 1USD 0.008
  • IEO Round 2USD 0.010

This funding process will allow DogData to maximize customer growth, market penetration and product development.

This funding process will allow investors to be rewarded based on the risks that they are taking. Early investors who have the highest risk have the highest rewards.

Etherbone coins can be bought and sold on

  • Dogdata.io
  • Bitforex.com
  • Or on any cryptocurrency trading exchange Etherbone Coins are listed on

Etherbone coins can be bought and sold on:

  • MyDogData.com for Etherbone Tokens
  • Bitforex.com
  • Or on any cryptocurrency trading exchange Etherbone Coins are listed on

Bitforex.com

May 2020

2.5 % of the total Etherbone or 25’000’000 Etherbone Coins

USD 50 000

Etherbones Coins were sold at USD 0.002 per Etherbone Coin.

The low Softcap raise of € 50,000 is only required for two activities:

  • Expand our minimum viable product (MVP) with great product extensions
  • Pay for the listing fees for the Initial Exchange Offer

The Softcap raise was for 3 days.

$ 375’000

46’875’000 Etherbone Coins

  • DogData.io Immediately
  • Bitforex.com 28th of April 2020

1 week or until all Etherbone Coins offered in this stage are sold

An Etherbone will cost USD 0.008 per Etherbone Coin.

There is no softcap for the IEO round 1.

By this time period DogData has raised sufficient funding to move DogData into the next stage of development

$ 375’000

37’500’000 Etherbone Coins

  • Bitforex.com5th of May 2020

10 days or until all Etherbone Coins in this offered stage are sold

An Etherbone will cost USD 0.010 per Etherbone Coin.

There is no softcap for the IEO round 2

The IEO hardcap is USD 375’000

1 Months

  • IEO round 1 46’875’000 Etherbone Coins
  • IEO Round 2 37’500’000 Etherbone Coins
  • IEO round 1 USD 0.008 per Etherbone Coin
  • IEO Round 2 USD 0.010 per Etherbone Coin

Etherbone coins can be bought and sold on:

  • MyDogData.com for Etherbone Tokens
  • Bitforex.com
  • Or on any cryptocurrency trading exchange Etherbone Coins are listed on

1,000,000,000 Etherbone Coins

Because our target markets are massive, both in number of dog owners and amount spent on dogs each year.

  • 1,42 billion total dogs worldwide
  • 520 million domestic dogs
  • 50 million dogs born each year
  • 30 million unregistered dogs each year
  • USD 1 billion spent on dog registrations per year
  • USD 350 billion spent on dogs every year
  • USD 30 billion spent buying / selling dogs every year

DogData will be phasing the circulation of Etherbone Coins. This phasing will either be driven by funding milestone or customer expansion milestones. The Softcap, IEO round 1, IEO round 2 phasing will allow enough liquidity to maintain the token and coin economies without flooding the market.

Any Etherbone Coin not sold during the IEO round 1 or IEO round 2will be added to the company reserves.

Initially 72.1 % of all Etherbone Coins, or 720’625’000 million Etherbone Coins will be held in the DogData company reserve.

Etherbone Coins held in the company reserve will be sold on crypto market exchanges only if the liquidity of the markets permit raising additional funding for DogData.

No.

It is not in the interest of DogData to have the value of Etherbone Coins drop by flooding the market with an oversupply of Etherbone Coins as it would destroy the image of DogData.

Bounty Hunters are compensated with Etherbone Coins. These Etherbone Tokens are vested, cannot be traded immediately and will only be released over time.

DogData is communicating with all Bounty Hunters and explaining how the prices of Etherbone Coins has a great potential to exponentially increase over time. This will also delay any liquidation by Bounty Hunters.

No

DogData will never burn any Etherbone Coins.

  • Seed funding 2.5%
  • Round 1 4.7%
  • Round 2 3.8%
  • Bounty 2.0%
  • Marketing 5.0%
  • Team 10.0%
  • Reserve72.1%

Yes

10% bonus for all investors above EUR 5’000 in any round

The market price will be driven by two market forces:

  • Exchange value on DogData markets The price of Etherbone Tokens will be determined by the value or perceived value of discounts for goods or services which can be bought on the DogData platforms. Trading volumes will be driven by the number of dog owners on the platform and the number of products and services within the marketplace.
  • Value on crypto market exchanges The value of Etherbones will also be driven by demand and supply on crypto market exchanges.

The larger market force is the exchange value on DogData markets as dog owners will need Etherbone Tokens or Etherbone Coins to avail of discounts on the 4dogs marketplace. The demand for Etherbone Coins will therefore be stable and price levels are expected to rise.

Yes

To improve market making and support the price evolution of the Etherbone Coins, DogData will lock some of the Etherbone Coins for trading. They will be released as follows:

  • 50.0 % Immediately available for trading
  • 12.5% 1 week after listing
  • 12.5% 2 weeks after listing
  • 12.5% 3 weeks after listing
  • 12.5% 4 weeks after listing

Yes

DogData is timing the release of Etherbone Coins in circulation by vesting the Etherbone Coins sold during the first round of the IEO and those given to third parties.

The following graph shows the total Etherbone Coins in circulation over the next twelve months, excluding the any coin supply additions from the DogData reserve or the DogData team allocations.

The increase in the third, fourth and fifth month is 3% driven by release of vested bounty and marketing Etherbone Coins. The increase in the following months is at 2% per month.

DogData will start selling Etherbone Coins as follows:

  • Softcap Sold out
  • IEO round 1Immediatelyon dogdata.io
  • 28th of April 2020on birtforex.com
  • IEO round 25th of May 2020on bitforex.com
  • BTC
  • ETH
  • USDT

Register your Dog www.mydogdata.com
Join our IEO www.dogdata.io

Or join us on any social media channel