The Bullishly Bred company publishes an NFT collection through which you can actually buy a live puppy.
Recently, Bullishly Bred launched an NFT project, claiming to take a whole new approach. Bullishly Bred’s debut collection is the first of its kind and includes a total of 9 NFTs. Each NFT represents an actual French Bulldog. Co-founder Nicole Harrison is the owner of Ethical Frenchie and explains: “This sets a new standard in dog breeding as pedigree can be perfectly mapped on the Ethereum blockchain. With ledger technology, the dog breeding community now has the ability to demonstrate a dog’s pedigree purity and life history.“
NFTs can be purchased with cryptocurrencies and serve as proof of ownership, which are also linked to a representation of the puppy in the metaverse.
A useful NFT
Harrison explains that ownership history, medical records, genetic data, pedigree and various images are stored in the NFT. “This means ownership can be proven by NFT if your dog is lost or stolen. It also helps give health information to veterinarians and verify the dog’s genetic history at breeding.”
However, one does not immediately get a puppy once one has purchased an NFT. “Because it is a living being, before it is a selection procedure necessary. An interview takes place to ensure that the new owners are part of responsible Household acts and the family is willing to welcome the animal. If the post-auction review determines that the owner is unable to care for the puppy, the NFT must be reassigned or sold. The new owner must then submit to an inspection. Once the purchase is complete, a flight nanny will arrange a day with the buyer to personally deliver the pup.
Bulldogs on the blockchain: a world first
The company explains: “It’s the first time you can buy a dog with cryptocurrencies. The data is stored on the blockchain and cannot be manipulated. We chose the French Bulldog because it is one of the most sought after breeds in the world. However, this breed also has the most corruption in terms of breeding and registration.
Bullishly Bred therefore hopes that NFTs will solve this long-standing problem. Because outdated dog breeding and owner registration procedures could be optimized. “Today there is a lot of fragmentation between the hundreds of breed clubs and animal registries that exist today. And unfortunately their exclusivity is a whole underworld. unscrupulous backyard breeder developed.”
Breeding of NFT
Megan Barraford, also co-founder of the new company says: “NFTs have immense potential, but often serve only for speculation. However, the technology behind NFTs can do much more. It provides a mechanism to store information on the blockchain that cannot be manipulated and can be verified at any time. And now we’re bringing NFTs to the pet industry.”
Harrison has been an active dog breeder for over a decade and champions a ethical breeding a. She wants with that Solve health problems before they arise and the Increase the life expectancy of animals. “Bullishly Bred also plans to develop an inclusive pet exchange where all dog breeds can be registered, including designer breeds such as the Sheepadoodle and even the Merle. Thanks to the NFT project, dog breeding will be completely restructured – it will become open, transparent, decentralized and inclusive for all dogs and humans. Moreover, there is no censorship in this system and it is freely accessible to everyone.
Bulldogs on the blockchain? We will keep you informed.
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