What Is AnimalGo (GOM2)?
AnimalGo is a blockchain-based pet application that brings together pet owners from different parts of the world. The app allows participants to communicate with each other and strengthen relationships. Users can also get care assistance that you wouldn’t think you could get from other conventional mobile apps for pets. The app allows users to upload images and posts while earning various rewards. The rewards depend on the value of the post, which is determined by the number of people who have responded to the post. The project is powered by the GOM2 token. You can see the current GOM2 price on the AnimalGo price chart above.
Besides using blockchain technology, AnimalGo also uses artificial intelligence (AI) and deep learning technologies to create a highly capable application. Therefore, the AnimalGo app is capable of performing many tasks. For example, you can use it to discover your pet’s breed information. Besides that, it can analyze your pets and give information about their present health and age. Additionally, AnimalGo can even listen to your pets and analyze their emotional status to determine their feeling. In this way, the app seeks to strengthen the bond between you and your pet.
The app is also designed to be both highly useful and fun. Users who upload and share pictures of their pets strengthen the deep learning database for more accurate analysis. Additionally, community members enjoy viewing beautiful pictures of various pets for free. In addition to that, AnimalGo users get the chance to meet new friends whom they share with a passion for pets.
It's also important to note that the AnimalGo crypto project applies location-based technologies to support local community activities. The app can help you identify pet facilities and services near you. For example, you can find the nearest pet house, daily care, and beauty services.
Moving into the future, AnimalGo is developing a one-stop shop for all your pet's needs. This diverse ecosystem will include pet healthcare, pet walking friends, pet products, pet insurance, pet wearables, and pet TV.
Who Founded AnimalGo?
The AnimalGo crypto project was founded in 2019 by a team of experts in blockchain technology led by Eliot Song. FuturePlay and GC Biopharma are a few companies that invested in the AnimalGo app.
What Can You Do With AnimalGo Tokens (GOM2)?
GoMoney2 (GOM2) coin is the native token of the AnimalGo project. The token is used to transfer value within the ecosystem. Additionally, it is used to purchase GoPoint (GOP).
GOP is another token of the AnimalGo ecosystem, which can also be earned through participation. It grants holders voting power and access to exclusive airdrops, as well as acts as means of payment while purchasing goods within the ecosystem.
Another important token within the AnimalGo ecosystem is GoExperience (GEX). This token represents experience earned through participating in the AnimalGo community. It cannot be spent or transferred though, it merely tracks the participation of users in the ecosystem.
AnimalGo Tokenomics
AnimalGo crypto assets were initially released with a total supply of 10 billion GoMoney (GOM). However, this supply was reduced to 1 billion when the project switched from GOM to GoMoney2 (GOM2). This move made the tokens rarer, which could potentially reflect in the increase of AnimalGo price. The project also carried out five rounds of buyback and token burning in September 2020 to stabilize the GOM2 price further. Over 27 million GOM2 tokens were burnt. The remaining tokens were distributed to sales (20%), the project team (10%), advisors (5%), marketing purposes (5%), the ecosystem (50%), and the reserve (10%).
