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September 26, 2021, 06:49:56 PM |
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What Is SpaceDawgs? Memecoin meets utility... Simply put, SpaceDawgs ($DAWGS)is a decentralized utility coin that passes as a memecoin. The project is led by business-savvy crypto professionals, and the digital wallet is being developed by the MatterFi team, which includes Chris Odom, the creator of the Open Transactions protocol. OTX uses financial cryptography to create secure and private transactions. While many of you may know what SpaceDawgs is developing — a digital wallet and card that will act as a custody card/wallet and debit/credit card — not too many are familiar with how SpaceDawgs came to be. SpaceDawgs was inspired by the memecoin revolution. As the popularity of Dogecoin and Shiba Inu grew, copycat coins and memecoins were developed and launched. Many of the memecoins either had utility within their own ecosystem or no real utility. As investors and observers of the cryptocurrency space, members of the SpaceDawgs team saw a gap in the marketplace: real utility for memecoins on multiple blockchains. For those wondering how the name SpaceDawgs came about, it’s simple. Space is where all coins want to go — specifically, “to the moon!” And dogs have played a big role in the memecoin revolution. The original name, SpaceDoggs was taken, so the team went with the next best thing: SpaceDawgs. The details about the team coming together is a story for another day. It includes savvy investors and some highly technical blockchain and smart contract experts, focused on creating a functional digital wallet and card that are safe, secure, and private. Over time, we will learn more about the people behind SpaceDawgs. SpaceDawgs to the Rescue SpaceDawgs is aiming to solve multiple problems in the cryptocurrency space. Addressing the need to switch between blockchain wallets in order to access your cryptocurrency Bringing real-world utility to cryptocurrency through the Dawgs debit and credit card Doing all this securely and privately through a decentralized wallet and card
All of this takes time, and it will come in phases. The first launch will include a soft wallet and custody card. You can consider both hard and cold wallets. As the technology continues to be rolled out and integrated, you can expect a wallet to work on swap platforms and exchanges. You’ll have a card that will act as a cold wallet card but give you the ability to use the crypto you hold in your wallet to pay for goods and services with your Dawgs card. The complexity of this buildout is hard to grasp from the outside. There are many moving parts. A lot of thought must be put into ensuring the wallet and custody card work on and off multiple blockchains while also ensuring the user experience is superior to what is currently available. The SpaceDawgs team is composed of computer scientists, graphic design artists, business professionals, and cryptocurrency investors and enthusiasts. The operation is lean, and the core team members understand what is needed to take SpaceDawgs from a memecoin idea to a true utility project.
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