Pawthereum

{{Cleanup-PR|1=article|date=August 2022}}

{{Infobox cryptocurrency

| currency_name = Pawthereum

| code = PAWTH

| white_paper = [https://pawthereum.com/shared-files/2097/?Pawpaper.pdf "Pawpaper"]

| initial_release_version = October 10, 2021

| status = Active

| project_fork_of = GRUMPY

| author =

| developer =

| website = https://pawthereum.com/

| supply_limit = 1,000,000,000

}}

Pawthereum (ticker: PAWTH{{Cite web |last=Dhaliwal |first=Shivdeep |date=November 16, 2021 |title=It's Dogs Vs. Cats On Twitter As Kevin O'Leary Spars With Dogecoin Creator Over Promoting Pawthereum Coin |url=https://www.benzinga.com/markets/cryptocurrency/21/11/24114274/its-dogs-vs-cats-on-twitter-as-kevin-oleary-spars-with-dogecoin-creator-over-promoting-paw |website=Benzinga}}) is a decentralized, animal welfare–focused cryptocurrency created in October 2021,{{Cite web |last=Rearick |first=Brenden |date=2021-11-15 |title=Kevin O'Leary Sparks a Battle of Cat vs. DOGE While Promoting Little-Known Pawthereum Crypto |url=https://investorplace.com/2021/11/kevin-oleary-sparks-a-battle-of-cat-vs-doge-while-promoting-little-known-pawthereum-crypto/ |access-date=2022-06-21 |website=InvestorPlace |language=en-US}} running on the Ethereum network. A percentage of every transaction goes to a charity wallet,{{Cite web |title=Why Are Meme Coins So Popular? Understanding How They Work and Unveiling the Hype |url=https://www.nasdaq.com/articles/why-are-meme-coins-so-popular-understanding-how-they-work-and-unveiling-the-hype |access-date=2022-06-21 |website=Nasdaq}} and an additional percentage goes back to token holders in the form of reflections.{{Cite web|last=Ryser|first=Rob|date=2021-12-14|title=Cryptocurrency charity donates $50K to Newtown animal sanctuary named after Sandy Hook victim|url=https://www.newstimes.com/news/article/Crypto-currency-charity-donates-50K-to-Newtown-16701920.php|access-date=2022-06-21|website=NewsTimes|language=en-US}}

History

The Pawthereum Foundation (also known as Stichting Pawthereum) was formed in the Netherlands. Pawthereum is a fork of another meme coin, GRUMPY, based on Grumpy Cat. In March 2021, the Grumpy Cat Coin project donated $70,000 in crypto funds to Sterling Animal Shelter.{{Cite web|date=March 26, 2021|title=Sterling Animal Shelter Receives Surprise Crypto Donation Worth $70K|url=https://www.nbcboston.com/multimedia/sterling-animal-shelter-receives-surprise-crypto-donation-worth-70k/2339207/|access-date=2022-06-21|website=NBC Boston|language=en-US}} GRUMPY was converted into Pawthereum after a lawsuit by the owners of Grumpy Cat.

In late 2023, Pawthereum launched PawSwap, making it easier for people to buy and sell PAWTH.{{Cite web |title=PawSwap |url=https://www.pawswap.exchange/ |access-date=2023-12-27 |website=www.pawswap.exchange}}

= Notable donations =

In addition to the $70,000 in crypto funds donated to Sterling Animal Shelter under the Grumpy name, notable donations under the Pawthereum fork include 26 ETH, valued at around $120,000 at the time, to Edinburgh Dog and Cat Home.{{Cite web|last=Elliott|first=Shona|date=November 15, 2021|title=Edinburgh Dog and Cat Home receives £87k cryptocurrency donation|url=https://www.edinburghnews.scotsman.com/news/people/edinburgh-dog-and-cat-home-receives-ps87k-cryptocurrency-donation-3458708|access-date=2022-06-21|website=Edinburgh News|language=en}}{{Cite web |last=Gourlay |first=Kris |date=2021-11-16 |title=Edinburgh Dog and Cat Home get Scotland's largest ever cryptocurrency donation |url=https://www.edinburghlive.co.uk/news/edinburgh-news/edinburgh-dog-cat-home-scotlands-22184029 |access-date=2022-06-21 |website=edinburghlive |language=en}}{{Cite web |last=Stephen |first=Phyllis |date=2021-11-15 |title=Biggest known cryptocurrency donation made to Edinburgh charity |url=https://theedinburghreporter.co.uk/2021/11/biggest-known-cryptocurrency-donation-made-to-edinburgh-charity/ |access-date=2022-06-21 |website=The Edinburgh Reporter |language=en-US}} Another was $50,000 to Four Paws USA, done as a matching donation on Giving Tuesday (November 30, 2021).{{Cite web|date=November 29, 2021|first=Kelli|last=Bender|title=52 Dogs Saved from Death After Rescuers Intercept Truck Taking Tied Up Pets to Slaughterhouse|url=https://people.com/pets/50-dogs-saved-from-indonesia-dog-meat-slaughterhouse/|access-date=2022-06-21|website=PEOPLE.com|language=en}}{{Cite web |date=2021-12-01 |title=Cryptocurrency to save dogs in Siem Reap - Khmer Times |url=https://www.khmertimeskh.com/50980906/cryptocurrency-to-save-dogs-in-siem-reap/ |access-date=2022-06-21 |language=en-US}} The project also made a donation valued at $50,000 to Catherine Violet Hubbard Animal Sanctuary.{{Cite news |last=Drury |first=Paul |title=Pet food banks set up as cost-of-living crisis worsens |newspaper=The Times |language=en |url=https://www.thetimes.com/article/pet-food-banks-set-up-as-cost-of-living-crisis-worsens-lfbf3k2st |access-date=2022-06-21 |issn=0140-0460}}{{Cite web |date=January 6, 2020 |title=Pawthereum Presents $75K In Combined Donations To CVHAS |url=https://www.newtownbee.com/01062022/pawthereum-presents-75k-in-combined-donations-to-cvhas/ |access-date=2022-06-21 |website=The Newtown Bee |language=en-US}}

By July 2022, Pawthereum and its partners had raised $576,200 for animal welfare–focused charities, with $478,700 being donated directly by the Pawthereum team.

= Endorsement by Kevin O'Leary =

Canadian businessman and entrepreneur Kevin O'Leary has repeatedly endorsed the project, praising Pawtherem's utility for charitable giving that goes beyond simply being a meme coin.{{Cite web |date=2021-11-15 |title=Kevin O'Leary Sparks a Battle of Cat vs. DOGE While Promoting Little-Known Pawthereum Crypto |url=https://investorplace.com/2021/11/kevin-oleary-sparks-a-battle-of-cat-vs-doge-while-promoting-little-known-pawthereum-crypto/ |access-date=2022-06-22 |website=InvestorPlace |language=en-US}}

References