The Digital Pets Company launches crypto dogs for the metaverse

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The Digital Pets Company said it is releasing AI-powered 3D digital dogs as companions for the metaverse.

The dogs will be secured as non-fungible tokens (NFTs), which can be used to authenticate unique digital items. It’s the antidote to NFT cats, which another gaming startup, Tiny Rebel Games, announced in March with the goal of creating digital cats. Both companies are confident that the Nintendogs concept will work well with NFT.

To commercialize its technology, The Digital Pets Company has raised seed funding from Outlier Ventures, Hawk Digital, MaxStealth, and angel investor Rafi Gidron, who started Chromatis and sold it to Lucent for $4.8 billion. The startup is in talks with additional potential investors.

Interoperable persistent-state digital companions will allow owners to interact with them in worlds of virtual reality, augmented reality, mobile devices or web applications.

Combining AI, extended reality (XR), and blockchain technologies, the company is creating a continuous two-way emotional relationship with a virtual being through virtual environments, apps, and games. Each dog is unique in appearance and personality, powered by the startup’s proprietary PetOS technology.

Itay Hasid is CEO of The Digital Pets Company.

The company’s mission is to create realistic interactions through voice, visual and tactile communication to enable people to interact with their digital dogs in the same way as their physical pets. They can name them, train them and play with other people and their digital dogs when they meet.

All digital dogs, along with their visual and personality traits, are protected as NFTs on the Ethereum blockchain. Each NFT will belong to a digital wallet owned by a specific user. The startup’s unique blockchain implementation allows users to take care of the digital dog and train it together with other users, such as family and friends.

Just like in real life, a digital dog can be a family pet or an office dog. The NFTs will be stored as ERC-721 tokens and hosted on the Interplanetary File System (IPFS). Each NFT is connected via proprietary PetOS to a real digital dog.

The digital dogs will be used in different virtual environments in the metaverse through the company’s proprietary software development kit (SDK). The Digital Pets Company will sell NFTs that will allow digital dog owners to meet and train their dogs through one-on-one digital interactions.

Owners will use tokens to help train digital dogs by providing positive incentives, just like real-life dogs. The startup will develop social interaction in digital playgrounds where people and dogs can socialize.

“In the next decade, we will see more and more virtual spaces where people will spend time and create new interactions,” Itay Hasid, CEO of The Digital Pets Company, says in a statement. “These spaces will be very empty and lonely without adequate content, connecting people and establishing substantial social relationships. Dogs, being man’s best friend, make us happier and help us connect with new people. I believe that artificial intelligence, animation, and multi-sensory communications that combine voice, sight, and touch will make it possible to create true relationships, exactly as in the physical world, and to satisfy social and emotional needs.”

The Digital Pets Company will let you have NFT dogs.

Digital Pets Company was established in July 2021 and is run by dog-loving engineers and developers. The team is made up of experts in artificial intelligence, machine learning and virtual reality. Itay Hasid, who co-founded the startup with Maciej Miarecki and Amit Yogev, is a 34-year-old serial entrepreneur who co-founded startups Mobeego (acquired by Life Clips), Kado, and Qase, among other companies.

Digital identity is becoming more important than ever. Many people purchase avatars that will represent them in online social experiences, dressing them in appropriate clothing and footwear to express the owner’s unique digital identity. Giant companies like Meta Platforms (formerly Facebook) are even proposing to create avatars that can accompany users through different virtual worlds, in order to establish a unified and persistent digital identity.

The Digital Pets Company has made the Laika web application demo available. Named after the first dog in space, Laika is the company’s first digital dog. As a proof of concept, Laika has laid a solid foundation for a new living species that learns by itself, using voice AI, extended reality and blockchain technologies in a way that has never been done before.

Beyond Laika, The Digital Pets Company is currently finalizing construction on its digital lab. The lab is a unique 3D virtual space that currently contains the first generation embryos of Digital Dogs. These are still growing in incubators. The owners will have access to the same space where they will be able to see how the dogs develop, as well as give them a name and soon train them.

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