Anymal Foundation is launching a new grant program for developers to create a programmable onchain identity layer for animals, promising improved care, transparency, and innovation in various sectors from pets to wildlife.
The Significance for the Global Animal Economy
The global animal economy is valued at $6 trillion but faces data fragmentation and inefficiencies. It is estimated that outdated record-keeping systems cost the industry over $231 billion annually. Anymal Foundation, backed by companies like Nestlé Purina PetCare and Escape Velocity Crypto, aims to transform how animals are identified, managed, and cared for on a global scale.
Anymal IDx: The Identity Layer for All Industries
Anymal IDx provides a privacy-preserving, verifiable identity system for pets, livestock, equine industries, and wildlife. This allows regulators, innovators, and veterinarians to make real-time, data-driven decisions with trusted, portable data, ensuring more effective compliance, faster care model launches, and economic development.
First Wave of Anymal Grants: Hello, Anymal…
The program offers three funding tiers for projects advancing decentralized identity, AI-enabled animal care, and blockchain-based solutions. It includes starter grants up to $10,000 and open innovation grants up to $25,000 for impactful projects.
Anymal Foundation provides new opportunities for developing web3 solutions in the animal care industry, aiming for modernization and optimization. The blockchain data program enhances transparency and innovation in the animal economy.
