What are Piggies?
Piggies are your way to show your love for the local petting zoo (well, the one where I live anyway). You see, the local government cut its funding so it’s now only open three days a week. As a volunteer-run organization, they’re permanently strapped for cash to pay for food, medicine, and shelter for the animals. Holding or trading this coins allows you to show your love for all things related to pigs, goats, chicken, bunnies, birds – seriously, it’s downright adorable, and they’ve got all the space in the world, but need a solid cash basis to make sure any additional animals they put up are cared for well into the future.
How many Piggies are there?
There is a fixed total number of 2,800,000,000 Piggies. This is because that’s the approximate number of basepairs in the haploid porcine genome: 2800 Mb (megabases) (You can download it
if you like – by comparison, us humans come in at around 3,200 Mb). Rest assured that beyond this number, no additional Piggies will ever be made.
Is it secret? Is it safe?
Piggies are as secret and safe as any other ERC20 token living on the Ethereum blockchain. Except maybe eBTC, that has
this nasty bug/feature
that allows its owner to mint more of them at will.
Which wallets are supported?
Any wallet that supports ERC20 tokens is supported. This includes
How can I get my hands on some Piggies?
Any other wallet that supports ERC20. You may have to enter the contract address, symbols, and decimals for it to work.
There are two means by which to acquire Piggies:
1. The token sale
A maximum of 1,900 MegaPiggies (that’s 1,900,000,000 Piggies) will be sold in the token sale at a rate of 20,000,000 Piggies for each 1 ETH contributed. There is no minimum contribution amount, so if you like, you can also contribute 0.001 ETH and receive 20,000 Piggies (and a smile on your face).
2. The airdrop
Of course, we sympathize with those of you who are strapped for cash, but still like to show that they care. Therefore, we’re distributing 30% of the total number of tokens in an airdrop. That’s 840 MegaPiggies.
To participate, go to
and leave your ETH address, and a personal message for our friends at the petting zoo.
Every participant in the token sale is automatically also gets a share of the airdrop, ensuring they’ll always get more Piggies than non-paying supporters.
The airdrop is designed to accommodate 5,000 crypto-petting-zoo-enthusiasts. We'll start distributing the first tokens after 1000 people register for the airdrop. Depending on how soon this is, we might adjust the number of tokens subsequent participants receive to make sure everybody gets some. Rest assured that paying contributors get the maximum amount of airdroppable Piggies (= 840M / 5000 = 168 KiloPiggies), irrespective of when they join.
The remaining 60 MegaPiggies, as well as 50% of any Piggies that are not sold in the token sale, will be donated to the petting zoo to do with as they please. The other 50% of unsold Piggies will be distributed to paying contributors in the token sale, proportional to their contribution.
When will the token sale end?
The token sale will end on November 30th.
What is the purpose of the token?
Holding or trading Piggies is a means of showing you care about charitable things like petting zoos. Also, it is tradeable on EtherDelta (
), so you can make a neat profit if you like.
(Technically, you could
Piggies by sending them to 0x0, but that would just be wrong and I’d strongly advise against it)
But… this concept is never going to work!
Yes, it is. Here’s why. Remember all these coins like eXRN, eBTC, and basically every other ERC20 (or Waves) token that was airdropped/ICO’ed recently? There is no reason for most of these coins to be worth anything.
However, what happens is that once some tokens are sold and the airdrop takes place, people start trading them. The fact that some of these tokens were paid for in the first place (in a token sale) means they are worth something to someone, and thus an opportunity for trading arises. People buy them in hopes of an increase in value, i.e. to sell them at a profit later on. Some people sell their tokens for Ether, some people trade them at a profit, and some people hold on to their tokens hoping they’ll be worth more in the future. The latter category end up being really rich in the future, or holding the bag – but that’s the gamble they take.
There is no reason to believe that Piggies should be any different - and therefore, yes, this will work. But even if it is different, nobody is left holding the bag in the case of Piggies, because the whole point was to support a good cause. Everybody walks away with a smile on their face.
What will the proceeds of the token sale go towards?
All proceeds of the token sale, minus expenses, will go straight towards the petting zoo. They’ll get a choice between ETH and fiat.
expenses that will be subtracted from the total donation are gas costs incurred.
How do I know you’ll give it all to charity?
The short answer is, you don’t. I could be a fraudster and run off with your money. But consider the following.
If I would do that, I’d be an extremely despicable person (Stealing from charity? Bah!).
If I wanted to run off with your money, I would have made up a much more business-like story to persuade you to invest in a token sale + airdrop.
Also, note that I’ve put significant amounts of my own time and money into this project already. There is a website, a smart contract deployed, and I’ve made the first donation myself as a regular token sale participant. This demonstrates that I really believe there are no losers in this project.
What does the roadmap look like? What are the next steps?
So here’s the deal. Once we’ve raised >10 Ether or it’s November 30th (whichever occurs first), I’ll personally head over to the petting zoo, and take a picture with happy pigs/goats/etc. as I’ll hand over the money.
Also, as part of our roadmap, an artist friend of mine who owes me one for hosting her website for free for many years running will paint her crypto-inspired version of a Piggy-bank, and we will frame that and a selection of the wonderful messages that you post in the airdrop form and token sale. Your messages will be there for all to see, and I’ll post photographic evidence with bunnies.
What if I have questions or comments?
Feel free to post them in our BCT thread
, send them as a direct message on BitCoinTalk, or via the contact form below.