Service

1. Adoption and Real Name Registration Service

Companion Pet World platform collaborates with licensed pet farms to facilitate pet adoption. For adoption, the DNA information of the parent animals of the desired pet and the DNA information of the pet being adopted must be registered under real names. Additionally, the real name of the adopting pet owner must also be registered. By registering both the pet and the owner under real names, it strengthens the sense of responsibility of the pet owners for pet care, as if the pet is abandoned, the owner can be traced through the computer system. Upon completion of the real-name registration process, when the pet is adopted, eight documents including DNA profiles, pedigree certificates, real-name registration confirmation, health diagnosis, health booklet, GPS collar, pet insurance certificate, and real-name adoption contract are issued to enhance trust and ensure quality regarding the adopted pet.

Example of eight issued documents when using pet sales service in the Companion Pet World platform

2. Pet DNA Testing and Pedigree Management

Through the Companion Pet World platform, users can register their pets under real names and apply for DNA testing. Upon application, a DNA sample collection kit is dispatched, which can collect DNA samples from the pet's blood, hair, saliva, and other sources. The collected DNA sample kit, along with the test request form, is sent to the Korea Genetic Information Institute, a partner of the Companion Pet World platform. The DNA testing is conducted utilizing Companion Pet World's patented DNA pedigree management system (Patent No. 10-1733917), and the certification containing the DNA test results is registered under real names on the Companion Pet World platform.

By registering the DNA number issued on the certificate under real names, it proactively mitigates the risk factors that could lead to consumer disputes related to pets (such as undisclosed genetic defects upon adoption or deceptive practices regarding the breed or size of the pet during adoption

Overview of the pet DNA testing process through the CPC platform

Companion Pet World platform provides a lineage management service through systems such as a DNA lineage computerized management system registered under real names, a pet lineage computerized management system, a pedigree system for pet bloodlines, and a system for managing mixed-breed lineage under real names. Additionally, it offers services for distinguishing breeds through DNA testing of parent animals of adopted pets and managing pet pedigrees, as well as issuing bloodline certificates.

3. Pet Supply Shops and Partners

The platform features various shopping malls and partner businesses, operating in franchise formats. These include over 50 types of customized pet food markets tailored by age, function, and breed, pet adoption shops exclusively for pets with DNA testing, pet sitter services offering grooming and walking (care), zoos, pet-exclusive pensions, pet funerals, and pet promotional video production services. Users can make payments for all services using CPC and DKP.

4. Metaverse

Companion Pet World platform is currently under development to provide Metaverse services. Through the Metaverse platform, players (users who have joined the Metaverse) can not only create their own 3D avatars but also create avatars for their pets, enabling them to experience various new and unique experiences together that were not possible in real life.

Example of play screen of Companion Pet Coin platform metaverse service

The reason why the Companion Pet Coin project team is preparing to develop a metaverse platform is to target the MZ generation, which is predicted to become the main force in economic activities and has seen a rapid increase in the population of pet owners. In particular, it has been revealed that millennials, born from the early 1980s to the early 2000s, represent the largest segment among pet owners.

Pet owners in the US by generation (source: Statista(left), APPA(right))

3D avatar has emerged as an appealing marketing tool for companies seeking to target the MZ generation. It can be considered as "another self" living in the metaverse world, which is a core component and major player of the metaverse platform. In the metaverse world, the 3D avatar represents the user.

Metaverse Service Platform of Companion Pet World

Players in the metaverse can decorate their 3D avatars and their living spaces according to their preferences using decorating items, which can be purchased directly from the in-game item shop.

Therefore, when using the metaverse service provided by the Companion Pet World platform, users will use CPC and DKP as payment methods to purchase avatar items. Through such economic activities by users, the token economy of the Companion Pet World platform can be activated, leading to a circular economy structure within the platform.

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