A A news analysis
Fans of Alaska’s Iditarod Trail Sled Dog Race might soon be able to help fill its financial coffers by doing their shopping with virtual IditaCoin.
As Fairbank’s Brett Sass was preparing to run the last leg of the 1,000-mile race on Monday to seal his first Iditarod victory on Tuesday, the race announced the launch of a cryptocurrency with the promise that “IditaCoin will generate funding not only for staging the historic race, but for animal welfare grants and financial support for the rural communities that share the heritage and tradition of this great race.”
“IditaCoin (DGZ) is a Solana-based crypto utility token which will be used to access Iditarod programming, events and merchandise,” the website says, “and that’s just the beginning. Now is your chance to be on the right side of history – buy DGZ today and let’s win together!”
An IditaCoin “whitepaper” suggests the coins will become more valuable as increasing numbers of buyers enter the market for IditaCoins, and thus those who buy early will not only be able to immediately start shopping Iditarod merchandise, and possibly other merchandise in the future, but will see the value of their IditaCoins grow over time.
“We believe that the good you do, should do good for you,” the pre-sale website…