[Translation] A Russian company issues a cryptocurrency token backed by chickens, ducks, geese, and goats

A satirical-ish piece... a translation article. This in itself might simply be interesting.

Setting aside questions like whether tokens are needed or other technical details (lol), personally even if small,a new economic movementcould be fine as long as it happens. (I've heard of it haha)

However, scams and unethical schemes are to be excluded.

Now, I’d like to skim through it.

Russian company plans to issue a crypto token backed by chickens, ducks, geese, and goats

Mashkino, a company owned by Eduard Surkov and based at its Russian headquarters, announced plans to issue its own product—a crypto token backed by chickens, ducks, geese, and young goats. chicken, duck, goose, and kid-goat-backed crypto token.

According to project developer Yaroslav Loginov, the token will be equivalent to a coupon that allows token holders to receive the product after the animals grow.

Additionally, the token will serve asproof of product ownershipas well. In other words, farmers provide the service of raising the animals, and token holders become the owners of specific chickens, geese, ducks, lambs, and kids.