Dog CollarPrice

(COLLAR)

Dog Collar (COLLAR) began as a coding experiment and was one of the earliest tokens launched within its original ecosystem. While often mistaken for a simple meme coin, it has evolved into a sophisticated, community-led DAO project. After the original creator moved on, dedicated community members revitalized the project to prove that organic growth and utility could succeed without massive marketing budgets. Today, it serves as the foundational currency for a burgeoning play-to-earn metaverse.

Dog Collar maintains a unique historical connection to the Shiba Inu project. Half of the total COLLAR supply was famously burned to the Shiba Inu token contract. This action effectively made the SHIB project a major, albeit passive, holder, as those tokens are permanently inaccessible. Although it started as the first external project within that ecosystem, COLLAR has since matured into an independent entity with its own decentralized governance and utility-driven roadmap.

The project utilizes a specialized three-token structure to manage its economy and governance. COLLAR serves as the primary spendable currency within the metaverse. TAG (Dog Tag) acts as the governance token, empowering holders to vote on DAO proposals and shape the project’s future direction. GeM (Genesis Mechanism) is a utility token specifically designed for breeding and upgrading character entities in the game. This separation ensures that gameplay, leadership, and economy remain balanced.

CollarQuest is the project’s core metaverse utility, featuring a strategic play-to-earn battle game available on multiple platforms. Within this world, players use SPARC-E (Sentient Programmable Assault & Reconnaissance Canine – Entities). These are unique NFT characters that players can own, use for battling, and breed. The game combines strategic combat with digital asset ownership, allowing users to interact with the ecosystem in an immersive and rewarding environment.

The development is led by Steven Schroedl, originally known by the pseudonym Morpheus. As a public and doxxed figure, Schroedl brings significant credibility to the project. He is the founder of the CollarQuest ecosystem and serves on the W3C Metaverse Interoperability Council. His leadership ensures that the project remains focused on technical standards and long-term utility within the broader Web3 and metaverse space.

Players can earn rewards through several avenues in the CollarQuest ecosystem. Competitive users can win PvP battles to climb leaderboards, while others focus on breeding rare SPARC-E NFTs to trade in the marketplace. Additionally, the project supports a scholarship model. This allows NFT owners to loan their game characters to other players, facilitating a revenue-sharing arrangement that expands accessibility to the game while rewarding asset holders for their participation.