Planning for a Better Breed of DOGE; Dogecoin Foundation Lays Out First-Ever Roadmap

Planning for a Better Breed of DOGE; Dogecoin Foundation Lays Out First-Ever Roadmap

The Dogecoin Foundation, a nonprofit organization that aims to support the development of the memecoin through advocacy, has launched its first-ever roadmap detailing a number of new projects.

  • The foundation announced a Dogecoin “trailmap” which is explores eight projects including the launch of LibDogecoin and GigaWallet.
  • This is the first such roadmap released by the foundation in its eight-year history.
  • In August, the foundation signed the Dogecoin Manifesto, which explained the goal of DOGE and allowed the fans of the Shiba Inu-inspired cryptocurrency to also sign the manifesto capturing feedback and what the community wanted from the project.
  • The Dogecoin Foundation, boasts some well-known board members and advisers, including Ethereum co-founder Vitalik Buterin.
  • In its roadmap the foundation said it is working with Buterin on “crafting a uniquely Doge proposal for a ‘community staking’ version of Proof of Stake (PoS) that will allow everyone, not just the big players to participate in a way that rewards them for their contribution to running the network.”
  • The foundation goes on to say it has “some influential friends” on its side and a growing group of people who are getting ready to contribute development time to these open-source projects.
  • In February, Elon Musk suggested in a tweet that dogecoin might be “the future currency of earth.” Musk’s involvement in the DOGE token tribe has helped sent the cryptocurrency mooooning (his word), along with other alternative cryptocurrencies.
  • DOGE started as a joke in 2013, and is now the 12th most valuable cryptocurrency by market value, according to CoinMarketCap.
  • In July, Dogecoin founder Jackson Palmer said that he would not be returning to cryptocurrency as it is “is an inherently right-wing, hyper-capitalistic technology built primarily to amplify the wealth of its proponents through a combination of tax avoidance, diminished regulatory oversight and artificially enforced scarcity.”
  • On Friday, DOGE was trading at $0.186232, up more than 5% over the last 24 hours.
  • The foundation announced a Dogecoin “trailmap” which is explores eight projects including the launch of LibDogecoin and GigaWallet.

    This is the first such roadmap released by the foundation in its eight-year history.

    In August, the foundation signed the Dogecoin Manifesto, which explained the goal of DOGE and allowed the fans of the Shiba Inu-inspired cryptocurrency to also sign the manifesto capturing feedback and what the community wanted from the project.

    The Dogecoin Foundation, boasts some well-known board members and advisers, including Ethereum co-founder Vitalik Buterin.

    In its roadmap the foundation said it is working with Buterin on “crafting a uniquely Doge proposal for a ‘community staking’ version of Proof of Stake (PoS) that will allow everyone, not just the big players to participate in a way that rewards them for their contribution to running the network.”

    The foundation goes on to say it has “some influential friends” on its side and a growing group of people who are getting ready to contribute development time to these open-source projects.

    In February, Elon Musk suggested in a tweet that dogecoin might be “the future currency of earth.” Musk’s involvement in the DOGE token tribe has helped sent the cryptocurrency mooooning (his word), along with other alternative cryptocurrencies.

    DOGE started as a joke in 2013, and is now the 12th most valuable cryptocurrency by market value, according to CoinMarketCap.

    In July, Dogecoin founder Jackson Palmer said that he would not be returning to cryptocurrency as it is “is an inherently right-wing, hyper-capitalistic technology built primarily to amplify the wealth of its proponents through a combination of tax avoidance, diminished regulatory oversight and artificially enforced scarcity.”

    On Friday, DOGE was trading at $0.186232, up more than 5% over the last 24 hours.

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