The Dogecoin Foundation was reestablished with a “renewal of focus” to speed up the development of Dogecoin. The foundation’s advisors include Vitalik Buterin, Ethereum founder; and Jared Birchall (manager of Tesla CEO Elon Musk’s family office).
Dogecoin Foundation Relaunched
Monday’s announcement by the foundation stated that the Dogecoin Foundation was reestablished with a renewed focus on the Dogecoin ecosystem and community, as well as promoting the future Dogecoin blockchain. The foundation, which had been inactive for many decades, tweeted Monday: “Guess Who’s Back!”
The foundation clarified that they are not here to “take control” of the Dogecoin Core wallet projects.
“We are here for the acceleration of the development effort by supporting current Dogecoin Core developers and future Dogecoin programmers to work full-time through sponsorship. We also provide a welcome landing for new contributors who wish to contribute to the project. “
The Dogecoin Foundation was established by Dogecoin members in 2014. It provides “support for Dogecoin cryptocurrency through advocacy and development.” It is responsible for protecting the Dogecoin trademark and creating a roadmap and governance plan for Dogecoin’s future.
According to the foundation, it “holds both the Dogecoin mark as well as the Dogecoin logo” and will continue to maintain them for the benefit of the community.
The foundation’s website lists four advisors: Jared Birchall (Billy), Max Keller, Shibetoshi Nagamoto (Billy), Vitalik Buterin, and Shibetoshi Nakamoto, the co-founder of Ethereum.
Birchall is an ex-executive at Morgan Stanley and is close to Tesla CEO Elon Musk. He is also the Excession managing director. Buterin previously spoke out about possible collaboration between Dogecoins and Ethereum. “If we can have an encrypted Doge-to Ethereum bridge, He said that it would be “amazing” in June. Max Keller, Dogecoin Core developer, and Billy Markus (also known as Shibetoshi Nakamoto), are the other advisers.
The foundation stated that it would announce new projects in the coming weeks to “enable faster integration and simpler APIs for financial and social projects that use Dogecoin.”
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