After six years of media silence, the Dogecoin Foundation is coming back to support core developers and projects benefiting the meme-based cryptocurrency.
The Dogecoin Foundation said it would be re-establishing itself in an effort to support the DOGE community as well as promote the future of the blockchain. The foundation said it would be announcing new projects in the coming weeks encouraging the adoption and utility of DOGE “that increase Dogecoin uptake at a grassroots level.”
The Dogecoin mark and the Dogecoin Logo and will be maintained for the community,” said the announcement. “This will mean the Foundation can continue to protect the Dogecoin Brand and allow ability to use it for Dogecoin-related memes, projects and fun.
According to the foundation, it is aiming to secure a three-year budget to onboard team members to support its goals. The project’s website lists Ethereum co-founder Vitalik Buterin, Dogecoin co-founder Billy Markus and Dogecoin core developer Max Keller as advisery board members. In addition, Tesla CEO and DOGE proponent Elon Musk’s interests will seemingly be represented by Neuralink CEO Jared Birchall.