The Dogecoin Foundation was re-established with a “new focus” to accelerate the development of Dogecoin. The foundation’s advisors include Ethereum co-founder Vitalik Buterin and Jared Birchall, the manager of the family office of Tesla CEO Elon Musk.
Dogecoin Foundation restarted
The Dogecoin Foundation was re-established “with a renewed focus on supporting the Dogecoin ecosystem, the community and promoting the future of the Dogecoin blockchain,” the foundation announced on Monday. After many years of inactivity, the foundation tweeted Monday: “Guess who’s back!”
The foundation stressed that “it’s not here to take control of the Dogecoin core wallet project,” the foundation stated:
We’re here to accelerate development efforts by helping the current Dogecoin core and future Dogecoin developers work full-time through sponsorship, as well as providing a welcome landing for new contributors looking to help with the project.
The Dogecoin Foundation is a non-profit organization founded in 2014 by members of the Dogecoin team to provide “support for the Dogecoin cryptocurrency through development and advocacy”. The organization is also responsible for defending the Dogecoin brand “to prevent abuse and fraud” and to create “a roadmap and governance for the future of Dogecoin”.
The foundation said it “holds the Dogecoin Mark and Logo and will maintain them for the community”.
Four advisors are listed on the foundation’s website: Jared Birchall, Max Keller, Shibetoshi Nakamoto (Billy), and Ethereum co-founder Vitalik Buterin.
Birchall, a former Morgan Stanley executive, is a close associate of Tesla CEO Elon Musk. He is the executive director of Musks Family Office Excession. Buterin previously spoke about a possible collaboration between Dogecoin and Ethereum. “If we can have a secure Doge-to-Ethereum bridge. That would be great, ”he said in June. The other advisors are Dogecoin core developer Max Keller and Dogecoin co-creator Billy Markus (aka Shibetoshi Nakamoto).
The foundation noted that in the coming weeks it will “announce new projects that complement the current core wallet to enable faster integration and simpler APIs for financial, social and charity projects that want to use Dogecoin”.
What do you think of the establishment of the Dogecoin Foundation with Vitalik Buterin and Jared Birchall as advisors? Let us know in the comment section below.
Photo credits: Shutterstock, Pixabay, Wiki Commons
Disclaimer of liability: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement for any product, service, or company. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author are directly or indirectly responsible for any damage or loss caused or allegedly caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.