The Dogecoin Foundation is back with some high-profile board members including Ethereum founder Vitalik Buterin.
The Dogecoin Foundation, a nonprofit which aims to support the cryptocurrency with advocacy and trademark protection, was founded in 2014 but dissolved over time. Now, the group is looking for three years’ worth of funding to hire a staff and work on Dogecoin full-time.
According to the foundation’s website, members of the group will meet monthly to discuss issues relating to the Dogecoin project.
In the organization’s manifesto, its members laid out their mission and founding principles.
“We are developing a currency for the people, and we strive to do only good everyday,” it says.
In its new iteration, the group will include Dogecoin creator Billy Markus as the community and memes adviser and Jared Birchall, who is head of Elon Musk’s family office and will represent the billionaire Dogecoin advocate as legal and financial adviser. Core developer Max Keller will serve as technical adviser.
Other members include a previous member of the Dogecoin Foundation, Jens Weichers, and Dogecoin core developers Michi Lumin and Ross Nicoll.
Dogecoin, which started out as a meme cryptocurrency in 2013, has now grown into a behemoth worth billions and supported by influential figures and billionaires like Mark Cuban and Elon Musk.
As of publication the digital coin was worth about 30¢ per coin.
More tech coverage from Coins2Day:
- Apple accepts 15 Black- and brown-led businesses for impact accelerator
- What are stablecoins? Your guide to the fast-rising alternative to Bitcoin and Ethereum
- Employees may need to keep up “the pretense of working” as automation spreads, says A.I. Expert Kai-Fu Lee
- What will the future of Big Tech regulation look like? Europe offers some clues
- A road trip on a single charge? Why the long-distance EV remains a pipe dream
Subscribe to Coins2Day Daily to get essential business stories straight to your inbox each morning.