The Dogecoin Foundation is noted for some high-profile board members, including Ethereum founder Vitalik Buterin. Dmitry Buterin said that Vitalik joining the Dogecoin board of directors could turn DOGE into a better coin. Vitalik Buterin’s father finds it positive that Vitalik joins the Dogecoin Foundation board, saying this can improve DOGE. Cryptocoin. com we are looking at the details.
Dogecoin will be better
Dmitry Buterin took to Twitter to say that his son Vitalik joining Dogecoin’s board of directors could actually “make Doge become a better cryptocurrency.” He stated that what his son did in this situation was to try to overcome the difficulties instead of ignoring them. He tweeted this in response to criticism about Vitalik’s decision to officially side with the Doge.
Dogecoin’s advisory board now has a partner and family office head of Elon Musk, in addition to the Ethereum co-founder. He is also the CEO of Neuralink. In its new form, the board will include Dogecoin creator Billy Markus as community and meme advisor, and Jared Birchall, who will represent Elon Musk’s family office head and billionaire Dogecoin attorney as legal and financial advisor. Core developer Max Keller will serve as technical advisor. Other members include Jens Weichers, a former member of the Dogecoin Foundation, and Doge core developers Michi Lumin and Ross Nicoll.
DOGE is on the upswing, recently pumped by tweets from Tesla CEO Elon Musk and billionaire Mark Cuban, owner of the Dallas Mavericks team who sells tickets and merchandise to his games with Doge and other cryptos in his online store.
Aims of the foundation
The Dogecoin Foundation, a nonprofit that aims to support cryptocurrency with advocacy and trademark protection, was founded in 2014 but disbanded over time. Now the group is seeking funding for three years to hire a staff member and work on Doge full time. According to the foundation’s website, group members will meet monthly to discuss issues with the Doge project. In the organization’s manifesto, its members laid out their mission and founding principles:
We develop a currency for people and try to do only good every day.
Starting out as a meme cryptocurrency in 2013, Dogecoin has now grown into a billion-dollar giant, backed by influential figures and billionaires like Mark Cuban and Elon Musk. At the time of publication, the coin was worth around 30 cents per coin.