The Dogecoin Foundation is making a comeback after a six-year absence. In an announcement yesterday, the foundation said it is returning to promote Dogecoin’s blockchain, ecosystem and the community at large.
Dogecoin Foundation is a non-profit organisation for the meme-coin through development and advocacy.
“We believe that the success of Dogecoin is through broad global adoption and utility, and intend to focus on projects that increase Dogecoin uptake at a grassroots level.” The foundation said in its statement.
In the press release, the foundation spoke of plans to roll out new projects in the coming weeks to complement the existing core wallet. This will ensure faster integration and easier APIs for Financial, Social and Charitable projects that choose to use dogecoin’s platform.
The foundation says it holds exclusive rights to the dogecoin mark and the dogecoin logo, explaining that it “will maintain them for the community,” as a way for protecting the dogecoin brand.
The mark and logo will be used only for “Dogecoin-related memes, projects and fun.” And permission for usage will be issued under a very liberal license.
Core and future dogecoin developers will be able to work on a full-time basis through sponsorship from the dogecoin foundation. Also, a welcome landing will be provided to new contributors.
The foundation’s board is made up of five members that are expected to meet monthly.
A strong contingent of industry heavyweights including Max Keller, Shibetoshi Nakamoto (Billy), Ethereum’s founder Vitalik Buretin and Jared Birchall (representing Elon Musk) are listed as board advisors.