OPEN LETTER TO COINBASE
Subject: Request for Transparency and Fair Listing Practices for $DOG on Coinbase
The $DOG Army is writing this open letter to respectfully request clarification regarding the status of $DOG's application for listing on the Coinbase platform. This letter also serves to inform the broader crypto community of our ongoing efforts to address broader concerns in the cryptocurrency space about transparency and fair listing practices for non-utility tokens (memecoins).
We acknowledge Mr. Armstrong’s November 2nd, 2024, tweet claiming "free listings" however despite the $DOG Army's repeated attempts to engage with Coinbase, no response has been received to date.
Mr. Armstrong’s public call for applications and invitation to “drop us a note”, even after our initially fruitless earlier attempts, encourages the $DOG Army to reiterate our request for a $DOG listing.
We strongly suggest that Coinbase evolve its Asset Hub process to be genuinely inclusive of all decentralized and fairly distributed memecoin communities, regardless of their organizational structure. Currently, the requirement for information inherently unavailable to truly decentralized memecoins like $DOG and indeed, Bitcoin itself—creates an uneven playing field and undermines the core principles of decentralized cryptocurrencies. This structure risks inadvertently favoring venture-capital-backed memecoins, is potentially stifling the decentralized fairly distributed memecoins and is leading to corporate controlled memecoins that insiders dump on retail. We urge Coinbase to take proactive steps to address this systemic issue and create a more equitable listing process that reflects the diverse landscape of the memecoin market.
$DOG is the #1 memecoin on Bitcoin:
• 100% of the supply was airdropped for free in a volunteer organized initiative with no presale or team allocation.
• Reached a $980M market cap organically despite zero tier-1 CEX listings because we refuse to pay listing fees.
• No tokens have been paid to influencers or marketing firms, or market makers so all value has been accrued organically.
The $DOG Army firmly believes that a Coinbase listing would significantly benefit both $DOG holders and the broader memecoin market by encouraging more memecoins to go the decentralized, community driven bottom up, fair distribution approach.
$DOG has trended on X for over 30 days in the past 6 months and has reached 10% of all mindshare on X for memecoins which demonstrates organic growth and fervent support, vital indicators of a memecoin's long-term viability.
In the interest of clarity and fair practices, we respectfully request the following from Coinbase, including a formal meeting to discuss these critical issues:
1. Specific Concerns Regarding $DOG: If any specific concerns prevent $DOG's listing, they must be clearly articulated to enable the $DOG Army to address them.
2. Listing Criteria: A complete and detailed explanation of all listing criteria employed by Coinbase is required to ensure transparency, trust and fairness.
The $DOG Army is committed to creating a healthier non-utility token (memecoin) market by advocating for decentralized memecoins which follow in the footsteps of Satoshi Nakamato's BTC which had no market makers, no team/corporation, and no treasury for CEX listing fees or paid promotion.
We look forward to a constructive response from Coinbase and a meeting to address these critical issues. Listing $DOG presents a mutually beneficial opportunity for both Coinbase and the $DOG Army, driving increased trading volume and expanding access to a thriving market of decentralized, fair, and well distribution memecoins.
Sincerely,
The $DOG Army
@brian_armstrong@iampaulgrewal@coinbase
@MadpunkCalls@binance Binance clearly has no shame giving retail the middle finger and listing low cap $15M scams
Very disappointing to see from an exchange that I admire a lot
The tier-1 listings situation with $DOG is simple
So far the tier-1 CEXs have chosen to ignore $DOG despite it being the highest market cap memecoin ever to not have a single tier-1 listing
Instead they have chosen to list scammy insider $15M dog coins
So be it
We will show up here every single day and fire off millions more tweets until every single one of them has listed us
Every penny higher our market cap goes without a tier-1 listing the more valid the point we are making becomes
I don't care if we have to send $DOG to $100B first
They all must bend the knee
The $DOG Army has 10.5% of all memecoin mindshare
This is our app now
And don't mistake this as being about number go up
We could have set aside the 10% of our supply and been listed everywhere by now but we didn't because somebody had to take a stand against the blind greed and corruption in our industry
100% of the $DOG supply was airdropped for free in a 100% volunteer initiative with no team allocation
Every wallet received the same amount regardless of whether it was a whale who held millions of dollars of blue-chip inscriptions or a minnow who inscribed 3 random JPEGs
If to launch a successful memecoin you have to team up with CEXs, VCs, KOLs, and market makers who all take their cut and then dump on retail then what is the point of retail supporting the memecoin asset class at all in the first place
Memecoins will become the same utility token grift all over again
CEXs are intentionally making the memecoin market very unhealthy and the Free & Fair movement led by $DOG is going to put a stop to it
All a memecoin should ever be is a picture, a ticker, and a bunch of degens having fun trying to bull post it to the moon
This is the vision for $DOG which was the same vision as BTC in its early days
Memecoins should be the one safe place for retail to be able to speculate without insiders rigging everything
Repost if you believe that instead of fighting the Free & Fair movement @binance, @coinbase, @okx, @krakenfx, @Bybit_Official, @kucoincom, @HTX_Global, and @cryptocom join it and list $DOG the #1 memecoin on Bitcoin!
Repost if you believe that @MustStopMurad's thesis aligns with this and that he should join the $DOG Army!
Repost if you are ready to send $DOG to the moon with or without the tier-1 CEXs!!!!!!!!!!!!!!!!!!!!!!!!!!!
Dear @heyibinance,
You just issued a statement about @binance's new goal of listing bottom up, community driven memecoins that are well distributed and not run by insiders or VCs
$DOG (the #1 memecoin on Bitcoin) perfectly fits this new criteria:
- 100% volunteer initiative with no team allocation
- 100% of supply was distributed for free
- Airdrop algo did not favor whales or insiders
- Airdrop algo did not allow for farming
- No gifts were given to KOLs
- Reached a $980M market cap with zero tier-1 listings
If @binance is serious about listing decentralized memecoins then $DOG is the best choice
$DOG has even given up all IP rights and thus nobody is in charge so there is no official X account or telegram group
$DOG is the BTC of memecoins
If you are interested in learning more please DM me
Sincerely,
$DOG Army
We're excited to partner with @YakuCorp to provide @ApesPlus the largest reward yet - 5,000,000 $YAKU
Communities involved are @BoredApeYC, @MeebitsNFTs, @moonbirds, and Kodas.
Yaku is joining the @OthersideMeta with a large center island deed and Apes are coming to Yakuverse.
🚨 BITCOIN PUNKS GIVEAWAY 🚨
We're giving away Bitcoin Punk #6316 (Ordinal Inscription 22,922), donated by @Bitcoinpunk4156!
!! TO ENTER !!
1⃣ Tag a bunch of NFT friends
2⃣ RT this
3⃣ Follow @bitcoin_punks_ + @OrdinalsMarket_
One random winner will be selected on August 6th!
@bankless I think BattlePlan! auto brawler on
@pixelvault_ they have even developed their @rebootgg_ protocol for future arcade of games. I suggest you interview @Gfunkera86 that would be eye-opening to everyone
🕹💥 Buckle up, brawlers! We're diving behind the scenes with our Art Director @GaladWarder, for a very special Devlog!
Drumroll, please...
We're thrilled to unveil our incredible animation partner @TitmouseInc, the masterminds behind the hand-drawn character animations in BattlePlan!