Baby Stephen A. Ðoge @stephenAdoge - Twitter Profile

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Matt Gaetz

@mattgaetz

9 months ago

Is DOGE about to become the world’s great utility token? After being a meme?!

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Dogecoin Foundation

@DogecoinFdn

9 months ago

For many years the Dogecoin community has looked forward to the time when adoption by ‘big name’ companies and institutional investors would propel us toward global adoption. This is what @houseofdoge is helping bring to the table. Today’s big news is that HoD and Dogecoin Treasury are moving from privately held to publicly held, having raised over a combined 225M dollars to advance Dogecoin's global adoption. What does this mean for Dogecoin? Now, everyday people can invest in the traditional sector's support and confidence in Dogecoin, increasing its acceptance and usefulness worldwide. Dogecoin becomes accessible to industry investors as well as everyday investors — and through investing in Dogecoin’s projects and development — lets Dogecoin stand with the crypto heavyweights without changing its core community focused nature. This in fact expands the influence of the people to having a say in the direction of the Dogecoin ecosystem. This move gives people a chance to own part of House of Doge; being a shareholder and having a say in the operation of the organization. Today, the Foundation supports a staff of 15 people working full time on over a dozen open source projects from Core to libraries, services and hardware, bringing Dogecoin to millions. With a 20 year arrangement in place between House of Doge and the Dogecoin Foundation, we now have the financial support to continue development of Dogecoin for many years to come. Combine this with the empowering work of the @DogeOS smart contract L2, the upcoming launch of the Dogecoin Fractal side-chain for tokenization of real-world assets, and the tireless work of the @Dogecoin Core team — Dogecoin development and utility is accelerating at a never-before seen pace. Expect more usage and interest, acceptance and viability as a worldwide currency.

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