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Dogecoin Foundation, a non-profit organization supporting the most watched cryptocurrency in 2021 Dogecoin (DOGE) and Vitalik Butrin,Co-founder Ethereum blockchain ecosystem. The strategic cooperation involves the development of a collateral mechanism for DOGE coins, which will help the latter strengthen its position in the crypto industry. The Dogecoin Foundation mentioned this news in its Dogecoin Roadmap or “Walking the Dog”, which emphasizes the organization’s future expedition to focus on local token success.
According to reports, the NPO is working closely with the creator of ETH, Vitalik Buterin, to design an exclusive governor’s proposal for the community pledge module of ETH Proof of equity system. The foundation mentioned that this newly launched solution will enable Dogecoin holders to securely pledge their DOGE tokens and earn additional tokens to provide the necessary support for the ecosystem.
The new staking version will allow all investors, regardless of their size, to actively participate in this process. They will get a fair chance and get rich returns for their contribution to the support network.
After avoiding media exposure for 6 years, the Dogecoin Foundation resumed its project in August 2021. The NPO’s latest team includes some of the largest industry names in the list of advisory board members. This includes Vitalik Buterin, Dogecoin co-founder Billy Markus and Dogecoin core developer Max Keller.
Tesla’s CEO Elon Musk’s interests in the project are represented by Neuralink CEO Jared Birchal, and we have seen Elon’s tendency to use this currency throughout the year. The foundation stated that their exploration has just begun, and they have received continuous support from industry friends and influential names who are willing to provide support for open source projects. After its founder left the channel, the foundation became inactive.
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