The goal of the Dogecoin Foundation is to see DOGE establish itself as the de facto currency for international trade. DOGE Foundation head Timothy Stebbing put this maxim into practice by using the cryptocurrency to pay for coffee in an Australian cafe and prodding a local artist to sell their works “exclusively in Dogecoin.”
Billy Markus, the co-creator of DOGE, expressed his desire for cryptocurrencies in a string of tweets last month. He wants DOGE to continue to grow in usefulness and have a purpose.
The DOGE Foundation claims that by offering initiatives that make it possible for everyone on earth to create a noncustodial DOGE wallet and to exchange Dogecoin for goods and services, it aims to maximize the potential for DOGE to have a positive impact on people’s lives all over the world.
With Libdogecoin, a programming library or collection of building blocks for creating DOGE applications, the DOGE team has continued to create the groundwork for multiple upcoming DOGE projects over the past few months.
One of these projects, the GigaWallet, seeks to provide a free drop-in solution for online tipping and trade by fusing the DOGE network with common noncustodial wallets.
Customers can now use DOGE to pay for a ride on the Loop, Elon Musk’s Boring Company’s Las Vegas public transportation system. Users can get an all-day pass to the Vegas Loop for 36 DOGE, or $2.50.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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