Doge Foundation Returns: Birchall, Markus, Keller & Buterin As Advisors
Advisory board members for the re-established foundation include Ethereum’s Vitalik Buterin, the Co-Founder of Dogecoin Billy Markus, Dogecoin core developer Max Keller and Neuralink CEO Jared Birchall – representing Elon Musk’s interests.
After six years of nearly total media silence, the Dogecoin Foundation is coming back to support core developers and projects benefiting the meme-based cryptocurrency.
In a Tuesday announcement, the Dogecoin Foundation said it would be reestablishing itself in an effort to support the Dogecoin (DOGE) community as well as promote the future of the blockchain.
“It is with great excitement that today we announce the re-establishment of the Dogecoin Foundation (est 2014), with a renewed focus on supporting the Dogecoin Ecosystem, Community and promoting the future of the Dogecoin Blockchain.”
“The Foundation holds the Dogecoin mark and the Dogecoin Logo and will maintain them for the community,” said the announcement. “This will mean the Foundation can continue to protect the Dogecoin Brand and allow (under a very liberal license) the ability to use it for Dogecoin-related memes, projects and fun. — We’ve got your back on this one.”
According to the foundation, it is aiming to secure a three-year budget to onboard team members to support its goals. The project’s website lists Ethereum co-founder Vitalik Buterin, Dogecoin co-founder Billy Markus (as Shibetoshi Nakamoto on Twitter) and Dogecoin core developer Max Keller as advisery board members. In addition, Tesla CEO and DOGE proponent Elon Musk’s interests will seemingly be represented by Neuralink CEO Jared Birchall.
The manifesto declares that “We are Dogecoin, the accidental crypto-movement that makes people smile.” It declares that its goal is to develop “a currency for the people.”
However, while it has a manifesto and website, the foundation—unlike those maintained by other cryptocurrencies including Ethereum and Cardano—is not yet a legal entity, according to Nicoll. The team is still working to get final details in place and have not yet announced its headquarters or roadmap.
First launched in 2014, months after Dogecoin founder Jackson Palmer announced the project on Twitter as a joke, the foundation was behind many charitable contributions in and out of the crypto space. However, after some of its founders, Ben Doernberg and Eric Nakagawa, left the original foundation, the group had largely been silent.
As data from CoinMarketCap shows, the price of DOGE has risen more than 13% in the last week to reach $0.29 at the time of writing.
