Dogecoin , a joke coin? No .. A payment coin, yes!

miningio (34)in #doge • 7 years ago (edited)

Made from an apparent joke about a Shiba Inu dog, Dogecoin has now become a payment solution for many who want to avoid the high costs associated with bitcoin or ethereum transactions. I see it as growing as a viable crypto payment solution for sure.

Not much information, and no apparent whitepaper. But it has definitely seen growth .

Look at cryptopia.co.nz , make an account, you see dogecoin as a crypto base for many other, some actually you only can purchase using doge. Pac Coin (PAC) can only be purchased through doge. I see dogecoin to the moon!

MARKET CAP $880,540,378.93

24H LOW / 24H HIGH $0.00750010 / $0.00882081

24 HOUR TRADING VOLUME $37,780,368.22

Complete Metrics Score

TOTAL69%

Major Exchanges Trading Activity
LIQUIDITY 63%

Source Code Repository Activity
DEVELOPER 85%

Social Media & Discussion Board
COMMUNITY 61%

About

The Dogecoin Foundation is a Colorado non-profit corporation created for and by the members of the worldwide Dogecoin community and is incorporated under the Colorado Revised Nonprofit Corporation Act.
Our purpose is to facilitate the continuing prosperity of Dogecoin through promotional and charitable endeavors and we seek to foster and expand the community ideals of camaraderie and playful discovery and to empower people the world over.

Dogecoin is a fun, new and rapidly growing form of digital currency.
This form of digital currency is called "cryptocurrency"; a type of digital currency.
Cryptocurrency is completely anonymous, decentralized, and extremely secure.

Dogecoin is used with a wallet on your computer, your smartphone, or a website.
You can use it to buy goods and services, or trade it for other currencies (both other cryptocurrencies or traditional currency like US dollars).

One of the most popular uses for Dogecoin is "tipping" fellow internet-goers who create or share great content. Think of it as a more meaningful "like" or upvote, with real value that can be used all across the internet.

+Serving the Dogecoin Community.

The Dogecoin Foundation is a non-profit organization created by the Dogecoin community, for the Dogecoin community, to facilitate the use of Dogecoin through goodwill, promotional and charitable endeavors.
So whether there is a project that you would like to see happen or you just want to spread the love using the magic of doge, we invite you to work with us.

+Donating to Charities and Funding Causes.

The Dogecoin community, as you might know, is a friendly bunch of people. As a community, we make massive efforts to help people whether they're on the moon or on Earth. That's just our nature.

+Doge4Water

+Dogecoin

Promoting the use of Dogecoin - our fun currency.
We all wish Dogecoin will reach the moon, may that day be sooner or later. But it all starts with what us, the community, can do. The Dogecoin Foundation helps promote Dogecoin, so more and more people know about it and we can get it in the hands of more shibes. Think of us as the "backend" of the Dogecoin community.

Milestones
The Dogecoin Foundation is still in the process of getting set-up. Below you will find the Foundation's milestones until elections will be held:
Website
Develop website for information and communication: completed
Develop support and member access options: in progress.
Communications
Find members willing to help with communication: postponed.
Establish a PR team: interim team set-up, until membership is opened.
Open Membership
Establishing a small set of procedures and policies for membership: completed.
Membership sign-up via website: in progress.
Legal/Compliance
Bylaws: completed
Continue talks with UltraPro with regard to the Trademark situation: completed
Develop election methodology and requirements: in progress

Some Information from their artices of incorporation filed in the great state of COLORADO
By laws are posted on a separate posting.

STATEMENT OF PURPOSE
The purpose of the Dogecoin Foundation, Inc. is

to promote and facilitate the use of Dogecoin through
educational, goodwill, and charitable endeavors;
to hold and license Dogecoin-related intellectual
property and other assets in trust for the benefit of the Dogecoin community; and,
to support the development of the Dogecoin protocol and software.

DISTRIBUTION OF ASSETS AT DISSOLUTION

Distribution
– No part of the net earnings of the corporation shall inure to the benefit of, or be
distributable to its members, trustees, officers, or other private persons, except that the corporation shall
be authorized and empowered to pay reasonable compensation for services rendered and to make
payments and distributions in furtherance of the purposes set forth herein. No substantial part of the
activities of the corporation shall be the carrying on of propaganda, or otherwise attempting to influence
legislation, and the corporation shall not participate in, or intervene in (including the publishing or
distribution of statements) any political campaign on behalf of or in opposition to any candidate for public
office. Notwithstanding any other provision of these articles, the corporation shall not carry on any other
activities not permitted to be carried on (a) by a corporation exempt from federal income tax under
section 501(c)(3) of the Internal Revenue Code, or the corresponding section of any future federal tax
code, or (b) by a corporation, contributions to which are deductible under section 170(c)(2) of the Internal
Revenue Code, or the corresponding section of any future federal tax code.
Dissolution - Upon the dissolution of the corporation, assets shall be distributed for one or more exempt
purposes within the meaning of section 501(c)(3) of the Internal Revenue Code, or the corresponding
section of any future federal tax code, or shall be distributed to the federal government, or to a state or
local government, for a public purpose. Any such assets not so disposed of shall be disposed of by a Court
of Competent Jurisdiction of the county in which the principal office of the corporation is then located,
exclusively for such purposes or to such organization or organizations, as said Court shall determine,
which are organized and operated exclusively for such purposes.