Dogecoin Foundation Announces Plans for Global Adoption
Cover Image: U.Today
Official Dogecoin Account Tweet:
"Adoption is inevitable."
Upcoming Major Partnership Announcement:
The Dogecoin Foundation's Director, Timothy Stebbing, revealed that the Foundation has been engaged in discussions with several major companies. He stated that a major PR announcement is expected in early March, unveiling the details of these partnerships.
Rejection of Past Offers:
Stebbing disclosed that the Foundation had previously declined multiple offers from corporations seeking to promote Dogecoin for millions of dollars. He expressed skepticism about the genuine interest of these companies, believing they primarily sought to capitalize on the Dogecoin community's reputation.
Recent Development:
However, the Foundation has recently formed a five-year partnership with "House of Doge," which will serve as its official commercialization partner. This partnership will allow the Foundation to double its development team and focus exclusively on Dogecoin's development.
Dogecoin Reserve and Treasury:
The Dogecoin Foundation has also established a Dogecoin Reserve & Treasury to provide liquidity to corporate Dogecoin adopters and facilitate onboarding new Dogecoin users.