The Dogecoin Foundation’s new advisory board includes Ethereum Co-Founder Vitalik Buterin and Jared Birchall, who heads Elon Musk’s family office, as advisors.
Â
In an announcement, the Foundation announced its re-establishment with “renewed focus” to support the ecosystem and community built around the cryptocurrency. The Dogecoin Foundation is a non-profit organization that was first launched in 2014 but had been dissolved over time.
Â
Max Keller, a core developer for the Dogecoin project, will also serve as a technical adviser, while founder Shibetoshi Nakamoto will be the community and memes advisor.
Â
In its announcement, the Foundation said it is not here to “take control” of the Dogecoin Core Wallet project but to accelerate development efforts around the crypto token. The Dogecoin Core Wallet is the official wallet for holding Dogecoin that’s maintained by the foundation.
Â
The foundation said in its announcement, “We are here to accelerate the development effort by supporting current Dogecoin Core and future Dogecoin Developers to work on a full-time basis through sponsorship, as well as providing a welcome landing for new contributors hoping to help with the project”.
Â
It also hopes to raise a three-year budget, which will be used to hire a staff that will look after its day-to-day activities.
Â
The Foundation also plans to announce new projects on Dogecoin soon. Its website has space for the project roadmap, which it claims is “being drafted” right now and will be announced “shortly”.
