Dogecoin Foundation develops infrastructure: The Dogecoin Foundation announced a mission to make Dogecoin (DOGE) a practical and widely accepted currency. To achieve this, they are focusing on developing infrastructure, scalability, and decentralization. Moreover, Dogecoin is seen as a global financial tool and is working to integrate into daily commerce.
Open source development and Dogebox application: The Dogecoin Foundation is promoting open source development to make DOGE more accessible and useful. The Dogebox project is a decentralized storage solution that allows businesses to integrate Dogecoin into operations, helping users and businesses actively participate in this ecosystem. This contributes to the benefits from transactions using Dogecoin.
Seeking funding and community support: To support development, the Dogecoin Foundation is seeking sponsorships. Since 2021, the foundation received funding from Vitalik Buterin and an anonymous benefactor. Expanding sponsorships is a key priority to promote decentralized finance, as Dogecoin is aimed at being a global exchange medium.
Expanding Dogecoin acceptance: The Dogecoin Foundation focuses on enhancing DOGE acceptance globally. They collaborate with businesses, developers, and regulators to ensure safe Dogecoin usage. Encouraging businesses and users to use DOGE helps increase acceptance and can increase Dogecoin’s value from the current 0.4248 USD.