The Dogecoin Foundation has put out a call for an unspecified amount of funding, with the goal of growing the community through future network development.
Developers are seeking several major sponsors in 2025 to fund efforts to drive mass adoption, according to the Dogecoin Foundation’s X (formerly known as Twitter) post on Sunday.
The donations will go toward building Dogebox, a decentralized payment infrastructure that aims to empower small and medium-sized businesses.
“[Dogebox is] the vehicle we envisage for onboarding the first million grassroots retailers to accept Dogecoin as a direct payment layer,” the Dogecoin Foundation said Monday in a statement on social media.
The amount of funds developers aim to raise in 2025 remains unclear. The Dogecoin Foundation did not immediately reply to Decrypt's requests for comment.
Dogecoin is trading at $0.40 as of writing time, just a few days after eclipsing a three-year-high price of $0.475, according to CoinGecko data. The token is down 3% in the past 24 hours.
Founded in 2021, the Dogecoin Foundation has received several capital...
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