Dogecoin foundations launches roadmap for the first time in 8 years
A roadmap has been published by the original meme coin for the first time in its eight-year history. The roadmap was released, outlining eight new projects. Dogecoin.com will undergo a major redesign with GigaWallet, a payment solution API to be released soon.
In 2021, it would seem odd not to have a roadmap for any major cryptocurrency project. Almost a decade later, DOGE is the 12th biggest cryptocurrency, and the project has finally released a roadmap.
DOGE was launched as a 'joke' in 2013, and not even its founders could have predicted this meme coin's popularity.
To capture feedback and what the community wants from the project, the foundation signed the Dogecoin Manifesto in August, explaining the intention of the project.
There are some notable board members and advisers on the Dogecoin Foundation, including Ethereum co-founder Vitalik Buterin.
As part of this open-source project, the foundation says it is partnering with "some influential friends" and a group of people who are planning on contributing to these projects.
Shibetoshi Nakamoto, the creator of meme coin, stated that the meme coin will always be a community-based cryptocurrency, whose developers will maintain it instead of taking decisions for it.
He adds, "Dogecoin belongs to y’all. Don’t treat it like a company with stockholders. You can contribute!”
The first step as per the announcement is to completely redesign Dogecoin.com. Moreover, the roadmap includes eight new projects that will help advance Dogecoin's adoption. In the roadmap, the dogecoin foundation argues that utility is paramount since it leads to adoption. The more utility there is, the more Dogecoin there will be. Some of those projects include Libdogecoin and GigaWallet.
Libdogecoin implements Dogecoin Protocols, so anyone can create a product that is Dogecoin compliant. The GigaWallet will allow developers to integrate DOGE payments into their apps via API.
Tesla CEO Elon Musk's involvement in the DOGE token tribe and his tweets have contributed to Dogecoin's popularity.
CBW - External Analyst