2023-01-02
Dogecoin Foundation and Board of Directors Announced the establishment of a new community Dogecoin Core development fund, allocating 5,000,000 DOGE funds for this fund to promote the development of the Dogecoin Core platform.
The development fund will be managed
by the existing core developers and signatories to the Board of Directors, with
the funds being awarded in accordance with the existing Dogecoin Core tip jar
system.
The value of funds has been secured using a multi-signature wallet, which is protected by three-fifths of the signatures from trustees selected by the board.
In addition, the Dogecoin Foundation
recently announced the addition of Marshall Hayner to their board of directors
due to years of involvement in the Dogecoin community, where Hayner has earned
a reputation as a prominent figure in the area.
Source link: Dogecoin Foundation X U.today
Picture Credit: Link