Dogecoin Foundation Announces $360K Development Fund for Contributors

• The Dogecoin Foundation has announced a 5,000,000 DOGE ($360,000) development fund, which will be distributed to developers who contribute to the Dogecoin Core.
• The funds will be held in a segregated multi-signature wallet, and will be run by members of the foundation.
• 500,000 DOGE will be distributed to developers after the Dogecoin Core records a minor or major advancement.

The Dogecoin Foundation recently announced a 5,000,000 DOGE ($360,000) development fund, which will be distributed to developers who contribute to the Dogecoin Core. This fund is meant to provide incentives for developers to continue their work on the Dogecoin Core and improve it. The foundation has also made sure that the funds are held securely, and will be managed by a group of members from the foundation.

The funds will be held in a segregated multi-signature wallet, and will be run by members of the foundation. This wallet will be supervised by chromatic (Dogecoin Core developer), Marshall Hayner, Patrick Lodder, Michi Lumin, and Ross Nicoll. The security of the funds is paramount, and the wallet cannot be accessed by any of the custodians as individuals or as a group. Furthermore, a custodian cannot nominate their successor, and the remaining custodians must unanimously agree on the appointment of the successor.

The Dogecoin Foundation has also announced that 500,000 DOGE will be distributed to developers after the Dogecoin Core records a minor or major advancement. The actions of each contributor will determine the reward size. This process will be completely transparent, and will ensure that developers are properly rewarded for their contributions.

The Dogecoin Foundation’s development fund is a great way to incentivize and reward developers for their hard work. This fund will ensure that the Dogecoin Core continues to improve and become a more stable and secure platform. It is also a way to show appreciation for developers, who work tirelessly to make the Dogecoin Core the best it can be.