Dogecoins devs want it to be more than just a meme.
But first, heres some background.
The Doge days are over
Dogecoin has been in development since 2013.
Its the stuff worthy of a movie deal, probably.
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Seemingly happy about his victory, Musk said it might be his favorite cryptocurrency, and that Dogecoin rulz.
He even changed his Twitter bio to feature CEO of Dogecoin, for about a day.
By April 2, the tech billionaire had changed his bio to retired CEO of Dogecoin.
But, that doesnt come easy.
Lumin echoed Nicolls thoughts.
While people do think Dogecoin is a joke, we actually do take it very seriously, Lumin said.
Dogecoin has come up with strategies to address this, though.
Communications are based around the simple principle of using dedicated channels for each subset of users.
This helps Dogecoin balance a level of seriousness but also maintain an outlet for its fun and jocular nature.
Indeed, what Dogecoin devs communicate is also highly important.
Community, stability, identity
That said, calling these methods of communication strategies might be grandiose.
In reality, these channels emerged more organically as a result of the community itself.
In many ways this reflects the efforts of the many volunteers working on the project, Nicoll said.
Lumin was actually surprised that Musk played along so freely.
We were just poking fun at the notion of a decentralized coin having a CEO,' Lumin said.
Like Dogecoin itself, it was more than just a joke.
Dogecoin isnt a company, and the core dev team doesnt have executives, Lumin said.
We have a core team thats dedicated to keeping things running (and we dont get paid.
None of us are dogecoin rich).
Even if some people do hate the saying.
After speaking with Nicoll and Lumin, its clear that Dogecoin is a serious project.
But the devs cannot deny the power of the meme.
Story byMatthew Beedham
Matthew is the editor of SHIFT.
He likes electric cars, and other things with wheels, wings, or hulls.
