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Home Technology Crytpocurrency

Dogecoin Developers Publish First-Ever Roadmap For Meme Crypto DOGE, Say Utility Is Way To Adoption – The Daily Hodl

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The developers of meme crypto asset Dogecoin (DOGE) are publishing the coin’s first-ever roadmap eight years after its initial launch.

In an update posted on the Dogecoin Foundation website, DOGE developers say that utility is the key to the meme coin’s adoption, leading them to announce four new DOGE projects.

The first project involves the complete overhaul of the Dogecoin.com webpage, which would include Dogepedia, a compilation of frequently asked questions (FAQ) about the meme coin.

The redesign would be followed by the construction of libdogecoin, a library that would allow anyone to create DOGE-compliant products without needing to know the deeper specifics of crypto functions.

The third project is the creation of the “Dogecoin Standard,” which would lower the difficulty barrier for potential developers in hopes of seeing a rise in the number of developers moving over to Dogecoin.

The fourth project is the launch of the GigaWallet project, which would allow developers to seamlessly integrate DOGE transactions into their platform the same way they would other distinguished payment providers.

According to the developers, the projects will pave the way for payment providers, game developers, social platforms and retailers to add DOGE into their infrastructure.

“Essentially the more utility the more useful, the more useful the more adoption, the more adoption the more Dogecoin gains traction as a serious universal currency for people everywhere.”

The roadmap also mentions two other projects, one proposal and a partnership. The developers say they will provide more details in 2022.

DOGE is exchanging hands at $0.187 at time of writing, a 15.5% increase from its seven-day low of $0.162.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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