Vitalik Buterin, creator of Ethereum, is part of the Advisory Board of the updated dogecoin Foundation

Vitalik Buterin, the creator of Ethereum, is a member of the Advisory Board of the Dogecoin Foundation, a nonprofit that has been relaunched to support the development of dogecoin and blockchain.

The fund is recovering as Dogecoin (DOGE) becomes one of the largest cryptocurrencies with a market capitalization of more than $ 39 billion.

 

In the new announcement, the nonprofit highlights its main interests.

“Today with great excitement, the Dogecoin Foundation (est. 2014), with a new emphasis on supporting the Dogecoin ecosystem, community, and promoting the future of the dogecoin blockchain.”

The foundation says it has created a small group of advisers who will act as allies and lawyers for the cryptography of memes and provide important information on some strategic areas.

The Advisory Board consists of four members. Jared Birchell, who represents Tesla CEO Elon Musk, will serve as legal and financial adviser. Dogecoin Core developer Max Keller will serve as technical advisor. Dogecoin co-writer Billy Marcus (Shibetoshi Nakamoto) will serve as a consultant to the community and memes. Finally, Buterin will be a blockchain and cryptography consultant.

The foundation also says it is seeking funding to support full-time employees for the project. The nonprofit aims to create a group of annual sponsors to fund its activities and development team.

“Our initial goal is to provide a three-year budget so that we have minimal staff on board to develop Dogecoin full-time without worrying about job security.”

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