Dogecoin: The community that gives back

March 7, 2014 in Dogecoin


For my last post about dogecoin for the week, I thought I would begin to highlight all of the amazing opportunities that are being presented for Dogecoin. Like I mentioned in my previous post about the Dogecoin Markets, the currency is beginning to become more than an investment. A huge problem, that eventually drives the prices of other altcoins down, is investors treating them like investments and not actually doing anything with them. A currency doesn't gain value by sitting in an exchange. Rather, it gains value by being used by people to accomplish real-world goals. Here are a few ways you can get involved.

The first thing that you can do to get involved is by spreading the word. Dogecoin has been around for just over three months now, and the community that we have created is amazing...but I think we can do better. The easiest way to get someone interested is to throw some doges their way. Even a quick paper wallet or a small tip on a social network (like Reddit, Imgur, Twitter, and Facebook) could be enough to get another shibe on board for the moon. And when you give a new shibe a tip, be sure to guide them through getting started. Point them to the subreddit or help them get a wallet set up. Its the little things that count.

In addition to simply giving people Dogecoin, you can help expand the use of the currency by supporting an initiative for the Dogecoin Foundation. The current initiative is called Doge4Water. The goal of the project is to raise 40,000,000 dogecoin for charity:water, a non-profit organization that brings clean, safe drinking water to people in developing nations. In addition to this initiative, the foundation is also curently raising doge for many other goals (check out their website for more details). The foundation has been an extremely successful asset to the community and I hope people will continue to support their initiatives.

Another way that you can help out is by supporting businesses that are supporting dogecoin. They are taking a risk in accepting cryptocurrencies and they should be rewarded for that. I personally have used treats.io (run by Moolah) to purchase myself a giftcard. It was a really great experience with Moolah, and it feels great to be able to use dogecoin to actually buy something.

I, and many other members of the community, are overwhlemed by what we have accomplished this far. In oue mere three months of existence, we have transformed from a small puppy of a community to a thriving pack of shibes. We have sent athletes to the Olympics. We have provided funding for service dogs. We are raising funds to bring water to developing parts of the world. And, last but not least, we are going to the moon!