Dogecoin Labs Launches With MyDoge, DogeOS and a Dogecoin Foundation Partnership
By Unchained
AI summary of the source article
Dogecoin Labs launched as the official commercial partner of the Dogecoin Foundation to manage the MyDoge wallet, DogeOS, and Such App. House of Doge is transferring operational units into the new entity in exchange for an equity stake.
Why it matters
Tim Stebbing stated that Labs gives the community a way to build "products people use, while preserving the principles and open development model at the heart of Dogecoin."
Key facts
- Dogecoin Labs launched to operate the MyDoge wallet, DogeOS application layer, and Such App merchant payments tool.
- The Dogecoin Foundation signed an agreement establishing Dogecoin Labs as its official commercial partner.
- House of Doge is moving parts of its product, engineering, and commercial operations into Labs for an equity stake.
Source excerpt · Unchained
The new company, led by MyDoge and DogeOS founder Jordan Jefferson, takes over DOGE's wallet, app layer and payments app as House of Doge steps back for an equity stake. The post Dogecoin Labs Launches With MyDoge, DogeOS and a Dogecoin Foundation Partnership appeared first on Unchained .