Dogecoin Basis clarifies its relationship with Dogecoin 2.0 – bitcoinist.com

Dogecoin 2.0 is a new project that recently entered the meme coin community. The coin is applying as an updated doge. As a DeFi token in the BSC chain, it is not difficult for investors to confuse the token with the original Doge. This has prompted the Dogecoin Foundation to issue a statement to clarify their relationship with the new Dogecoin 2.0 project.

Dogecoin and Dogecoin 2.0 are two separate tokens

The Dogecoin Foundation made it clear on their website that Doge 2.0 was in no way affiliated with the original Doge. It represented that affected parishioners had brought the former to their attention. Apparently I wanted to know if they were part of the original Doge project. Although the Doge 2.0 calls itself the Doge Upgrade, it is in no way built on or linked to the original Doge.

Related reading | Mark Cuban Pushes Dogecoin Payments With New Incentives

The foundation spoke out in favor of new projects in the community. However, he had to protect his community from projects that could mislead them into believing they were investing in the original project. For this purpose, the trademark protection lawyers foundation asked to get in touch with the developers of the Dogecoin 2.0 project.

The reason for this is to ask the team behind the project to choose a different name for their project. Since the current one seems to have the connotation, it is directly linked to the original Dogecoin project. The name chosen for their token violates the rights and reputation of the Doge brand. And could thus lead to damaging consequences for the project if something goes wrong with the new token.

Previous project denunciations

Doge’s rapid surge in popularity was not without its drawbacks. Various projects have claimed that they have links with the original project. Hoping to benefit from its huge popularity. This has resulted in the Dogecoin Foundation making public statements clarifying that they are in no way affiliated with these projects.

Related reading | The famous “Dogecoin Millionaire” targets Cardano and goes “All In”

These projects include MoonRabbit AngoZaibatsu and the Dogecoin Foundation, which use the doge.org domain. The foundation denied any claims to a partnership with any of these institutions. Explain that this was incorrectly stated by the entities.

The foundation also announced that they were in opposition to actors trying to register trademarks for Dogecoin. As they have no connection with the project they were trying to profit from. The project has always been committed to remaining freely available to its community. And as such, it continues to ensure that the brand is community owned.

Dogecoin price chart from TradingView.com

Doge token trading at $ 0.28 | Source: DOGEUSD on TradingView.com Selected image from Bankrate.com, chart from TradingView.com


Share post on

Sonic BTC is reader-supported. When you buy through links on our site, we may earn an affiliate commission.

Dogecoin

Why Bitcoin, Dogecoin, Ethereum – and in addition Coinbase – are on the transfer at this time – Motley Idiot

What happened Towards the end of the week, cryptocurrency prices in Friday morning trading...

By wpadminsonic164
Dogecoin Elliott Wave Evaluation: Appears to be Transferring Down – FXStreet Dogecoin

Dogecoin Elliott Wave Evaluation: Appears to be Transferring Down – FXStreet

If the crypto market extends its decline today, we would likely have five waves...

By wpadminsonic164
Make Chainlink, Fundamental Consideration Token, Dogecoin  funding – AMBCrypto Information Dogecoin

Make Chainlink, Fundamental Consideration Token, Dogecoin funding – AMBCrypto Information

Several altcoins are appearing in the crypto room with the intention of becoming the...

By wpadminsonic164
Dogecoin-inspired DogeCola drinks are transport this month – Benzinga – Benzinga Dogecoin

Dogecoin-inspired DogeCola drinks are transport this month – Benzinga – Benzinga

DogeCola (CRYPTO: DOGECOLA) will be shipping its Memecoin-inspired soft drinks this month. What happened:...

By wpadminsonic164
Dogecoin faces one other drop on a closing value under $ 0.28: Evaluation – Yahoo Finance Dogecoin

Dogecoin faces one other drop on a closing value under $ 0.28: Evaluation – Yahoo Finance

Dogecoin (CRYPTO: DOGE) Investors should expect to plunge into another major downturn soon.What happened:...

By wpadminsonic164
Prime Cryptocurrency Costs Right this moment: Dogecoin, Cardano Falling;  Binance Coin wins 4% – Financial Occasions Dogecoin

Prime Cryptocurrency Costs Right this moment: Dogecoin, Cardano Falling; Binance Coin wins 4% – Financial Occasions

New Delhi: Major cryptocurrencies traded almost unchanged as the digital token cart was missing...

By wpadminsonic164
Dogecoin

Why Dogecoin is Crypto’s Most Harmful Joke – Motley Idiot

the Dogecoin (CRYPTO: DOGE) Blockchain is a ghost town when compared to other cryptocurrencies...

By wpadminsonic164
Dogecoin

Why Bitcoin, XRP, and Dogecoin Look Weak Immediately – Motley Idiot

What happened Cryptocurrency prices start the week weak on Monday. Here's what happens to...

By wpadminsonic164

Latest Posts

Uncategorized

Noboni.com: Best Girl’s Online Shopping in bd

Noboni.com is the best Bd online shopping for girls. We 🏷️ offer the latest...

By wpadminsonic164
Monero, Stellar, AAVE Value Evaluation: August twenty second – AMBCrypto Information Stellar

Monero, Stellar, AAVE Value Evaluation: August twenty second – AMBCrypto Information

Major cryptocurrencies have shown mixed trading so far, with Bitcoin reversing its losses by...

By wpadminsonic164
BITCOIN CRASH (essential add)!! MY NEW STRATEGY, BITCOIN PRICE PREDICTION & BITCOIN NEWS TODAY!! Videos

BITCOIN CRASH (essential add)!! MY NEW STRATEGY, BITCOIN PRICE PREDICTION & BITCOIN NEWS TODAY!!

BITCOIN CRASH (important upload)!! MY NEW STRATEGY, BITCOIN PRICE PREDICTION & BITCOIN NEWS TODAY!!...

By wpadminsonic164
Binance allegedly seeks authorities funding underneath regulatory strain, focusing on $ 200 billion valuation – Yahoo Finance Binance

Binance allegedly seeks authorities funding underneath regulatory strain, focusing on $ 200 billion valuation – Yahoo Finance

The world's leading cryptocurrency exchange Binance seeks government funding despite being in the crosshairs...

By wpadminsonic164
Bexplus lists Cardano (ADA), provides 100x leverage and 100% deposit bonus – CryptoGlobe Cardano

Bexplus lists Cardano (ADA), provides 100x leverage and 100% deposit bonus – CryptoGlobe

In order to do justice to the fast growing market for Cardano ($ ADA),...

By wpadminsonic164
Ethereum’s EIP-1559 improve burned $ 400 million in ETH: report Ethereum

Ethereum’s EIP-1559 improve burned $ 400 million in ETH: report

Ethereum's EIP-1559 upgrade burned $ 400 million in ETH instead of handing it over...

By wpadminsonic164
Dogecoin

Why Bitcoin, Dogecoin, Ethereum – and in addition Coinbase – are on the transfer at this time – Motley Idiot

What happened Towards the end of the week, cryptocurrency prices in Friday morning trading...

By wpadminsonic164
The transition between fiat and bitcoin Bitcoin

The transition between fiat and bitcoin

One world, two systems: Why Bitcoin and Fiat have to learn to live togetherTwo...

By wpadminsonic164