Dogecoin Co-Founder Rejects $14,000,000 Offer To Promote Much Hyped Crypto Project Dogechain
The creator of the popular meme token Dogecoin (DOGE) is turning down an offer worth millions of dollars in digital assets to promote an unofficial offshoot crypto project.
Billy Markus, co-founder of the dog-themed crypto-asset, has rejected an offer of 10 billion DOGE, worth around $14 million at the time of writing, to promote Dogechain, a blockchain project that aims to bridge the gap between Dogecoin and Web3.
Responding to a Twitter user who broke the news, Markus says that “no one really cares anyway” to turn down the offer avoids betraying the DOGE community because people just assume he got rich making DOGE or running pump and dump schemes.
As tired by user Vee,
“Billy was offered to get 10 billion Dogecoin from Dogechain to promote their project.
That is, at today’s price, $14 MILLION.
[Billy Markus] To turn down so much money to avoid betraying your community is worthy of our deepest respect.”
Jens Wiechers, member of the Dogecoin Foundation, quickly pointed out that Dogechain is an unofficial project not affiliated with the popular meme coin or its founders.
“Claims in paid media that Dogecoin launched a “Dogechain” test network are false.
Neither Dogecoin, [Dogecoin developers] or others related to [The Dogecoin Foundation] is in any way associated with the token.”
Dogechain launched earlier this month as a way for Ethereum (ETH)-based developers to build decentralized finance (DeFi), non-fungible tokens (NFT) and other crypto-related products with DOGE.
“Dogechain presents developers with a platform to build DeFi, GameFi, NFT platforms and other decentralized applications with DOGE as part of the core financial system.
Being EVM (Ethereum Virtual Machine) compatible, developers on Ethereum and other EVM blockchains can easily build new applications or bridge existing applications to Dogechain without changing the original code or learning new programming languages.
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Featured image: Shutterstock/Frank Rohde
