A Dogecoin (DOGE) -oriented division of the listed over the counter software company AppSwarm wants to bring together global development teams to build from the Dogecoin blockchain.
DogeLabs – a newly established division of AppSwarm’s blockchain research lab, TulsaLabs – announced a new initiative Wednesday calling on DevOps teams to share their efforts to build a “decentralized network” of DOGE developers around the world unite.
“These teams would share ideas and support Doge-based applications for both commercial and potentially larger companies in their local jurisdictions through the DogeLabs network,” DogeLabs said in the announcement.
The founder and CEO of DogeLabs, Thomas Bustamante, pointed out in the official Telegram group of DogeLabs that the new initiative was the “fastest and cheapest way to quickly expand DogeLabs as a global player in Dogecoin”. The Dogecoin lab will be reviewing potential partners in the coming weeks, Bustamante noted, adding that DevOps teams must meet certain criteria that will be released shortly.
Currently operating in New York and Tulsa, DogeLabs is a blockchain research lab and startup accelerator focused on commercial applications around the Dogecoin protocol. The lab’s CEO is also the founder and CEO of AI Venturetech, an artificial intelligence startup that works with AppSwarm in its blockchain research lab. The company apparently entered blockchain development after its 2020 securities offer was rejected by the U.S. Securities and Exchange Commission.
AppSwarm did not immediately respond to Cointelegraph’s request for comment.
The development related to Dogecoin looks promising as DOGE has become one of the fastest growing digital currencies this year, seeing gains of up to 13,500% year-to-date, having climbed from $ 0.005 to an all-time high of around 0.73 USD had risen. Amid the altcoin’s parabolic growth, Canadian company Geometric Energy Corporation announced plans to send a mission to the moon aboard a SpaceX Falcon 9 rocket as part of a Dogecoin-based deal.
Dogecoin was founded in 2013 by the IBM software engineer Billy Markus and the Adobe engineer Jackson Palmer and is a crypto currency based on the popular meme “Doge” with a Shiba Inu dog. Dogecoin protocol is based on Luckycoin (LKY), which itself is derived from the Litecoin (LTC) blockchain.