Benefits of Dogechain for Dogecoin Users For Availing Web3 Dapps

Dogecoin came into existence as a meme coin and was the brainchild of Jackson Palmer and Billy Markus. It enables peer-to-peer payments on the decentralized network. Strangely, the web3 ecosystem has not done much to utilize the payment module for purchasing, marketing, tipping, crowdsourcing, and fundraising.

However, it is now possible to integrate the meme coin with Doge-themed projects like NFTs; DeFi games are now possible courtesy of Dogechain which gives access to developers to Web3.

Benefits of Dogechain for Dogecoin Users

Roc Zacharias, CEO of Lunar Digital Assets and Co-Founder of QuickSwap, quickly clarified that Dogechain is not a venture affiliated with DOGE. However, DOGE can be scaled up with the help of Dogechain since it uses a fraction of the energy for running dApps and facilitating transactions. Dogecoin can act as a bridge enabling Ethereum-specific software like apps and games on the platform. This is possible due to the Polygon Edge construction and compatibility with the Ethereum Virtual Machine. It also enables users to access DeFi, NFTs, gas charge payments, participation in DAOs, etc. It can also be employed to avail services by exchanging their DOGE for wDOGE proof of stake tokens. Developers can also avail the benefit of grants for projects which are created and built on

Dogecoin Values Surge Phenomenally

Elon Musk, the charismatic CEO of SpaceX and Tesla, adds Twitter to his kitty. He is also one of the most influential people and a big fan of DOGE. In the past, Tesla CEO Tweets often sent Dogecoin’s values soaring. The crypto sector is waiting and watching if Musk intends to incorporate the DOGE coin into the recently announced NFT Tweet Tiles update on social media.