Metalpha Technology Holding Limited (NASDAQ: MATH) has announced a partnership with DOGEOS, an application layer founded by MyDoge. The collaboration aims to support the development of DogeCoin (DOGE) as a blockchain platform suitable for gaming, distributed finance (DEFI), and artificial intelligence (AI) applications.
DoGeos focuses on expanding the usefulness of Dogecoin beyond its current use in centralized exchange. DogeCoin has recorded over 4 million transactions every day and has a position among the top cryptocurrencies by market capitalization, but its integration with decentralized platforms remains limited.
Dogeos is developed by the team behind Mydoge, a popular Dogecoin wallet with over half a million users. The platform has secured $6.9 million in funding led by PolyChain Capital, building tools for developers to create consumer applications in a variety of sectors.
Metalpha has a history of supporting proof of work networks, including Bitcoin and Litecoin initiatives. He has worked on institutional indexes, risk management tools, and sustainability research. This partnership with DoGeos focuses on Metalpha expanding the actual use of digital assets and strengthening the infrastructure for its proof of work ecosystem.
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