coindesk.com
DogeOS, an application development layer for the Dogecoin ecosystem, announced the successful closing of a $6.9 million funding round led by Polychain Capital.
This capital infusion will fuel the expansion of DogeOS to allow developers to build a wide range of consumer apps — from gaming to artificial intelligence —while strengthening the dogecoin ($DOGE) ecosystem.
In software terms, a layer is an operating system-like collection of software. DogeOS is specific to the Dogecoin blockchain.
A bump in demand helps strengthen the fundamentals of memecoin $DOGE, allowing the creation of applications and other decentralized finance (DeFi) services that bolster $DOGE.
“Dogecoin has always been about community and culture – DogeOS is bridging the gap between Dogecoin’s massive consumer community and real on-chain innovation” said Jordan Jefferson, CEO of MyDoge, the team behind DogeOS.
“With over half a million users trusting MyDoge as their preferred wallet, we’ve seen firsthand the community’s demand for native Dogecoin experiences. DogeOS delivers on that demand – unlocking new use cases, more creativity, and a future where $DOGE is built into everything," Jefferson added.